Cheap Homes for Rent in Old Fourth Ward Neighborhood of Ann Arbor, MI from $900 (10 Rentals)

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

property at 555 E William St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Condo for Rent

Available Now

555 E William St

Ann ArborMI48104
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

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

Ann ArborMI48104

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 1225 Island Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

1225 Island Dr, Unit 104

1225 Island Dr
Ann ArborMI48105
property at 555 E William St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available May 4

555 E William St, Unit 13c

555 E William St
Ann ArborMI48104
property at 555 E William St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Condo for Rent

Available Now

555 E William St

Ann ArborMI48104

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

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

Best Value Apartments for Rent in Old Fourth Ward, MI

As of March 08, 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 Old Fourth Ward

What type of rentals are currently available in Old Fourth Ward?

There are currently 205 Apartments for Rent in Old Fourth Ward, MI with pricing that ranges from $1,030 to $11,200. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Fourth Ward ranging from $950 to $9,500.

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 $950 to $9,500 with an average monthly rent of $4,700.

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 $1,523 to $3,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $5,600. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,123.

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 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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.