
Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $800 (25 Rentals)
Cheap Apartments in the Old Fourth Ward area of Ann Arbor.


533 Elizabeth St, Unit 533 Elizabeth

Courthouse Square - A 55+ Community

Ann Arbor Woods

Island Drive

215 N Division St, Unit 3

501 N 5th Ave, Unit 3

Briar Cove Apartments

522 N Division St, Unit #3
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,727 | $1,395 | $2,400 |
Old Fourth Ward 1 Bedroom Apartments | $2,162 | $1,150 | $2,699 |
Old Fourth Ward 2 Bedroom Apartments | $2,612 | $1,250 | $3,650 |
Old Fourth Ward 3 Bedroom Apartments | $2,399 | $1,320 | $4,145 |
Old Fourth Ward 4 Bedroom Apartments | $1,292 | $1,124 | $1,565 |
Old Fourth Ward 6 Bedroom Apartments | $4,698 | $895 | $6,600 |
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.
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Old Fourth Ward, Ann Arbor, MI Local Guide
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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 Studio unit found at Island Drive priced from $1,395. Briar Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. 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 | $1,395 |
Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1,465 |
Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $1,485 |
307 Thompson | 0B1B | Studio,1BA | $1,599 |
400 Maynard | Studio | Studio,1BA | $1,950 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of May 08, 2025 the best value apartment in the Old Fourth Ward area is the $0.43 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $895. The second greatest value Old Fourth Ward apartment is the D2 Model at Saga Ann Arbor starting at $1,124 with a $0.75 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 | 6BR,2BA | $0.43 |
Saga Ann Arbor | D2 | 4BR,3BA | $0.75 |
Centerra Pointe | 2 Bed- Downstairs | 2BR,2BA | $1.91 |
Ponds at Georgetown Apartments | Sandpiper | 3BR,2BA | $2.18 |
Owl Creek | Willow | 3BR,2BA | $2.05 |
Corner House Apartments | Three-Bedroom | 3BR,1BA | $3.56 |
The George | Loft - Unit G | 1BR,1.5BA | $2.71 |
Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1.95 |
Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $2.28 |
University Trails | TH1 | 1BR,1BA | $3.63 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #51
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 $2,150.
What is the price of a cheap apartment in Old Fourth Ward?
The cheapest apartment in Old Fourth Ward is Briar Cove Apartments which is listed at $1,495, while the average apartment in Old Fourth Ward costs $6,600.
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 42 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 $696 which is $5,904 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.