Cheap Apartments for Rent in the North Central Ann Arbor Neighborhood of Ann Arbor, MI from $500 (57 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

$1,260 - $2,000

1 To 2 Bedroom Rentals

Available Now

317 E Ann St

Ann ArborMI48104
property at 1028 Fuller Rd

$1,335 - $1,805

1 To 2 Bedroom Rentals

Available Now

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

$1,500 - $3,200

1 To 2 Bedroom Rentals

Available Aug 14

322 S Division St

Ann ArborMI48104
close
View Me
Arbor Valley
Studio to 2 Bedroom Apartments

Arbor Valley

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

331 Packard

331 PackardAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
324 E Jefferson St
Studio to 2 Bedroom Apartments

324 E Jefferson St

324 E Jefferson StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
1028 Fuller St
1 to 2 Bedroom Apartments

1028 Fuller St

1028 Fuller StAnn Arbor, MI 48104
  • 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.

close
View Me
805 Spring St
Studio to 1 Bedroom Apartments

805 Spring St

805 Spring StAnn Arbor, MI 48103
Student Housing
  • Utilities Included
close
View Me
1223 Hill St
1 to 2 Bedroom Apartments

1223 Hill St

1223 Hill StAnn Arbor, MI 48104
close
View Me
414 Division
Studio to 2 Bedroom Apartments

414 Division

414 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
536 S 4th Ave
Studio to 2 Bedroom Apartments

536 S 4th Ave

536-538 S 4th AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
720 S State St
Studio to 4 Bedroom Apartments

720 S State St

720 S State StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
508 S Division St
Studio to 3 Bedroom Apartments

508 S Division St

508 S Division StAnn Arbor, MI 48104
  • Utilities Included
close
View Me
801 W Madison
1 to 2 Bedroom Apartments

801 W Madison

801 W MadisonAnn Arbor, MI 48103
  • Utilities Included
close
View Me
344 S Division
Studio Apartments

344 S Division

344 S Division StAnn 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.

close
View Me
543 Church St
Studio to 4 Bedroom Apartments

543 Church St

543 Church StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
515 Lawrence St
Studio to 2 Bedroom Apartments

515 Lawrence St

515 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
212 E Washington Apartments
Studio to 1 Bedroom Apartments

212 E Washington Apartments

212 E Washington StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
close
View Me
519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
  • Smoke Free
close
View Me
Brookside Apartments
Studio to 2 Bedroom Apartments

Brookside Apartments

1500 Plymouth RdAnn Arbor, MI 48105
  • Utilities Included
close
View Me
326 E Madison St
1 to 2 Bedroom Apartments

326 E Madison St

326 E Madison StAnn Arbor, MI 48104
Student Housing
close
View Me
Medical Center Court
Studio to 2 Bedroom Apartments

Medical Center Court

1005 Maiden LnAnn Arbor, MI 48105
Student Housing
close
View Me
Traver Crossing
1 to 2 Bedroom Apartments

Traver Crossing

1984 Traver RdAnn Arbor, MI 48105

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.

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 2 Beds unit found at Varsity Management priced from $1,000. 1100 Hill St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,090. Here are the most affordable North Central Ann Arbor apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Varsity Management2BR/1.0BA2BR,1BA$1,000
1100 Hill St2 Bed/1 Bath AVAILABLE NOW Short Term2BR,1BA$1,090
807 W Madison St1 Bedroom1BR,1BA$1,200
Medical Center CourtThe HuronStudio,1BA$1,299
Landmark4X2C4BR,2BA$1,315
Traver CrossingThe Boardman2BR,1BA$1,349
Island DriveEfficiency Phase 2Studio,1BA$1,395
809 E Kingsley StSmall Unit1BR,1BA$1,400

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

As of January 12, 2026 the best value apartment in the North Central 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 North Central Ann Arbor apartment is the House Model at 807 S Main St starting at $2,750 with a $1.25 price per square foot in the North Central 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.
City Place Ann ArborCity Townhome6BR,5BA$0.56
807 S Main StHouse3BR,1BA$1.25
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St6BR,2BA$0.43
510 Mack Rd510 Mack5BR,2BA$0.71
1318 Wilmot St1318 Wilmot6BR,3BA$0.65
1105 Freesia Ct, Unit 6901105 Freesia Ct4BR,2BA$0.38
507 Mack Rd507 Mack4BR,2BA$0.78
1329 S University Ave1329.5 S. University5BR,2.5BA$0.89
Varsity Management2BR/1.0BA2BR,1BA$1.30
807 W Madison St1 Bedroom1BR,1BA$1.60

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $1,400.

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

The cheapest apartment in North Central Ann Arbor is 807 W Madison St which is listed at $1,200, while the average apartment in North Central Ann Arbor costs $11,200.

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 149 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 $1,449 which is $9,751 cheaper than the average rent for all rentals in North Central Ann Arbor.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!