Cheap Homes for Rent in Ann Arbor, MI from $900 (42 Rentals)

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Search the lowest-cost Homes available for rent right now in Ann Arbor.

property at 1858 Upland Dr

$1,300

4 Bedroom, 3 Bath Home for Rent

Available Now

1858 Upland Dr

Ann ArborMI48105

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.

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property at 555 E William St

$1,500 - $2,500

Studio To 1 Bedroom Rentals

Available Now

555 E William 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.

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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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property at 1400 Morton Ave

$1,900

2 Bedroom, 2 Bath Condo for Rent

Available Now

1400 Morton Ave

Ann ArborMI48104

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.

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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.

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Showing Results 1-42, Page 1 of 1

Ann Arbor, MI Local Guide

Cheapest Neighborhoods for Apartments in Ann Arbor, MI

Pricing Updated: 12/30/2025

Current apartment rentals in the Ann Arbor, MI area range in price from $690 to $17,000 with an overall median price of $11,320. The three Ann Arbor neighborhoods with the lowest median rent pricing are Abbot at $800, Westover Hills at $800, and Sister Lakes at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ann Arbor Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Abbot$1,803$80053
Westover Hills$1,803$80053
Sister Lakes$1,817$80054
Glazier Way$2,397$850294
Dicken$2,549$1,29935
Bryant$2,598$1,065158
Bryant Pattengill West$2,598$1,065141
Haisley$3,225$800256
Carpenter$3,300$1,06585
Old West Side$3,614$1,12528

Cheapest Available Ann Arbor Apartments for Rent

 

The cheapest available apartment rental in Ann Arbor, MI is a 1 Bed unit found at 731 Packard in the Central Ann Arbor neighborhood priced from $850. 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 ListingModel NameBed/BathPriced From
731 PackardSingle Bedroom October to December1BR,$850
Aspen ChaseAlgonac1BR,1BA$899
EvergreenAbbot1BR,1BA$949
The Pines of Cloverlane ApartmentsEspresso1BR,1BA$968
Manchester FlatsThe Adam2BR,1BA$999
Island DriveOne Bedroom Phase 31BR,1BA$999
The VillasThe Duckworth1BR,1BA$999
Spice Tree1x1 - 1 bdrm med w/ patio1BR,1BA$1,055
1100 Hill St2 Bed/1 Bath AVAILABLE NOW!2BR,1BA$1,090
Lynden ParkeStudioStudio,1BA$1,100

Best Value Apartments for Rent in Ann Arbor, MI

As of December 30, 2025 the best value apartment in the Ann Arbor area is the $1.00 price per square foot 3 Bedroom House Model at 1307 Belmar Pl in the in the New West Side neighborhood starting from $2,700. The second greatest value Ann Arbor apartment is the City Townhome Model at City Place Ann Arbor starting at $1,270 with a $0.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1307 Belmar Pl3 Bedroom House3BR,1BA$1.00
City Place Ann ArborCity Townhome6BR,5BA$0.56
807 S Main StHouse3BR,1BA$1.25
The Barrister6BR/2.0BA6BR,2BA$0.92
Cloverly Village of Ann ArborGrove Loft2BR,2.5BA$1.22
The Varsity(MI)4 Bedroom 2 Bathroom4BR,2BA$1.32
Traver CrossingThe Au Sable2BR,1BA$1.30
The VillasThe Donahue2BR,2BA$1.36
Hidden Valley ClubThe Packard2BR,1BA$1.45
Mulberry Row Apartments2 Bedroom2BR,1BA$1.39

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.

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The 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.

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Cash 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.

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Quick 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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Pet Friendly Lifestyle
Ann Arbor, MI

Ranked #7

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Ann Arbor, MI

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Ann Arbor, MI Apartments Map
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Ann Arbor, MI Rental Homes Map

Frequently Asked Questions about Ann Arbor

What type of rentals are currently available in Ann Arbor?

There are currently 883 Apartments for Rent in Ann Arbor, MI with pricing that ranges from $690 to $17,000. There are also 218 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ann Arbor ranging from $950 to $10,700.

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 $10,700 with an average monthly rent of $4,933.

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 $1,255 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,995. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $690.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!