
Cheap Apartments for Rent in the King Neighborhood of Ann Arbor, MI from $500 (160 Rentals)
Search the lowest-cost Apartments available for rent right now in the King area of Ann Arbor.


533 Elizabeth St

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533 Elizabeth St, Unit 533 Elizabeth

1803 Hill St

Huron Towers

533 Elizabeth St

926 Dewey

Dean Apartments

Haven on Geddes

1544 Jones Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Abbey

Arbor Village Apartments

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Forest Plaza Apartments

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812 Mary St

1556 Jones Dr

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Island Drive

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535 Packard St, Unit 3 and 4

332 E William St

Fritz Lofts

1556a Jones Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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GreenBrier

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Traver Courts

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Traver Ridge

414 Division

805 E Huron St

420 Hill St

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Michigan Terrace

The Viscount

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Traver Crossing

The Algonquin
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Haven of Ann Arbor

307 Thompson - Furnished Studios

1000 Oakland Ave

522 N Division St

503 Church St

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832 Packard St

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The Highlands Apartments

817 Arch St

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1411 Golden Ave, Unit 3

607 Hill St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1303 Wilmot St, Unit 21

109 N Thayer St

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Parc Pointe Apartments

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Bradford House

Kingsley Apartments

Heritage House

2260 Fuller Ct

1014 Granger Ave

628 Packard St

1312 Wright St
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.
King, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in King?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| King Studio Apartments | $1,593 | $1,195 | $2,561 |
| King 1 Bedroom Apartments | $1,746 | $825 | $2,745 |
| King 2 Bedroom Apartments | $2,055 | $846 | $4,175 |
| King 3 Bedroom Apartments | $2,275 | $887 | $4,396 |
| King 4 Bedroom Apartments | $1,896 | $949 | $4,800 |
| King 5 Bedroom Apartments | $2,168 | $750 | $5,500 |
| King 6 Bedroom Apartments | $4,389 | $1,381 | $7,200 |
Browse Apartments in this Neighborhood
There are currently 160 rentals with your search options within a 3 mile radius of the King Neighborhood of Ann Arbor, MI.
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King, Ann Arbor, MI Local Guide
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Cheapest Available King Apartments for Rent
 The cheapest available apartment rental in the King area of Ann Arbor, MI is a 1 Bed unit found at 1803 Hill St priced from $825. Forest Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable King apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3BA | $825 |
| Forest Plaza Apartments | Studio | Studio,1BA | $1,195 |
| Arbor Village Apartments | The Washtenaw | 1BR,1BA | $1,195 |
| 812 Mary St | 1 Bedroom | 1BR,1BA | $1,200 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,224 |
| Haverhill on Clark | 1BD-C | 1BR,1BA | $1,310 |
| Traver Courts | Kipling | 1BR,1BA | $1,329 |
| Huron Vista | One Bedroom | 1BR,1BA | $1,335 |
Best Value Apartments for Rent in King, MI
As of July 23, 2026 the best value apartment in the King area is the $0.30 price per square foot 1803 Hill St. Model at 1803 Hill St in the in the Northeast Ann Arbor neighborhood starting from $825. The second greatest value King apartment is the House ($1200/person - 6 person total) Model at 518 Monroe St starting at $1,200 with a $0.59 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for King apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3.5BA | $0.30 |
| 518 Monroe St | House ($1200/person - 6 person total) | 6BR,3BA | $0.59 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Vic Village North | 4B - Deluxe | 4BR,4BA | $1.47 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1.45 |
| Traver Ridge | The George | 2BR,2BA | $1.50 |
| Haven on Geddes | Single Level 'Ranch' Style Apartment Home - Deluxe | 3BR,1.5BA | $1.51 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.51 |
| Z Place Apartments | B1 Alt1 - 2x1 | 2BR,1BA | $0.98 |
| Traver Courts | Kipling | 1BR,1BA | $1.66 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleKing, Ann Arbor, MI
Ranked #53
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in King, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about Cheap King Apartments
What is a cheap apartment in King?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in King is under $1,335.
What is the price of a cheap apartment in King?
The cheapest apartment in King is 1803 Hill St which is listed at $825, while the average apartment in King costs $4,561.
What types of apartments are the cheapest in King?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 137 regular apartments in King that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in King?
Cheap apartments in King have an average cost of $1,340 which is $3,221 cheaper than the average rent for all rentals in King.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.