1241 Island Dr, Unit 2
1241 Island Dr
Ann ArborMI48105
Cheap Apartments for Rent in the Parkway Meadows Neighborhood of Ann Arbor, MI from $750 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Meadows area of Ann Arbor.
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$750
Total Monthly Price
5 Bedroom Apartment Available NowTotal Monthly Price
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$750
Total Monthly Price
$750
533 Elizabeth St, Unit 533 Elizabeth
533 Elizabeth StAnn Arbor, MI 48104
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$887 - $1,665Studio to 3 Bedroom Apartments Contact Us For Availability
Huron Towers
2200 Fuller CtAnn Arbor, MI 48105
533 Elizabeth St
Ann ArborMI48104
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$1,100
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,100
Total Monthly Price
$1,100
2018 Pontiac Trl, Unit 1
2018 Pontiac TrlAnn Arbor, MI 48105
1552 Jones Dr
Ann ArborMI48105
1544 Jones Dr
Ann ArborMI48105
1556 Jones Dr
Ann ArborMI48105
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$1,224 - $1,899
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,224 - $1,899
Total Monthly Price
$1,224 - $1,899
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
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$1,279 - $1,559
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,279 - $1,559
Total Monthly Price
$1,279 - $1,559
GreenBrier
3615 Green Brier BlvdAnn Arbor, MI 48105
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,299 - $2,129
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $2,129
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Traver Crossing
1984 Traver RdAnn Arbor, MI 48105
1556a Jones Dr
Ann ArborMI48105
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$1,349 - $2,139
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,349 - $2,139
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$1,349 - $2,139
Traver Courts
1505 Natalie LnAnn Arbor, MI 48105
805 E Huron St
Ann ArborMI48104
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$1,449 - $1,550Studio Apartments Available Now
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
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$1,495 - $2,500Studio to 2 Bedroom Apartment Available Now
522 N Division St
522 N Division StAnn Arbor, MI 48104
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$1,555 - $1,850
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,555 - $1,850
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$1,555 - $1,850
The Highlands Apartments
1681-1699 Broadway StAnn Arbor, MI 48105
109 N Thayer St
Ann ArborMI48104
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$1,630 - $2,215
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,630 - $2,215
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$1,630 - $2,215
Parc Pointe Apartments
1901 Pointe LnAnn Arbor, MI 48105
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$1,645 - $3,068
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,645 - $3,068
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Villas at Northstar
2820 Windwood DrAnn Arbor, MI 48105
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,650 - $2,065
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,650 - $2,065
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Bradford House
1010 Catherine StAnn Arbor, MI 48104
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$1,695
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,695
Total Monthly Price
$1,695
1588 Jones Dr, Unit 1588
1588 Jones DrAnn Arbor, MI 48105
1312-1314 Wright St
Ann ArborMI48105
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$1,700 - $5,0001 to 5 Bedroom Apartments Available Now
Kingsley Apartments
721-723 E Kingsley StAnn Arbor, MI 48104
2260 Fuller Ct
Ann ArborMI48105
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$1,775 - $1,8051 to 2 Bedroom Apartments Available Sep 22
Shoreview Apartments
420 Kellogg StAnn Arbor, MI 48105
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$1,800 - $2,1001 Bedroom Apartments Available Now
208 N Division St
208 N Division StAnn Arbor, MI 48104
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$1,917 - $3,256
Total Monthly Price
Studio to 3 Bedroom Apartments Available Sep 11Total Monthly Price
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$1,917 - $3,256
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Owl Creek
3400 Nixon RdAnn Arbor, MI 48105
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Rent Specials
$1,958 - $2,795Studio to 2 Bedroom Apartments Available Now
Exhibit A2 Furnished Luxury Apartments
210-216 S 4th AveAnn Arbor, MI 48104
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$1,999
Total Monthly Price
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$1,999
Total Monthly Price
$1,999
918 N Main St, Unit EAST
918 N Main StAnn Arbor, MI 48104
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
309 N Ingalls St, Unit 1
309 N Ingalls St
Ann ArborMI48104
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Rent Specials
$2,0001 Bedroom Apartments Available Now
720 Catherine St
720 Catherine StAnn Arbor, MI 48104
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Rent Specials
$2,013 - $3,713
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,013 - $3,713
