Cheap Homes for Rent in Old Fourth Ward Neighborhood of Ann Arbor, MI from $900 (7 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

555 E William St

Ann ArborMI48104

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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 1 Bed unit found at Island Drive priced from $999. Foundry Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,220. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Island DriveOne Bedroom Phase 31BR,1BA$999
Foundry LoftsB2b-2x2 Double Occupant2BR,2BA$1,220
809 E Kingsley StSmall Unit1BR,1BA$1,400

Best Value Apartments for Rent in Old Fourth Ward, MI

As of December 07, 2025 the best value apartment in the Old Fourth Ward area is the $0.58 price per square foot 1327 Geddes Model at 1327 Geddes Ave in the in the Northeast Ann Arbor neighborhood starting from $1,582. The second greatest value Old Fourth Ward apartment is the Plan B Model at Ann Arbor City Club starting at $3,120 with a $3.76 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.
1327 Geddes Ave1327 Geddes6BR,2.5BA$0.58
Ann Arbor City ClubPlan B2BR,1BA$3.76
1335-1341 Geddes Ave13352BR,1BA$3.39
The Varsity(MI)2 Bedroom 2 Bathroom2BR,2BA$2.22
Fuller Apartments2-Bedroom Corner Apartments2BR,1BA$2.20
555 E William St, Unit 3i555 E William St1BR,1BA$3.02
Varsity Management1BR/1.0BA1BR,1BA$3.10
809 E Kingsley StSmall Unit1BR,1BA$3.50
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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Old Fourth Ward, Ann Arbor, MI

Ranked #61

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
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 204 Apartments for Rent in Old Fourth Ward, MI with pricing that ranges from $690 to $11,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Fourth Ward ranging from $950 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 $950 to $9,600 with an average monthly rent of $5,047.

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 $3,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $3,200. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $690.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.