530 Miller Ave
Ann ArborMI48103
Cheap Homes for Rent in Ann Arbor, MI from $900 (59 Rentals)
Search the lowest-cost Homes available for rent right now in Ann Arbor.
544 N State St
Ann ArborMI48104
807 Greenhills Dr
Ann ArborMI48105
2 Glendale Dr
Ann ArborMI48103
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$1,170Studio Apartments Available May 6
1352 Wilmot Ct
1352 Wilmot CtAnn Arbor, MI 48104
4190 Packard St
Ann ArborMI48108
311 Thompson St
Ann ArborMI48104
1133 Michigan Ave
Ann ArborMI48104
1133 Michigan Ave
Ann ArborMI48104
1133 Michigan Ave
Ann ArborMI48104
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.
1133 Michigan Ave
Ann ArborMI48104
4194 Packard St
Ann ArborMI48108
2866 Golfside Rd
Ann ArborMI48108
2116 Thaler Ave
Ann ArborMI48103
109 Fieldcrest St, Unit 301
109 Fieldcrest St
Ann ArborMI48103
555 E William St, Unit 13c
555 E William St
Ann ArborMI48104
2404 Warner Pl
Ann ArborMI48104
2636 Stadium View Dr
YpsilantiMI48197
555 E William St
Ann ArborMI48104
519 Longshore Dr
Ann ArborMI48105
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
Ann ArborMI48104
111 Fieldcrest St, Unit 205
111 Fieldcrest St
Ann ArborMI48103
1257 Island Dr
Ann ArborMI48105
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$1,800Studio Apartments Available Now
Furnished Studio-Detroit - Ann Arbor - Briarwood Mall
1501 Briarwood CirAnn Arbor, MI 48108
458 Dupont Ave
YpsilantiMI48197
555 E William St
Ann ArborMI48104
1249 Island Dr, Unit 104
1249 Island Dr
Ann ArborMI48105
1213 Island Dr
Ann ArborMI48105
813 E Kingsley St
Ann ArborMI48104
1325 S Maple Rd
Ann ArborMI48103
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,890Studio Apartments Available Now
Furnished Studio-Detroit - Ann Arbor - University South
3265 Boardwalk DrAnn Arbor, MI 48108
122 Allen Dr
Ann ArborMI48103
2269 S Main St, Unit 2269 S.Main St.
2269 S Main St
Ann ArborMI48103
101 Fieldcrest St, Unit 204
101 Fieldcrest St
Ann ArborMI48103
3932 Cloverlane Dr
YpsilantiMI48197
1411 Heatherwood Ln
Ann ArborMI48108
1205 Island Dr, Unit 204
1205 Island Dr
Ann ArborMI48105
3356 Burbank Dr
Ann ArborMI48105
221 N 1st St
Ann ArborMI48104
3099 Promenade Cir
Ann ArborMI48108
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
3005 Fernwood Ave
Ann ArborMI48108
1430 Fox Pointe Cir
Ann ArborMI48108
1872 Lindsay Ln
Ann ArborMI48104
1007 Myron Ct
Ann ArborMI48103
2205 S Huron Pkwy
Ann ArborMI48104
824 W Summerfield Gln Cir
Ann ArborMI48103
5698 Wellesley Ln
YpsilantiMI48197
1522 Oakfield Dr
Ann ArborMI48108
1007 Gott St
Ann ArborMI48103
1328 Heatherwood Ln
Ann ArborMI48108
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Ann Arbor, MI Local Guide
How much does it cost to rent a home in Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ann Arbor 2 Bedroom Homes for Rent | $2,403 | $1,195 | $9,500 |
| Ann Arbor 3 Bedroom Homes for Rent | $3,121 | $1,950 | $6,000 |
| Ann Arbor 4 Bedroom Homes for Rent | $3,630 | $2,400 | $5,995 |
| Ann Arbor 5 Bedroom Homes for Rent | $4,704 | $2,900 | $6,500 |
| Ann Arbor 6 Bedroom Homes for Rent | $6,235 | $950 | $8,100 |
| Ann Arbor 7 Bedroom Homes for Rent | $8,230 | $7,745 | $8,860 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Ann Arbor, MI Local Guide
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Cheapest Neighborhoods for Apartments in Ann Arbor, MI
