
Cheap Homes for Rent in North Central Ann Arbor Neighborhood of Ann Arbor, MI from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the North Central Ann Arbor area of Ann Arbor.


506 N State St

555 E William St

555 E William 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.

1257 Island Dr

1253 Island Dr

415 N 7th St

421 S 7th St
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.
North Central Ann Arbor, Ann Arbor, MI Local Guide

How much does it cost to rent a home in North Central Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Central Ann Arbor 2 Bedroom Homes for Rent | $3,354 | $1,800 | $9,500 |
| North Central Ann Arbor 3 Bedroom Homes for Rent | $3,338 | $2,650 | $4,100 |
| North Central Ann Arbor 4 Bedroom Homes for Rent | $3,843 | $2,400 | $5,786 |
| North Central Ann Arbor 5 Bedroom Homes for Rent | $5,902 | $3,500 | $6,975 |
| North Central Ann Arbor 6 Bedroom Homes for Rent | $6,399 | $950 | $8,130 |
| North Central Ann Arbor 7 Bedroom Homes for Rent | $8,421 | $6,999 | $8,898 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the North Central Ann Arbor Neighborhood of Ann Arbor, MI.
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North Central Ann Arbor, Ann Arbor, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Varsity Management | 2BR/1.0BA | 2BR,1BA | $1,000 |
| 1100 Hill St | 2 Bed/1 Bath AVAILABLE NOW Short Term | 2BR,1BA | $1,090 |
| 807 W Madison St | 1 Bedroom | 1BR,1BA | $1,200 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| 807 S Main St | House | 3BR,1BA | $1.25 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 6BR,2BA | $0.43 |
| 510 Mack Rd | 510 Mack | 5BR,2BA | $0.71 |
| 1318 Wilmot St | 1318 Wilmot | 6BR,3BA | $0.65 |
| 1105 Freesia Ct, Unit 690 | 1105 Freesia Ct | 4BR,2BA | $0.38 |
| 507 Mack Rd | 507 Mack | 4BR,2BA | $0.78 |
| 1329 S University Ave | 1329.5 S. University | 5BR,2.5BA | $0.89 |
| Varsity Management | 2BR/1.0BA | 2BR,1BA | $1.30 |
| 807 W Madison St | 1 Bedroom | 1BR,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 ArticleThe 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 ArticleCash 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 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.
Best Local Schools in North Central Ann Arbor, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about North Central Ann Arbor
What type of rentals are currently available in North Central Ann Arbor?
There are currently 468 Apartments for Rent in North Central Ann Arbor, MI with pricing that ranges from $690 to $11,200. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Central Ann Arbor ranging from $950 to $9,675.
What is the current price range for Rental Homes in North Central Ann Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Central Ann Arbor ranges from $950 to $9,675 with an average monthly rent of $5,048.
How much are larger Three and Four Bedroom Rentals in North Central Ann Arbor?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Central Ann Arbor range from $1,255 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $4,100. Four Bedroom Single-Family rentals are also available starting from $2,400 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!