533 Elizabeth St
Ann ArborMI48104
Cheap Homes for Rent in Old Fourth Ward Neighborhood of Ann Arbor, MI from $700 (6 Rentals)
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$9457 Bedroom Apartments Available Aug 15
533 Elizabeth St, Unit 2
533 Elizabeth StAnn Arbor, MI 48104
544 N State St
Ann ArborMI48104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
536 Detroit St
Ann ArborMI48104
555 E William St, Unit 12E
555 E William St
Ann ArborMI48104
253 Brookridge Ct
Ann ArborMI48103
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.
Showing Results 1-6, Page 1 of 1
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 | $2,383 | $1,800 | $4,000 |
| Old Fourth Ward 3 Bedroom Homes for Rent | $3,400 | $2,700 | $4,100 |
| Old Fourth Ward 4 Bedroom Homes for Rent | $3,400 | $3,200 | $3,800 |
| Old Fourth Ward 5 Bedroom Homes for Rent | $5,200 | $5,200 | $5,200 |
| Old Fourth Ward 6 Bedroom Homes for Rent | $4,181 | $950 | $6,600 |
| Old Fourth Ward 7 Bedroom Homes for Rent | $3,925 | $750 | $7,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Studio unit found at Island Drive priced from $1,199. The Algonquin has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,408. 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 | Efficiency Phase 2 | Studio,1BA | $1,199 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1,408 |
| Varsity Management 418 E. Washington | 1BR/1.0BA | 1BR,1BA | $1,560 |
Best Value Apartments for Rent in Old Fourth Ward, MI
As of June 06, 2026 the best value apartment in the Old Fourth Ward area is the $0.50 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $750. The second greatest value Old Fourth Ward apartment is the 3 bed Model at Sun Terrace Apartments starting at $2,100 with a $1.75 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. |
|---|---|---|---|
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Sun Terrace Apartments | 3 bed | 3BR,1BA | $1.75 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.59 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1.72 |
| 522 N Division St | 522 N Division St | 2BR,1BA | $3.21 |
| U of M Student Housing Portfolio | 2 bed | 2BR,1BA | $2.44 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.43 |
| Varsity Management 418 E. Washington | 1BR/1.0BA | 1BR,1BA | $3.12 |
| Island Drive | Efficiency Phase 2 | Studio ,1BA | $3.34 |
| Foundry Lofts | D2-4x4 | 4BR,4BA | $4.63 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleOld Fourth Ward, Ann Arbor, MI
Ranked #54
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Old Fourth Ward
What type of rentals are currently available in Old Fourth Ward?
There are currently 202 Apartments for Rent in Old Fourth Ward, MI with pricing that ranges from $750 to $7,600. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Fourth Ward ranging from $750 to $7,100.
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 $750 to $7,100 with an average monthly rent of $3,302.
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 $1,464 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $4,100. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,180.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.