close
View Me
from $8896 Bedroom Apartment Available Now
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 $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward area of Ann Arbor.
close
View Me
from $1,1501 to 2 Bedroom Apartments Available Now
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
close
View Me
Rent Specials
from $1,415Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
close
View Me
from $1,4501 Bedroom Apartment Available Aug 30
501 N 5th Ave, Unit 3
501 N 5th AveAnn Arbor, MI 48104
close
View Me
Rent Specials
from $1,499Studio Apartments Available Now
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
close
View Me
Rent Specials
from $1,599Studio to 2 Bedroom Apartments Available Now
Medical Center Court
1005 Maiden LnAnn Arbor, MI 48105
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-21, 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 | $1,696 | $1,415 | $2,300 |
| Old Fourth Ward 1 Bedroom Apartments | $2,201 | $1,150 | $2,675 |
| Old Fourth Ward 2 Bedroom Apartments | $2,895 | $1,250 | $3,650 |
| Old Fourth Ward 3 Bedroom Apartments | $2,102 | $1,399 | $3,100 |
| Old Fourth Ward 4 Bedroom Apartments | $1,235 | $999 | $1,465 |
Browse Apartments in this Neighborhood
There are currently 21 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 Courthouse Square - A 55+ Community priced from $1,150. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,415. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1,150 |
| Island Drive | Efficiency Phase 3 | Studio,1BA | $1,415 |
| 307 Thompson - Furnished Studios | 0B1B | Studio,1BA | $1,499 |
| 723 Lawrence St | unit 5 | 1BR,1BA | $1,550 |
| Medical Center Court | The Broadway | 1BR,1BA | $1,649 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of July 14, 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 $889. The second greatest value Old Fourth Ward apartment is the D2 Model at Saga Ann Arbor starting at $999 with a $0.67 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 | $0.67 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $2.54 |
| Ann Arbor City Club | Plan A | 1BR,1BA | $3.48 |
| Medical Center Court | The Geddes | 1BR,1BA | $3.04 |
| Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1.99 |
| Beekman on Broadway | A | Studio ,1BA | $4.89 |
| Island Drive | Efficiency Phase 3 | Studio ,1BA | $3.94 |
| 307 Thompson - Furnished Studios | 0B1B | Studio ,1BA | $4.80 |
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.
Let everyone know!
Do you know the Old Fourth Ward area?
If you’re an expert on all things Old Fourth Ward, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #58
Among neighborhoods in Ann Arbor, MI 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 $2,295.
What is the price of a cheap apartment in Old Fourth Ward?
The cheapest apartment in Old Fourth Ward is Courthouse Square - A 55+ Community which is listed at $1,150, while the average apartment in Old Fourth Ward costs $3,144.
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 7 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
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.