555 E William St, Unit Studio 8H
555 E William St
Ann ArborMI48104
Cheap Homes for Rent in Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
555 E William St
Ann ArborMI48104
618 S Ashley St
Ann ArborMI48103
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
555 E William St, Unit #25 H
555 E William St
Ann ArborMI48104
707 S Division St
Ann ArborMI48104
111 N Ashley St
Ann ArborMI48104
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
555 E William St, Unit 13c
555 E William St
Ann ArborMI48104
Showing Results 1-7, Page 1 of 1
Downtown Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor 2 Bedroom Homes for Rent | $3,445 | $2,390 | $4,500 |
| Downtown Ann Arbor 4 Bedroom Homes for Rent | $4,565 | $3,800 | $5,987 |
| Downtown Ann Arbor 5 Bedroom Homes for Rent | $6,278 | $4,910 | $7,435 |
| Downtown Ann Arbor 6 Bedroom Homes for Rent | $7,631 | $5,250 | $9,495 |
| Downtown Ann Arbor 7 Bedroom Homes for Rent | $8,870 | $8,745 | $8,995 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Cheapest Available Downtown Ann Arbor Apartments for Rent
The cheapest available apartment rental in the Downtown Ann Arbor area of Ann Arbor, MI is a 2 Beds unit found at Foundry Lofts priced from $1,220. Landmark has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,315. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foundry Lofts | B2b-2x2 Double Occupant | 2BR,2BA | $1,220 |
| Landmark | 4X2C | 4BR,2BA | $1,315 |
| Forest Plaza Apartments | 1 bedroom | 1BR,1BA | $1,410 |
Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of December 10, 2025 the best value apartment in the Downtown Ann Arbor area is the $0.58 price per square foot 1327 Geddes Model at 1327 Geddes Ave in the in the Northeast Ann Arbor neighborhood starting from $1,582. The second greatest value Downtown Ann Arbor apartment is the 1315 Washtenaw Model at 1315 Washtenaw Ave starting at $1,444 with a $0.58 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for Downtown Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1327 Geddes Ave | 1327 Geddes | 6BR,2.5BA | $0.58 |
| 1315 Washtenaw Ave | 1315 Washtenaw | 5BR,2BA | $0.58 |
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| 510 Mack Rd | 510 Mack | 5BR,2BA | $0.73 |
| 1318 Wilmot St | 1318 Wilmot | 6BR,3BA | $0.67 |
| 507 Mack Rd | 507 Mack | 4BR,2BA | $0.78 |
| 1344 Wilmot Ct | 1344 Wilmot | 4BR,2BA | $0.87 |
| The Barrister | 6BR/2.0BA | 6BR,2BA | $0.92 |
| 1329 S University Ave | 1329.5 S. University | 5BR,2.5BA | $0.90 |
| 1348 Wilmot Ct | 1348 Wilmot | 6BR,2BA | $0.94 |
Frequently Asked Questions about Downtown Ann Arbor
What type of rentals are currently available in Downtown Ann Arbor?
There are currently 291 Apartments for Rent in Downtown Ann Arbor, MI with pricing that ranges from $980 to $12,000. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ann Arbor ranging from $1,650 to $9,600.
What is the current price range for Rental Homes in Downtown Ann Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ann Arbor ranges from $1,650 to $9,600 with an average monthly rent of $5,654.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.