Cheap Homes for Rent in the Parkway Meadows Neighborhood of Ann Arbor, MI from $699 (16 Rentals)

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

property at 1241 Island Dr

$699

Total Monthly Price

Total Monthly Price

Base Rent
$699
Total Monthly Price
$699

1 Bedroom, 1 Bath Condo for Rent

Available Now

1241 Island Dr, Unit 2

1241 Island Dr
Ann ArborMI48105

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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property at 309 N Ingalls St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

309 N Ingalls St, Unit 1

309 N Ingalls St
Ann ArborMI48104

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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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.

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property at 2916 Barclay Way

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Oct 1

2916 Barclay Way, Unit 2916

2916 Barclay Way
Ann ArborMI48105
Showing Results 1-16, Page 1 of 1

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 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 ListingModel NameBed/BathPriced From
502 N State St1BR/1.0BA1BR,1BA$1,200
Island DriveEfficiency Phase 2Studio,1BA$1,224
GreenBrier1 Bedroom 1st Floor1BR,1BA$1,279
Traver CrossingThe Au Sable2BR,1BA$1,299
Traver CourtsChatham2BR,1BA$1,349

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hideaway ApartmentsTraver w/ Two Car Garage4BR,3.5BA$1.47
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St5BR,1BA$0.50
Traver CrossingThe Erie2BR,1BA$1.32
The Legacy at Ann ArborC2.1 - 3x33BR,3BA$1.73
1588 Jones Dr, Unit 15881588 Jones Dr2BR,1BA$1.70
Fuller Apartments2 Bedroom - Layout 3A2BR,1BA$0.95
Saga Ann ArborC13BR,2BA$1.28
Traver RidgeThe Wolfgang1BR,1BA$1.65
Unger Apartments - 5-10 Minute Walk to UofM!1 Bedroom1BR,1BA$1.56
Traver CourtsKipling1BR,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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Pet Friendly Lifestyle
Parkway Meadows, Ann Arbor, MI

Ranked #43

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

Pet Friendliness Lifestyle Score

3.0
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 Parkway Meadows

What type of rentals are currently available in Parkway Meadows?

There are currently 204 Apartments for Rent in Parkway Meadows, MI with pricing that ranges from $750 to $5,923. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Meadows ranging from $699 to $6,600.

What is the current price range for Rental Homes in Parkway Meadows?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway Meadows ranges from $699 to $6,600 with an average monthly rent of $2,736.

How much are larger Three and Four Bedroom Rentals in Parkway Meadows?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway Meadows range from $887 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,925 and Four Bedroom Apartments start at $949.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.