2116 Thaler Ave
Ann ArborMI48103
Cheap Homes for Rent in Ann Arbor, MI from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Ann Arbor.
1241 Island Dr, Unit 2
1241 Island Dr
Ann ArborMI48105
4218 Packard St
Ann ArborMI48108
111 Glendale Dr
Ann ArborMI48103
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.
2455 S Main St
Ann ArborMI48103
555 E William St
Ann ArborMI48104
2536 Eagles Cir
YpsilantiMI48197
1249 Island Dr
Ann ArborMI48105
122 Allen Dr
Ann ArborMI48103
2235 S Huron Pkwy
Ann ArborMI48104
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.
250 Briarcrest Dr, Unit 129
250 Briarcrest Dr
Ann ArborMI48104
225 Briarcrest Dr
Ann ArborMI48104
1265 S Maple Rd
Ann ArborMI48103
253 Brookridge Ct
Ann ArborMI48103
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.
111 Fieldcrest St
Ann ArborMI48103
926 W Summerfield Gln Cir
Ann ArborMI48103
519 Longshore Dr
Ann ArborMI48105
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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 | $2,300 | $1,300 | $5,500 |
| Ann Arbor 3 Bedroom Homes for Rent | $3,177 | $2,200 | $5,600 |
| Ann Arbor 4 Bedroom Homes for Rent | $3,689 | $2,700 | $6,200 |
| Ann Arbor 5 Bedroom Homes for Rent | $4,230 | $3,195 | $6,000 |
| Ann Arbor 6 Bedroom Homes for Rent | $6,487 | $3,800 | $9,393 |
Browse Top Homes for Rent in Ann Arbor
Explore Ann Arbor
Ann Arbor, MI Local Guide
- Ann Arbor Neighborhoods
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Cheapest Neighborhoods for Apartments in Ann Arbor, MI
Pricing Updated: 07/27/2025Current apartment rentals in the Ann Arbor, MI area range in price from $690 to $10,000 with an overall median price of $4,405. The three Ann Arbor neighborhoods with the lowest median rent pricing are Kerrytown at $849, Abbot at $1,038, and Sister Lakes at $1,038. 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 |
|---|---|---|---|
| Kerrytown | $1,715 | $849 | 2 |
| Abbot | $1,999 | $1,038 | 61 |
| Sister Lakes | $1,999 | $1,038 | 61 |
| Westover Hills | $1,999 | $1,038 | 61 |
| Carpenter | $2,010 | $1,049 | 92 |
| Barton Plateau Huron River Heights | $2,249 | $690 | 164 |
| West Ann Arbor | $2,400 | $1,100 | 84 |
| Wines | $2,400 | $849 | 44 |
| Northside | $2,450 | $690 | 219 |
| Dicken | $2,549 | $1,199 | 48 |
Cheapest Available Ann Arbor Apartments for Rent
The cheapest available apartment rental in Ann Arbor, MI is a 1 Bed unit found at Aspen Chase in the Aspen Ridge Village neighborhood priced from $929. Camelot Apartments in the Aspen Ridge Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here is today’s list of the most affordable Ann Arbor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aspen Chase | Algonac | 1BR,1BA | $929 |
| Camelot Apartments | 2BR/1BA - Upgrade | 2BR,1BA | $985 |
| The Villas | The Archibald | 2BR,1BA | $999 |
| 731 Packard | Single Bedroom August to May | 1BR, | $1,000 |
| Evergreen | Carpenter | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Ann Arbor, MI
As of July 27, 2025 the best value apartment in the Ann Arbor area is the $1.25 price per square foot home Model at 807 S Main St in the in the North Central Ann Arbor neighborhood starting from $2,750. The second greatest value Ann Arbor apartment is the 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth starting at $889 with a $0.43 price per square foot in the Chapel Hill 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. |
|---|---|---|---|
| 807 S Main St | home | 3BR,1BA | $1.25 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 6BR,2BA | $0.43 |
| 2116 Thaler Ave, Unit 1 | 2116 Thaler Ave | 3BR,2BA | $1.37 |
| Six11 | 5 Bedroom 5 Bathroom A | 5BR,5BA | $0.99 |
| Saga Ann Arbor | D2 | 4BR,3BA | $0.67 |
| Lakestone Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Sparrow Wood | Finchwood | 1BR,1.5BA | $1.43 |
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1.33 |
| Camelot Apartments | 2BR/1BA - Upgrade | 2BR,1BA | $1.09 |
| The Villas | The Brightmoor | 2BR,1BA | $1.35 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Ann Arbor
What type of rentals are currently available in Ann Arbor?
There are currently 777 Apartments for Rent in Ann Arbor, MI with pricing that ranges from $690 to $10,000. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ann Arbor ranging from $1,000 to $9,393.
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 $1,000 to $9,393 with an average monthly rent of $3,354.
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 $1,334 to $4,333, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,600. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $690.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.