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Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward area of Ann Arbor.
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Rent Specials
$1,199 - $2,345Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
317 E Ann St
Ann ArborMI48104
601 E William St
Ann ArborMI48104
1340 N University Ct
Ann ArborMI48104
407 N Ashley St
Ann ArborMI48103
1028 Fuller Rd
Ann ArborMI48104
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$1,499 - $1,599Studio Apartments Available Now
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
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Showing Results 1-25, Page 1 of 1
Old Fourth Ward, Ann Arbor, MI Local Guide
How much does it cost to rent an apartment in Old Fourth Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Fourth Ward Studio Apartments | $1,702 | $1,335 | $2,525 |
| Old Fourth Ward 1 Bedroom Apartments | $2,161 | $1,199 | $2,675 |
| Old Fourth Ward 2 Bedroom Apartments | $2,973 | $1,475 | $3,795 |
| Old Fourth Ward 3 Bedroom Apartments | $2,029 | $1,399 | $4,010 |
| Old Fourth Ward 4 Bedroom Apartments | $1,615 | $999 | $5,450 |
| Old Fourth Ward 5 Bedroom Apartments | $5,537 | $5,325 | $5,750 |
| Old Fourth Ward 6 Bedroom Apartments | $6,255 | $849 | $8,690 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Old Fourth Ward Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Old Fourth Ward, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Fourth Ward Apartments for Rent
The cheapest available apartment rental in the Old Fourth Ward area of Ann Arbor, MI is a 1 Bed unit found at Island Drive priced from $1,199. 307 Thompson - Furnished Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,499. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Island Drive | One Bedroom Phase 3 | 1BR,1BA | $1,199 |
| 307 Thompson - Furnished Studios | 0B1B | Studio,1BA | $1,499 |
| Beekman on Broadway | AA | Studio,1BA | $1,975 |
| Ann Arbor City Club | Plan A | 1BR,1BA | $1,975 |
| Corner House Apartments | Two-Bedroom | 3BR,1BA | $1,995 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of October 14, 2025 the best value apartment in the Old Fourth Ward area is the $2.00 price per square foot Apartment Model at 301 N State St in the in the Chapel Hill neighborhood starting from $3,000. The second greatest value Old Fourth Ward apartment is the 533 Elizabeth St Model at 533 Elizabeth St, Unit 2 starting at $849 with a $0.71 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Old Fourth Ward apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 301 N State St | Apartment | 3BR,1BA | $2.00 |
| 533 Elizabeth St, Unit 2 | 533 Elizabeth St | 6BR,1BA | $0.71 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $1.81 |
| Ann Arbor City Club | Plan B | 2BR,1BA | $3.76 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.22 |
| Beekman on Broadway | A | Studio ,1BA | $5.00 |
| Saga Ann Arbor | A1 | 1BR,1BA | $5.54 |
| Island Drive | Efficiency Phase 3 | Studio ,1BA | $3.94 |
| 307 Thompson - Furnished Studios | 0B1B | Studio ,1BA | $4.80 |
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #61
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Old Fourth Ward Neighborhood in Ann Arbor, MI
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
74 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Fourth Ward Apartments
What is a cheap apartment in Old Fourth Ward?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Fourth Ward is under $1,995.
What is the price of a cheap apartment in Old Fourth Ward?
The cheapest apartment in Old Fourth Ward is Island Drive which is listed at $1,199, while the average apartment in Old Fourth Ward costs $11,200.
What types of apartments are the cheapest in Old Fourth Ward?
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 20 regular apartments in Old Fourth Ward 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 Old Fourth Ward?
Cheap apartments in Old Fourth Ward have an average cost of $546 which is $10,654 cheaper than the average rent for all rentals in Old Fourth Ward.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.