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Beekman on Broadway
1100 Broadway StAnn Arbor, MI 48105
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$2,100
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
707 Moore St, Unit #2
707 Moore StAnn Arbor, MI 48105
2916 Barclay Way, Unit 2916
2916 Barclay Way
Ann ArborMI48105
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Studio to 2 Bedroom Apartments
515 Lawrence St
515 Lawrence StAnn Arbor, MI 48104
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Studio to 2 Bedroom Apartments
Arbor Valley
1550-1552 Plymouth RdAnn Arbor, MI 48105
802 E Kingsley St
Ann ArborMI48104
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1 to 2 Bedroom Apartments
1028 Fuller St
1028 Fuller StAnn Arbor, MI 48104
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1 to 2 Bedroom Apartments
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
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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1 to 2 Bedroom Apartments
502 N State St
502 N State StAnn Arbor, MI 48104
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Studio to 1 Bedroom Apartments
212 E Washington Apartments
212 E Washington StAnn Arbor, MI 48104
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1 Bedroom Apartments
519 Lawrence St
519 Lawrence StAnn Arbor, MI 48104
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Studio to 2 Bedroom Apartments
Brookside Apartments
1500 Plymouth RdAnn Arbor, MI 48105
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1 to 2 Bedroom Apartments
Fuller Apartments
800-802 Fuller StAnn Arbor, MI 48104
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2 Bedroom Apartments
727 E Kingsley St
727 E Kingsley StAnn Arbor, MI 48104
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Studio to 1 Bedroom Apartments
Upland Green - Phase II
1777 Plymouth RdAnn Arbor, MI 48105
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1 to 3 Bedroom Apartments
Traver Ridge
2395 Leslie CirAnn Arbor, MI 48105
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Studio to 2 Bedroom Apartments
Medical Center Court
1005 Maiden LnAnn Arbor, MI 48105
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1 Bedroom Apartments
809 E Kingsley St
809 E Kingsley StAnn Arbor, MI 48104
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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Parkway Meadows, Ann Arbor, MI Local Guide
How much does it cost to rent an apartment in Parkway Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Meadows Studio Apartments | $1,702 | $1,224 | $2,575 |
| Parkway Meadows 1 Bedroom Apartments | $1,685 | $1,100 | $2,813 |
| Parkway Meadows 2 Bedroom Apartments | $2,089 | $910 | $3,688 |
| Parkway Meadows 3 Bedroom Apartments | $1,787 | $887 | $3,256 |
| Parkway Meadows 4 Bedroom Apartments | $1,636 | $949 | $4,199 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Parkway Meadows Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Parkway Meadows, Ann Arbor, MI Local Guide
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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 502 N State St priced from $1,200. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,224. Here are the most affordable Parkway Meadows apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 502 N State St | 1BR/1.0BA | 1BR,1BA | $1,200 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,224 |
| GreenBrier | 1 Bedroom 1st Floor | 1BR,1BA | $1,279 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1,299 |
| Traver Courts | Chatham | 2BR,1BA | $1,349 |
| Traver Ridge | The Wolfgang | 1BR,1BA | $1,399 |
| 307 Thompson - Furnished Studios | 0B1B | Studio,1BA | $1,449 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
Best Value Apartments for Rent in Parkway Meadows, MI
As of August 29, 2026 the best value apartment in the Parkway Meadows area is the $1.47 price per square foot Traver w/ Two Car Garage Model at Hideaway Apartments in the in the Chapel Hill neighborhood starting from $2,799. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hideaway Apartments | Traver w/ Two Car Garage | 4BR,3.5BA | $1.47 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Traver Crossing | The Erie | 2BR,1BA | $1.32 |
| The Legacy at Ann Arbor | C2.1 - 3x3 | 3BR,3BA | $1.73 |
| 1588 Jones Dr, Unit 1588 | 1588 Jones Dr | 2BR,1BA | $1.70 |
| Fuller Apartments | 2 Bedroom - Layout 3A | 2BR,1BA | $0.95 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.28 |
| Traver Ridge | The Wolfgang | 1BR,1BA | $1.65 |
| Unger Apartments - 5-10 Minute Walk to UofM! | 1 Bedroom | 1BR,1BA | $1.56 |
| Traver Courts | Kipling | 1BR,1BA | $1.75 |
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 LifestyleParkway Meadows, Ann Arbor, MI
Ranked #43
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $1,530.
What is the price of a cheap apartment in Parkway Meadows?
The cheapest apartment in Parkway Meadows is 502 N State St which is listed at $1,200, while the average apartment in Parkway Meadows costs $1,642.
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 168 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 $1,355 which is $287 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.