Cheap Apartments for Rent in the North Central Ann Arbor Neighborhood of Ann Arbor, MI from $500 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Central Ann Arbor area of Ann Arbor.

property at 540 Walnut St

540 Walnut St

Ann ArborMI48104
property at 408 E Jefferson St

408 E Jefferson St

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.

property at 317 E Ann St

317 E Ann St

Ann ArborMI48104
property at 1028 Fuller Rd

1028 Fuller Rd

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.

property at 322 S Division St

322 S Division St

Ann ArborMI48104
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Arbor Valley
Studio to 2 Bedroom Apartments

Arbor Valley

1550-1552 Plymouth RdAnn Arbor, MI 48105
  • Utilities Included
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331 Packard
Studio to 3 Bedroom Apartments

331 Packard

331 PackardAnn Arbor, MI 48104
Student Housing
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324 E Jefferson St
Studio to 2 Bedroom Apartments

324 E Jefferson St

324 E Jefferson StAnn Arbor, MI 48104
Student Housing
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1028 Fuller St
1 to 2 Bedroom Apartments

1028 Fuller St

1028 Fuller StAnn Arbor, MI 48104
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805 Spring St
Studio to 1 Bedroom Apartments

805 Spring St

805 Spring StAnn Arbor, MI 48103
Student Housing
  • Utilities Included

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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414 Division
Studio to 2 Bedroom Apartments

414 Division

414 S Division StAnn Arbor, MI 48104
Student Housing
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536 S 4th Ave
Studio to 2 Bedroom Apartments

536 S 4th Ave

536-538 S 4th AveAnn Arbor, MI 48104
Student Housing
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720 S State St
Studio to 4 Bedroom Apartments

720 S State St

720 S State StAnn Arbor, MI 48104
Student Housing
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508 S Division St
Studio to 3 Bedroom Apartments

508 S Division St

508 S Division StAnn Arbor, MI 48104
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801 W Madison
1 to 2 Bedroom Apartments

801 W Madison

801 W MadisonAnn Arbor, MI 48103
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Atrio Apartment Homes
1 to 2 Bedroom Apartments

Atrio Apartment Homes

1000 W Huron StAnn Arbor, MI 48103
Student Housing
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543 Church St
Studio to 4 Bedroom Apartments

543 Church St

543 Church StAnn Arbor, MI 48104
Student Housing
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344 S Division St
Studio Apartments

344 S Division St

344 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included

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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515 Lawrence St
Studio to 2 Bedroom Apartments

515 Lawrence St

515 Lawrence StAnn Arbor, MI 48104
Student Housing
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The Willows
Studio to 1 Bedroom Apartments

The Willows

514 S Forest AveAnn Arbor, MI 48104
Student Housing
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212 E Washington Apartments
Studio to 1 Bedroom Apartments

212 E Washington Apartments

212 E Washington StAnn Arbor, MI 48104
Student Housing
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Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
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Traver Crossing
1 to 2 Bedroom Apartments

Traver Crossing

1984 Traver RdAnn Arbor, MI 48105
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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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326 E Madison St
1 to 2 Bedroom Apartments

326 E Madison St

326 E Madison StAnn Arbor, MI 48104
Student Housing
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Brookside Apartments
Studio to 2 Bedroom Apartments

Brookside Apartments

1500 Plymouth RdAnn Arbor, MI 48105
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527 S 4th Ave
1 to 2 Bedroom Apartments

527 S 4th Ave

527 S 4th AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included

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.

North Central Ann Arbor, Ann Arbor, MI Local Guide

Cheapest Available North Central Ann Arbor Apartments for Rent

 

The cheapest available apartment rental in the North Central Ann Arbor area of Ann Arbor, MI is a 1 Bed unit found at Island Drive priced from $999. 809 E Kingsley St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable North Central Ann Arbor apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Island DriveOne Bedroom Phase 31BR,1BA$999
809 E Kingsley StStandard 1 Bedroom1BR,1BA$1,280
1100 Hill St2 Bed/1 Bath AVAILABLE NOW!2BR,1BA$1,290
Landmark4X2C4BR,2BA$1,315
Forest Plaza Apartments1 bedroom1BR,1BA$1,410
307 Thompson - Furnished Studios0B1BStudio,1BA$1,499
323 Packard St1 Bedroom1BR,1BA$1,500
Six111 Bedroom - Shared Space in 4 BedStudio,1BA$1,549
VERVE Ann Arbor5BR - 045BR,5BA$1,549
Traver CrossingThe Au Sable2BR,1BA$1,549

Best Value Apartments for Rent in North Central Ann Arbor, MI

As of November 26, 2025 the best value apartment in the North Central 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 North Central 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 North Central Ann Arbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1327 Geddes Ave1327 Geddes6BR,2.5BA$0.58
1315 Washtenaw Ave1315 Washtenaw5BR,2BA$0.58
City Place Ann ArborCity Townhome6BR,5BA$0.56
510 Mack Rd510 Mack5BR,2BA$0.73
1318 Wilmot St1318 Wilmot6BR,3BA$0.67
507 Mack Rd507 Mack4BR,2BA$0.78
1344 Wilmot Ct1344 Wilmot4BR,2BA$0.87
The Barrister6BR/2.0BA6BR,2BA$0.92
1329 S University Ave1329.5 S. University5BR,2.5BA$0.90
1348 Wilmot Ct1348 Wilmot6BR,2BA$0.94

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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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
North Central Ann Arbor, Ann Arbor, MI

Ranked #49

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap North Central Ann Arbor Apartments

What is a cheap apartment in North Central Ann Arbor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Central Ann Arbor is under $1,549.

What is the price of a cheap apartment in North Central Ann Arbor?

The cheapest apartment in North Central Ann Arbor is Island Drive which is listed at $999, while the average apartment in North Central Ann Arbor costs $11,600.

What types of apartments are the cheapest in North Central Ann Arbor?

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 121 regular apartments in North Central Ann Arbor 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 North Central Ann Arbor?

Cheap apartments in North Central Ann Arbor have an average cost of $1,281 which is $10,319 cheaper than the average rent for all rentals in North Central Ann Arbor.

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.

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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! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.