
Cheap Homes for Rent in the North Central Ann Arbor Neighborhood of Ann Arbor, MI from $699 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the North Central Ann Arbor area of Ann Arbor.


802 E Kingsley St

126 Hill St

840 W Huron St, Unit 1

806 Hill St
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.

533 Elizabeth St

101 W Liberty St

303 E Madison St, Unit 1

555 E William St, Unit 17th floor

303 E Madison St, Unit 2
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.

1002 Fountain St

555 E William St

253 Brookridge Ct

249 Brookridge Ct

1217 Island Dr
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.
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 | $2,216 | $1,800 | $4,000 |
| North Central Ann Arbor 3 Bedroom Homes for Rent | $2,715 | $1,295 | $4,100 |
| North Central Ann Arbor 4 Bedroom Homes for Rent | $3,350 | $2,500 | $3,950 |
| North Central Ann Arbor 5 Bedroom Homes for Rent | $3,500 | $2,750 | $4,250 |
| North Central Ann Arbor 6 Bedroom Homes for Rent | $6,198 | $4,995 | $7,200 |
| North Central Ann Arbor 7 Bedroom Homes for Rent | $950 | $950 | $950 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 Z West Apartments priced from $846. Varsity Management has the second lowest priced unit, which is a 2 Beds apartment currently listed from $960. Here are the most affordable North Central Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Z West Apartments | B3 Alt1 | 2BR,2BA | $846 |
| Varsity Management | 2BR/1.0BA | 2BR,1BA | $960 |
| University Plaza | Studio | Studio,1BA | $1,050 |
| 502 N State St | 1BR/1.0BA | 1BR,1BA | $1,100 |
| 528 S 5th Ave | 1 Bedroom | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in North Central Ann Arbor, MI
As of August 27, 2026 the best value apartment in the North Central Ann Arbor area is the $0.57 price per square foot City Townhome Model at City Place Ann Arbor in the in the Chapel Hill neighborhood starting from $1,285. The second greatest value North Central Ann Arbor apartment is the House Model at 807 S Main St starting at $2,900 with a $1.32 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 | $0.57 |
| 807 S Main St | House | 3BR,1BA | $1.32 |
| 518 Monroe St | Per Bedroom - Shared House | 1BR,1BA | $0.49 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Z Place Apartments | D1 - 4x2 | 4BR,2BA | $0.99 |
| Traver Crossing | The Erie | 2BR,1BA | $1.32 |
| Six11 | 4BR/4BA - C | 4BR,4BA | $1.29 |
| Truth House - All Inclusive | Double Room - Per Bed - Furnished | 1BR,1BA | $0.87 |
| Fuller Apartments | 2 Bedroom - Layout 3A | 2BR,1BA | $0.95 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.28 |
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.
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 473 Apartments for Rent in North Central Ann Arbor, MI with pricing that ranges from $750 to $6,790. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Central Ann Arbor ranging from $699 to $7,200.
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 $699 to $7,200 with an average monthly rent of $2,568.
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 $949 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $4,100. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $949.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.