
Cheap Homes for Rent in Old Fourth Ward Neighborhood of Ann Arbor, MI from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Fourth Ward area of Ann Arbor.


544 N State St
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.

506 N State St

555 E William St
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.
Old Fourth Ward, Ann Arbor, MI Local Guide

How much does it cost to rent a home in Old Fourth Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Fourth Ward 2 Bedroom Homes for Rent | $3,633 | $1,800 | $9,500 |
| Old Fourth Ward 3 Bedroom Homes for Rent | $3,400 | $3,200 | $3,600 |
| Old Fourth Ward 4 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
| Old Fourth Ward 5 Bedroom Homes for Rent | $6,975 | $6,975 | $6,975 |
| Old Fourth Ward 6 Bedroom Homes for Rent | $5,398 | $950 | $7,500 |
| Old Fourth Ward 7 Bedroom Homes for Rent | $6,339 | $899 | $8,745 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Old Fourth Ward Neighborhood of Ann Arbor, MI.
Explore Ann Arbor
Best Value Apartments for Rent in Old Fourth Ward, MI
As of January 21, 2026 the best value apartment in the Old Fourth Ward area is the $0.38 price per square foot 1105 Freesia Ct Model at 1105 Freesia Ct, Unit 690 in the in the Northeast Ann Arbor neighborhood starting from $690. The second greatest value Old Fourth Ward apartment is the 533 Elizabeth St Model at 533 Elizabeth St, Unit 2 starting at $849 with a $0.71 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. |
|---|---|---|---|
| 1105 Freesia Ct, Unit 690 | 1105 Freesia Ct | 4BR,2BA | $0.38 |
| 533 Elizabeth St, Unit 2 | 533 Elizabeth St | 6BR,1BA | $0.71 |
| Ann Arbor City Club | Plan C3 | 2BR,2BA | $3.38 |
| 1335-1341 Geddes Ave | 1335 | 2BR,1BA | $3.39 |
| The Legacy at Ann Arbor | B2 - 2x2 | 2BR,2BA | $2.65 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.34 |
| Medical Center Court | The Huron | Studio ,1BA | $2.78 |
| 809 E Kingsley St | Small Unit | 1BR,1BA | $3.50 |
| Island Drive | Efficiency Phase 3 | Studio ,1BA | $3.94 |
| Foundry Lofts | D2-4x4 | 4BR,4BA | $4.54 |
Frequently Asked Questions about Old Fourth Ward
What type of rentals are currently available in Old Fourth Ward?
There are currently 209 Apartments for Rent in Old Fourth Ward, MI with pricing that ranges from $690 to $11,200. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Fourth Ward ranging from $899 to $9,600.
What is the current price range for Rental Homes in Old Fourth Ward?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Fourth Ward ranges from $899 to $9,600 with an average monthly rent of $4,645.
How much are larger Three and Four Bedroom Rentals in Old Fourth Ward?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Fourth Ward range from $1,255 to $3,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $690.
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

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!