Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $900 (26 Rentals)

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

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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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

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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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
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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
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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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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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520 N Ashley St
1 Bedroom Apartments

520 N Ashley St

520 N Ashley StAnn Arbor, MI 48103
  • Utilities Included
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Ashley Manor
1 Bedroom Apartments

Ashley Manor

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

Fuller Apartments

800-802 Fuller StAnn Arbor, MI 48104
Student Housing
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209 N Ingalls St
1 to 2 Bedroom Apartments

209 N Ingalls St

209 N Ingalls StAnn Arbor, MI 48104

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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324 S Ashley St
1 Bedroom Apartments

324 S Ashley St

324 S Ashley StAnn Arbor, MI 48104
Student Housing
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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

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 $1,395. 307 Thompson - Furnished Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,499. 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$1,395
307 Thompson - Furnished Studios0B1BStudio,1BA$1,499
Varsity Management1BR/1.0BA1BR,1BA$1,850
Beekman on BroadwayAAStudio,1BA$1,925
The Legacy at Ann ArborB2 - 2x22BR,2BA$2,085
221 N 1st St2 Bedroom Home2BR,1BA$2,205
Exhibit A2Studio w/ TerraceStudio,1BA$2,250
1335-1341 Geddes Ave13412BR,1BA$2,710
210-232 Brookridge Ct4 Bedroom4BR,2BA$3,940

Best Value Apartments for Rent in Old Fourth Ward, MI

As of March 07, 2026 the best value apartment in the Old Fourth Ward area is the $3.20 price per square foot 4 Bedroom Model at 210-232 Brookridge Ct in the in the Chapel Hill neighborhood starting from $3,940. The second greatest value Old Fourth Ward apartment is the 2 Bedroom Home Model at 221 N 1st St starting at $2,205 with a $2.21 price per square foot in the North Central 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.
210-232 Brookridge Ct4 Bedroom4BR,2BA$3.20
221 N 1st St2 Bedroom Home2BR,1BA$2.21
1335-1341 Geddes Ave13352BR,1BA$3.39
The Legacy at Ann ArborB2 - 2x22BR,2BA$2.69
The Varsity(MI)2 Bedroom 2 Bathroom2BR,2BA$2.40
Exhibit A2StudioStudio ,1BA$3.78
Varsity Management1BR/1.0BA1BR,1BA$3.70
Beekman on BroadwayAStudio ,1BA$4.49
Island DriveEfficiency Phase 3Studio ,1BA$3.94
Foundry LoftsD2-4x44BR,4BA$4.54

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 #59

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 the Cheapest Studio apartment in Old Fourth Ward?

Currently the most affordable Cheap Studio Apartment in Old Fourth Ward is at Island Drive listed at $1,395.

How much is rent for a Cheap One Bedroom Old Fourth Ward Apartment?

The lowest price for a Cheap One Bedroom Old Fourth Ward Apartment is $1,445 at Island Drive.

What is the lowest price for a Cheap Two Bedroom Old Fourth Ward Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Fourth Ward is starting from $1,595 at Island Drive.

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.