Pricing Updated: 03/20/2026Current apartment rentals in the Ann Arbor, MI area range in price from $561 to $8,900 with an overall median price of $4,088. The three Ann Arbor neighborhoods with the lowest median rent pricing are Abbot at $800, Sister Lakes at $800, and Westover Hills at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ann Arbor Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Abbot | $1,849 | $800 | 58 |
| Sister Lakes | $1,849 | $800 | 56 |
| Westover Hills | $1,849 | $800 | 55 |
| Bach | $1,979 | $561 | 286 |
| Broadway | $1,979 | $561 | 456 |
| North Area | $1,979 | $561 | 434 |
| South University | $1,979 | $561 | 284 |
| West Park | $1,995 | $561 | 463 |
| Wildwood Park | $2,009 | $561 | 459 |
| Chapel Hill | $2,117 | $561 | 431 |
Cheapest Available Ann Arbor Apartments for Rent
The cheapest available apartment rental in Ann Arbor, MI is a 1 Bed unit found at 511 E Hoover St in the Central Ann Arbor neighborhood priced from $600. Aspen Chase in the Aspen Ridge Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Ann Arbor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 511 E Hoover St | #16 1 Bedroom Bi-level WINTER SEMESTER (2max) | 1BR,1BA | $600 |
| Aspen Chase | Algonac | 1BR,1BA | $899 |
| Golfside Lake | Erie | Studio,1BA | $979 |
| The Villas | The Allen | 1BR,1BA | $979 |
| Z Place Apartments | B1 Alt1 - 2x1 | 2BR,1BA | $999 |
| The Pines of Cloverlane Apartments | Caribou | 1BR,1BA | $1,004 |
| Lakestone Apartments | One Bedroom | 1BR,1BA | $1,038 |
| Hidden Valley Club | The Rivard | 1BR,1BA | $1,060 |
| Evergreen | Carpenter | 1BR,1BA | $1,099 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Ann Arbor, MI
As of March 20, 2026 the best value apartment in the Ann Arbor area is the $0.56 price per square foot City Townhome Model at City Place Ann Arbor in the in the Chapel Hill neighborhood starting from $1,270. The second greatest value Ann Arbor apartment is the House Model at 807 S Main St starting at $2,900 with a $1.32 price per square foot in the North Central Ann Arbor neighborhood. Here is today’s list of the best values for Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| 807 S Main St | House | 3BR,1BA | $1.32 |
| Cloverly Village of Ann Arbor | Grove Loft | 2BR,2.5BA | $1.22 |
| Six11 | 4BR/4BA - C | 4BR,4BA | $1.42 |
| Sparrow Wood | Fiinchwood 10C | 2BR,1.5BA | $1.54 |
| Z Place Apartments | B1 Alt2 - 2x1 | 2BR,1BA | $1.21 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1.39 |
| Lakestone Apartments | One Bedroom | 1BR,1BA | $1.31 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1.52 |
| 511 E Hoover St | #16 1 Bedroom Bi-level WINTER SEMESTER (2max) | 1BR,1BA | $0.94 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Ann Arbor, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ann Arbor, MI Rentals by Map
See the most popular apartments and homes in Ann Arbor, MI
Frequently Asked Questions about Ann Arbor
What type of rentals are currently available in Ann Arbor?
There are currently 875 Apartments for Rent in Ann Arbor, MI with pricing that ranges from $561 to $8,900. There are also 191 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ann Arbor ranging from $950 to $20,000.
What is the current price range for Rental Homes in Ann Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ann Arbor ranges from $950 to $20,000 with an average monthly rent of $5,558.
How much are larger Three and Four Bedroom Rentals in Ann Arbor?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ann Arbor range from $561 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $675.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.