1241 Island Dr, Unit 2
1241 Island Dr
Ann ArborMI48105
Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $750 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward area of Ann Arbor.
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$750
Total Monthly Price
Base Rent$750
Total Monthly Price$750
533 Elizabeth St, Unit 533 Elizabeth
533 Elizabeth StAnn Arbor, MI 48104
533 Elizabeth St
Ann ArborMI48104
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$1,180 - $1,245Studio Apartments Available Aug 13, 2027
344 S Division
344 S Division StAnn Arbor, MI 48104
407 N Ashley St
Ann ArborMI48103
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Rent Specials
$1,224 - $1,899
Total Monthly Price
Base Rent$1,224 - $1,899
Total Monthly Price$1,224 - $1,899
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
805 E Huron St
Ann ArborMI48104
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$1,400 - $2,500
Total Monthly Price
Base Rent$1,400 - $2,500
Total Monthly Price$1,400 - $2,500
621 E William St
621 E William StAnn Arbor, MI 48104
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$1,449 - $1,550Studio Apartments Available Now
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
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.
555 E William St, Unit 17th floor
555 E William St
Ann ArborMI48104
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Rent Specials
$1,595 - $1,795
Total Monthly Price
Base Rent$1,595 - $1,795
Total Monthly Price$1,595 - $1,795
1335-1341 Geddes Ave
1335-1341 Geddes AveAnn Arbor, MI 48104
109 N Thayer St
Ann ArborMI48104
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$1,650 - $2,065
Total Monthly Price
Base Rent$1,650 - $2,065
Total Monthly PriceVaries
Bradford House
1010 Catherine StAnn Arbor, MI 48104
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$1,700 - $5,0001 to 5 Bedroom Apartments Available Now
Kingsley Apartments
721-723 E Kingsley StAnn Arbor, MI 48104
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$1,800 - $2,1001 Bedroom Apartments Available Now
208 N Division St
208 N Division StAnn Arbor, MI 48104
802 E Kingsley 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
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.
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Studio to 2 Bedroom Apartments
316 Thompson St
316 Thompson 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 2 Bedroom Apartments
515 Lawrence St
515 Lawrence StAnn Arbor, MI 48104
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Studio to 2 Bedroom Apartments
311 S Division St
311 S Division StAnn Arbor, MI 48104
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1 Bedroom Apartments
Ashley Manor
512 N Ashley StAnn Arbor, MI 48103
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Studio to 1 Bedroom Apartments
212 E Washington Apartments
212 E Washington StAnn Arbor, MI 48104
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1 Bedroom Apartments
519 Lawrence St
519 Lawrence StAnn Arbor, MI 48104
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1 to 2 Bedroom Apartments
Fuller Apartments
800-802 Fuller StAnn Arbor, MI 48104
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2 Bedroom Apartments
727 E Kingsley St
727 E Kingsley StAnn Arbor, MI 48104
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.
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1 Bedroom Apartments
520 N Ashley St
520 N Ashley StAnn Arbor, MI 48103
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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
809 E Kingsley St
809 E Kingsley StAnn Arbor, MI 48104
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2 to 3 Bedroom Apartments
The Algonquin
1330 N University AveAnn Arbor, MI 48104
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2 Bedroom Apartments
908 Spring St
908 Spring StAnn Arbor, MI 48103
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1 to 2 Bedroom Apartments
415 Lawrence St - 10 Minute Walk to Campus
415 Lawrence StAnn Arbor, MI 48104
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1 to 2 Bedroom Apartments
502 N State St
502 N State 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
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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Studio to 1 Bedroom Apartments
220 N 1st St
220 N 1st StAnn Arbor, MI 48104
555 E William St
Ann ArborMI48104
1249 Island Dr
Ann ArborMI48105
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2 Bedroom Apartments
424 N State St
424 N State StAnn Arbor, MI 48104
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1 Bedroom Apartments
603 E Ann St
603 E Ann StAnn Arbor, MI 48104
1217 Island Dr
Ann ArborMI48105
245 Brookridge Ct
Ann ArborMI48103
249 Brookridge Ct
Ann ArborMI48103
253 Brookridge Ct
Ann ArborMI48103
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.
Showing Results 1-45, 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 | $1,358 | $1,180 | $2,575 |
| Old Fourth Ward 1 Bedroom Apartments | $2,062 | $1,350 | $2,813 |
| Old Fourth Ward 2 Bedroom Apartments | $2,570 | $949 | $3,960 |
| Old Fourth Ward 3 Bedroom Apartments | $1,560 | $949 | $2,495 |
| Old Fourth Ward 4 Bedroom Apartments | $1,646 | $949 | $4,300 |
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 45 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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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 2 Beds unit found at 311 S Division St priced from $1,195. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,224. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 311 S Division St | 2 Beds, 1 Baths | 2BR,1BA | $1,195 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,224 |
| 307 Thompson - Furnished Studios | 0B1B | Studio,1BA | $1,449 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
| 502 N State St | 2BR/1.0BA | 2BR,1BA | $1,550 |
| 1335-1341 Geddes Ave | 1341 | 2BR,1BA | $1,595 |
| Bradford House | Two Bedroom | 2BR,1BA | $1,650 |
| Kingsley Apartments | 1bd 1bth | 1BR,1BA | $1,700 |
| 208 N Division St | 1 Bedroom | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of September 04, 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 C2.1 - 3x3 Model at The Legacy at Ann Arbor starting at $1,822 with a $1.73 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 |
| The Legacy at Ann Arbor | C2.1 - 3x3 | 3BR,3BA | $1.73 |
| 621 E William St | 621 E William St | 2BR,2BA | $2.40 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.28 |
| Bradford House | Two Bedroom | 2BR,1BA | $1.94 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1.83 |
| Unger Apartments - 5-10 Minute Walk to UofM! | 1 Bedroom | 1BR,1BA | $1.56 |
| 1335-1341 Geddes Ave | 1335 | 2BR,1BA | $2.24 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.43 |
| Exhibit A2 Furnished Luxury Apartments | 1 Bedroom - Penthouse | 1BR,1BA | $3.19 |
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
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.
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.
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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.
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #56
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,800.
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 $2,007.
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 104 regular apartments in Old Fourth Ward that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.