Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $700 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward area of Ann Arbor.

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Bradford House
$1,290 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,065

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 28

Bradford House

1010 Catherine StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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.

property at 219 Brookridge Ct

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

219 Brookridge Ct, Unit 1, Unit 1

219 Brookridge Ct
Ann ArborMI48103
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515 Lawrence St
Studio to 2 Bedroom Apartments

515 Lawrence St

515 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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1028 Fuller St
1 to 2 Bedroom Apartments

1028 Fuller St

1028 Fuller StAnn Arbor, MI 48104
  • Utilities Included
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805 Spring St
Studio to 1 Bedroom Apartments

805 Spring St

805 Spring StAnn Arbor, MI 48103
Student Housing
  • Utilities Included
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344 S Division
Studio Apartments

344 S Division

344 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included

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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212 E Washington Apartments
Studio to 1 Bedroom Apartments

212 E Washington Apartments

212 E Washington StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
  • Smoke Free
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Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
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Fuller Apartments
1 to 2 Bedroom Apartments

Fuller Apartments

800-802 Fuller StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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809 E Kingsley St
1 Bedroom Apartments

809 E Kingsley St

809 E Kingsley StAnn Arbor, MI 48104
  • Utilities Included
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908 Spring St
2 Bedroom Apartments

908 Spring St

908 Spring StAnn Arbor, MI 48103
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520 N Ashley St
1 Bedroom Apartments

520 N Ashley St

520 N Ashley StAnn Arbor, MI 48103
  • Utilities Included
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209 N Ingalls St
1 to 2 Bedroom Apartments

209 N Ingalls St

209 N Ingalls 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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324 S Ashley St
1 Bedroom Apartments

324 S Ashley St

324 S Ashley StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
property at 555 E William St

$1,600 - $2,400

Studio To 1 Bedroom Rentals

Available Now

555 E William St

Ann ArborMI48104
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220 N 1st St
Studio to 1 Bedroom Apartments

220 N 1st St

220 N 1st StAnn Arbor, MI 48104
  • Utilities Included
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350 Thompson Apartments
Studio to 2 Bedroom Apartments

350 Thompson Apartments

350 Thompson StAnn Arbor, MI 48104
  • Utilities Included
property at 1249 Island Dr

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

1249 Island Dr, Unit 104, Unit 104

1249 Island Dr
Ann ArborMI48105
property at 555 E William St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Condo for Rent

Available Now

555 E William St, Unit 14B, Unit 14B

555 E William St
Ann ArborMI48104

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Varsity Management
Studio to 1 Bedroom Apartments

Varsity Management

418 E WashingtonAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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608 High St
1 Bedroom Apartments

608 High St

608 High StAnn Arbor, MI 48104
  • Utilities Included
property at 555 E William St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

555 E William St, Unit 22E, Unit 22E

555 E William St
Ann ArborMI48104

Old Fourth Ward, Ann Arbor, MI Local Guide

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 $1,275. Fuller Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Island DriveEfficiency Phase 2Studio,1BA$1,275
Fuller Apartments1 Bedroom1BR,1BA$1,320
Medical Center CourtThe HuronStudio,1BA$1,399
The Algonquin2 Bedroom Flat2BR,1BA$1,408
Varsity Management1BR/1.0BA1BR,1BA$1,915
Exhibit A2Studio w/ BalconyStudio,1BA$1,920
The Legacy at Ann ArborB2 - 2x22BR,2BA$2,050
Beekman on BroadwayA1Studio,1BA$2,300
1335-1341 Geddes Ave13412BR,1BA$2,710

Best Value Apartments for Rent in Old Fourth Ward, MI

As of April 21, 2026 the best value apartment in the Old Fourth Ward area is the $2.43 price per square foot 293 Hiscock St Model at 293 Hiscock St in the in the North Central Ann Arbor neighborhood starting from $3,400. The second greatest value Old Fourth Ward apartment is the 2 Bedroom Flat Model at The Algonquin starting at $1,408 with a $1.72 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for Old Fourth Ward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
293 Hiscock St293 Hiscock St4BR,2BA$2.43
The Algonquin2 Bedroom Flat2BR,1BA$1.72
1335-1341 Geddes Ave13412BR,1BA$3.39
The Legacy at Ann ArborB2 - 2x22BR,2BA$2.65
The Varsity(MI)2 Bedroom 2 Bathroom2BR,2BA$2.42
Exhibit A2StudioStudio ,1BA$3.23
Medical Center CourtThe Geddes1BR,1BA$3.21
Fuller Apartments1 Bedroom1BR,1BA$2.40
Varsity Management1BR/1.0BA1BR,1BA$3.83
Island DriveEfficiency Phase 2Studio ,1BA$3.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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 Lifestyle
Old Fourth Ward, Ann Arbor, MI

Ranked #58

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $2,710.

What is the price of a cheap apartment in Old Fourth Ward?

The cheapest apartment in Old Fourth Ward is Fuller Apartments which is listed at $1,320, 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 103 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.