1201 Island Dr, Unit 103
1201 Island Dr
Ann ArborMI48105
Cheap Homes for Rent in Old Fourth Ward Neighborhood of Ann Arbor, MI from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Fourth Ward area of Ann Arbor.
555 E William St
Ann ArborMI48104
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.
1225 Island Dr
Ann ArborMI48105
1217 Island Dr, Unit 202
1217 Island Dr
Ann ArborMI48105
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.
1135 Freesia Ct
Ann ArborMI48105
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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 | $2,112 | $1,500 | $3,000 |
| Old Fourth Ward 3 Bedroom Homes for Rent | $3,437 | $2,300 | $6,000 |
| Old Fourth Ward 4 Bedroom Homes for Rent | $4,407 | $4,090 | $4,565 |
| Old Fourth Ward 5 Bedroom Homes for Rent | $5,610 | $4,730 | $6,975 |
| Old Fourth Ward 6 Bedroom Homes for Rent | $6,521 | $5,250 | $7,225 |
| Old Fourth Ward 7 Bedroom Homes for Rent | $8,802 | $8,610 | $8,995 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Old Fourth Ward Neighborhood of Ann Arbor, MI.
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Old Fourth Ward, Ann Arbor, MI Local Guide
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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 $1,199. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Island Drive | One Bedroom Phase 3 | 1BR,1BA | $1,199 |
| 307 Thompson - Furnished Studios | 0B1B | Studio,1BA | $1,499 |
| Beekman on Broadway | AA | Studio,1BA | $1,975 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of October 14, 2025 the best value apartment in the Old Fourth Ward area is the $2.00 price per square foot Apartment Model at 301 N State St in the in the Chapel Hill neighborhood starting from $3,000. 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. |
|---|---|---|---|
| 301 N State St | Apartment | 3BR,1BA | $2.00 |
| 533 Elizabeth St, Unit 2 | 533 Elizabeth St | 6BR,1BA | $0.71 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $1.81 |
| Ann Arbor City Club | Plan B | 2BR,1BA | $3.76 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.22 |
| Beekman on Broadway | A | Studio ,1BA | $5.00 |
| Saga Ann Arbor | A1 | 1BR,1BA | $5.54 |
| Island Drive | Efficiency Phase 3 | Studio ,1BA | $3.94 |
| 307 Thompson - Furnished Studios | 0B1B | Studio ,1BA | $4.80 |
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #61
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Old Fourth Ward
What type of rentals are currently available in Old Fourth Ward?
There are currently 200 Apartments for Rent in Old Fourth Ward, MI with pricing that ranges from $849 to $11,200. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Fourth Ward ranging from $1,500 to $8,995.
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 $1,500 to $8,995 with an average monthly rent of $4,873.
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 $1,399 to $4,010, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $6,000. Four Bedroom Single-Family rentals are also available starting from $4,090 and Four Bedroom Apartments start at $999.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.