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$750
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5 Bedroom Apartment Available NowTotal Monthly Price
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$750
Total Monthly Price
$750
533 Elizabeth St, Unit 533 Elizabeth
533 Elizabeth StAnn Arbor, MI 48104
Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward area of Ann Arbor.
533 Elizabeth St
Ann ArborMI48104
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$9457 Bedroom Apartments Available Aug 15
533 Elizabeth St, Unit 2
533 Elizabeth StAnn Arbor, MI 48104
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Rent Specials
$1,099 - $2,370
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $2,370
Total Monthly Price
$1,099 - $2,370
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
120 N Division St
Ann ArborMI48104
924 Catherine St
Ann ArborMI48104
805 E Huron St
Ann ArborMI48104
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$1,390 - $1,490
Total Monthly Price
1 Bedroom Apartments Available Jul 20Total Monthly Price
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$1,390 - $1,490
Total Monthly Price
$1,390 - $1,490
415 Lawrence St - 10 Minute Walk to Campus
415 Lawrence StAnn Arbor, MI 48104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,408 - $3,5002 to 3 Bedroom Apartments Available Now
The Algonquin
1330 N University AveAnn Arbor, MI 48104
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$1,449 - $1,550Studio Apartments Available Jul 10
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
413 W Liberty St
Ann ArborMI48103
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$1,550 - $1,850
Total Monthly Price
1 Bedroom Apartment Available Aug 26Total Monthly Price
Base Rent
$1,550 - $1,850
Total Monthly Price
$1,550 - $1,850
501 N 5th Ave
501 N 5th AveAnn Arbor, MI 48104
109 N Thayer St
Ann ArborMI48104
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$1,650 - $2,600Studio to 2 Bedroom Apartment Available Now
522 N Division St
522 N Division StAnn Arbor, MI 48104
555 E William St, Unit 12E
555 E William St
Ann ArborMI48104
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$1,700 - $5,0001 to 5 Bedroom Apartments Available Aug 5
Kingsley Apartments
721-723 E Kingsley StAnn Arbor, MI 48104
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.
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$1,745 - $2,065
Total Monthly Price
2 Bedroom Apartments Available Aug 28Total Monthly Price
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$1,745 - $2,065
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Varies
Bradford House
1010 Catherine StAnn Arbor, MI 48104
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Rent Specials
$1,800 - $2,1001 Bedroom Apartments Available Aug 1
208 N Division St
208 N Division StAnn Arbor, MI 48104
118 E Kingsley St
Ann ArborMI48104
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Studio to 2 Bedroom Apartments
515 Lawrence St
515 Lawrence StAnn Arbor, MI 48104
544 N State St
Ann ArborMI48104
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1 to 2 Bedroom Apartments
1028 Fuller St
1028 Fuller StAnn Arbor, MI 48104
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Studio to 1 Bedroom Apartments
805 Spring St
805 Spring StAnn Arbor, MI 48103
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Studio to 2 Bedroom Apartments
316 Thompson St
316 Thompson StAnn Arbor, MI 48104
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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Studio Apartments
344 S Division
344 S Division StAnn Arbor, MI 48104
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1 to 2 Bedroom Apartments
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
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Studio to 1 Bedroom Apartments
212 E Washington Apartments
212 E Washington StAnn Arbor, MI 48104
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Studio to 2 Bedroom Apartments
Medical Center Court
1005 Maiden LnAnn Arbor, MI 48105
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1 Bedroom Apartments
519 Lawrence St
519 Lawrence StAnn Arbor, MI 48104
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1 Bedroom Apartments
Ashley Manor
512 N Ashley StAnn Arbor, MI 48103
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1 to 2 Bedroom Apartments
Fuller Apartments
800-802 Fuller StAnn Arbor, MI 48104
536 Detroit St
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.
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1 Bedroom Apartments
809 E Kingsley St
809 E Kingsley StAnn Arbor, MI 48104
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2 Bedroom Apartments
908 Spring St
908 Spring StAnn Arbor, MI 48103
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1 Bedroom Apartments
520 N Ashley St
520 N Ashley StAnn Arbor, MI 48103
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Studio to 1 Bedroom Apartments
Varsity Management 418 E. Washington
418 E WashingtonAnn Arbor, MI 48104
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2 Bedroom Apartments
727 E Kingsley St
727 E Kingsley StAnn Arbor, MI 48104
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1 to 2 Bedroom Apartments
209 N Ingalls St
209 N Ingalls StAnn Arbor, MI 48104
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1 Bedroom Apartments
324 S Ashley St
324 S Ashley StAnn Arbor, MI 48104
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Studio to 1 Bedroom Apartments
220 N 1st St
220 N 1st StAnn Arbor, MI 48104
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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2 Bedroom Apartments
424 N State St
424 N State StAnn Arbor, MI 48104
253 Brookridge Ct
Ann ArborMI48103
Showing Results 1-42, 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 | $1,699 | $1,099 | $2,526 |
| Old Fourth Ward 1 Bedroom Apartments | $2,120 | $1,275 | $2,709 |
| Old Fourth Ward 2 Bedroom Apartments | $2,620 | $1,120 | $3,800 |
| Old Fourth Ward 3 Bedroom Apartments | $2,089 | $1,464 | $3,500 |
| Old Fourth Ward 4 Bedroom Apartments | $1,575 | $1,170 | $4,000 |
| Old Fourth Ward 5 Bedroom Apartments | $2,531 | $750 | $5,000 |
| Old Fourth Ward 6 Bedroom Apartments | $7,235 | $6,870 | $7,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 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
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- 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 Studio unit found at Island Drive priced from $1,199. The Algonquin has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,408. 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 | Efficiency Phase 2 | Studio,1BA | $1,199 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1,408 |
| Varsity Management 418 E. Washington | 1BR/1.0BA | 1BR,1BA | $1,560 |
| U of M Student Housing Portfolio | 2 bed | 2BR,1BA | $1,950 |
| Beekman on Broadway | AA | Studio,1BA | $2,045 |
| Sun Terrace Apartments | 3 bed | 3BR,1BA | $2,100 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of June 05, 2026 the best value apartment in the Old Fourth Ward area is the $0.50 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $750. The second greatest value Old Fourth Ward apartment is the 3 bed Model at Sun Terrace Apartments starting at $2,100 with a $1.75 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. |
|---|---|---|---|
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Sun Terrace Apartments | 3 bed | 3BR,1BA | $1.75 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.59 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1.72 |
| 522 N Division St | 522 N Division St | 2BR,1BA | $3.21 |
| U of M Student Housing Portfolio | 2 bed | 2BR,1BA | $2.44 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.43 |
| Varsity Management 418 E. Washington | 1BR/1.0BA | 1BR,1BA | $3.12 |
| Island Drive | Efficiency Phase 2 | Studio ,1BA | $3.34 |
| Foundry Lofts | D2-4x4 | 4BR,4BA | $4.63 |
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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Real 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.
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #54
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $2,100.
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 $1,350, while the average apartment in Old Fourth Ward costs $7,235.
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 68 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 $1,882 which is $5,353 cheaper than the average rent for all rentals in Old Fourth Ward.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.