Cheap Apartments for Rent in the Parkway Meadows Neighborhood of Ann Arbor, MI from $700 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway Meadows area of Ann Arbor.

property at 1552 Jones Dr

$1,150 - $1,200

1 Bedroom Rentals

Available Aug 11

1552 Jones Dr

Ann ArborMI48105
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Island Drive
Rent Specials
$1,199 - $2,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,370
Total Monthly Price
$1,199 - $2,370
Studio to 3 Bedroom Apartments Available Now

Island Drive

1099 Maiden LnAnn Arbor, MI 48105
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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property at 1556 Jones Dr

$1,300 - $1,500

1 Bedroom Rentals

Available Aug 11

1556 Jones Dr

Ann ArborMI48105
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Traver Ridge
Rent Specials
$1,349 - $2,319
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,319
Total Monthly Price
$1,349 - $2,319
1 to 3 Bedroom Apartments Available Now

Traver Ridge

2395 Leslie CirAnn Arbor, MI 48105
Student Housing
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property at 805 E Huron St

$1,350 - $1,450

Studio To 1 Bedroom Rentals

Available Aug 7

805 E Huron St

Ann ArborMI48104
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The Highlands Apartments
Rent Specials
$1,555 - $2,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $2,280
Total Monthly Price
$1,555 - $2,280
1 to 2 Bedroom Apartments Available Aug 15

The Highlands Apartments

1681-1699 Broadway StAnn Arbor, MI 48105
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Traver Crossing
$1,559 - $2,129
Total Monthly Price

Total Monthly Price

Base Rent
$1,559 - $2,129
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 12

Traver Crossing

1984 Traver RdAnn Arbor, MI 48105
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Parc Pointe Apartments
$1,630 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,630 - $2,215
Total Monthly Price
$1,630 - $2,215
1 to 2 Bedroom Apartments Contact Us For Availability

Parc Pointe Apartments

1901 Pointe LnAnn Arbor, MI 48105
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  • Customer Reviewed
  • Utilities Included
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Bradford House
$1,745 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,745 - $2,065
Total Monthly Price
Varies
2 Bedroom Apartments Available Aug 28

Bradford House

1010 Catherine StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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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Owl Creek
$1,950 - $3,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $3,041
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Owl Creek

3400 Nixon RdAnn Arbor, MI 48105
Furnished
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515 Lawrence St
Studio to 2 Bedroom Apartments

515 Lawrence St

515 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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Arbor Valley
Studio to 2 Bedroom Apartments

Arbor Valley

1550-1552 Plymouth RdAnn Arbor, MI 48105
  • Utilities Included
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1028 Fuller St
1 to 2 Bedroom Apartments

1028 Fuller St

1028 Fuller StAnn Arbor, MI 48104
  • Utilities Included
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212 E Washington Apartments
Studio to 1 Bedroom Apartments

212 E Washington Apartments

212 E Washington StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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Medical Center Court
Studio to 2 Bedroom Apartments

Medical Center Court

1005 Maiden LnAnn Arbor, MI 48105
Student Housing
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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
  • Smoke Free

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.

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Brookside Apartments
Studio to 2 Bedroom Apartments

Brookside Apartments

1500 Plymouth RdAnn Arbor, MI 48105
  • Utilities Included
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Fuller Apartments
1 to 2 Bedroom Apartments

Fuller Apartments

800-802 Fuller StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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Upland Green - Phase II
Studio to 1 Bedroom Apartments

Upland Green - Phase II

1777 Plymouth RdAnn Arbor, MI 48105
  • Utilities Included
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809 E Kingsley St
1 Bedroom Apartments

809 E Kingsley St

809 E Kingsley StAnn Arbor, MI 48104
  • Utilities Included
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Broadview Apartments
1 to 2 Bedroom Apartments

Broadview Apartments

1701-1753 Broadview LnAnn Arbor, MI 48105
  • Utilities Included
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727 E Kingsley St
2 Bedroom Apartments

727 E Kingsley St

727 E Kingsley StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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209 N Ingalls St
1 to 2 Bedroom Apartments

209 N Ingalls St

209 N Ingalls StAnn Arbor, MI 48104
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Huron River Flats
1 to 2 Bedroom Apartments

Huron River Flats

2230-2240 Fuller CtAnn Arbor, MI 48105
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parkway Meadows, Ann Arbor, MI Local Guide

Cheapest Available Parkway Meadows Apartments for Rent

 

The cheapest available apartment rental in the Parkway Meadows area of Ann Arbor, MI is a 1 Bed unit found at GreenBrier priced from $1,279. Leaird Drive Studios - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Parkway Meadows apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
GreenBrier1 Bedroom 1st Floor1BR,1BA$1,279
Leaird Drive Studios - All Utilities IncludedStudioStudio,1BA$1,300
Island DriveOne Bedroom Phase 31BR,1BA$1,350
Varsity Management 418 E. Washington1BR/1.0BA1BR,1BA$1,560
Traver RidgeThe Wolfgang1BR,1BA$1,609
Kingsley Apartments1bd 1bth1BR,1BA$1,700
Villas at NorthstarLenox2BR,2BA$1,765
U of M Student Housing Portfolio2 bed2BR,1BA$1,950
Sun Terrace Apartments3 bed3BR,1BA$2,100

Best Value Apartments for Rent in Parkway Meadows, MI

As of May 31, 2026 the best value apartment in the Parkway Meadows area is the $1.68 price per square foot Traver w/ Two Car Garage Model at Hideaway Apartments in the in the Chapel Hill neighborhood starting from $3,199. The second greatest value Parkway Meadows apartment is the 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth starting at $750 with a $0.50 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Parkway Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hideaway ApartmentsTraver w/ Two Car Garage4BR,3.5BA$1.68
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St5BR,1BA$0.50
Owl CreekWillow3BR,2BA$2.24
Sun Terrace Apartments3 bed3BR,1BA$1.75
Saga Ann ArborC13BR,2BA$1.59
Traver RidgeThe Wolfgang1BR,1BA$1.89
U of M Student Housing Portfolio2 bed2BR,1BA$2.44
The Varsity(MI)2 Bedroom 2 Bathroom2BR,2BA$2.42
GreenBrier1 Bedroom 3rd Floor1BR,1BA$1.99
Island DriveOne Bedroom Phase 31BR,1BA$2.42

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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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
Parkway Meadows, Ann Arbor, MI

Ranked #33

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Parkway Meadows, Ann Arbor, MI

School data provided by Great Schools

Frequently Asked Questions about Cheap Parkway Meadows Apartments

What is a cheap apartment in Parkway Meadows?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway Meadows is under $2,100.

What is the price of a cheap apartment in Parkway Meadows?

The cheapest apartment in Parkway Meadows is GreenBrier which is listed at $1,279, while the average apartment in Parkway Meadows costs $6,870.

What types of apartments are the cheapest in Parkway Meadows?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 123 regular apartments in Parkway Meadows that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parkway Meadows?

Cheap apartments in Parkway Meadows have an average cost of $1,633 which is $5,237 cheaper than the average rent for all rentals in Parkway Meadows.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.