Cheap Apartments for Rent in the Plansmart Neighborhood of Ann Arbor, MI from $500 (88 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Plansmart 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

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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 Crossing
$1,349 - $2,089
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,089
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
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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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Traver Ridge
Rent Specials
$1,549 - $2,319
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $2,319
Total Monthly Price
$1,549 - $2,319
1 to 3 Bedroom Apartments Available Jul 10

Traver Ridge

2395 Leslie CirAnn Arbor, MI 48105
Student Housing
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501 N 5th Ave
$1,550 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $1,850
Total Monthly Price
$1,550 - $1,850
1 Bedroom Apartment Available Aug 26

501 N 5th Ave

501 N 5th AveAnn Arbor, MI 48104
Affordability
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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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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
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  • Utilities Included
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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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  • Utilities Included
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Villas at Northstar
Rent Specials
$1,645 - $3,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,645 - $3,116
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Villas at Northstar

2820 Windwood DrAnn Arbor, MI 48105
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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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
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  • Utilities Included
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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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property at 3234 Bolgos Cir

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Jul 15

3234 Bolgos Cir, Unit 3234 Bolgos Circle

3234 Bolgos Cir
Ann ArborMI48105
property at 219 Brookridge Ct

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

219 Brookridge Ct, Unit 1

219 Brookridge Ct
Ann ArborMI48103
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Owl Creek
$1,965 - $3,003
Total Monthly Price

Total Monthly Price

Base Rent
$1,965 - $3,003
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Owl Creek

3400 Nixon RdAnn Arbor, MI 48105
Furnished
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property at 829 Miller Ave

$2,000 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,500
Total Monthly Price
$2,000 - $2,500

2 Bedroom, 2 Bath Home for Rent

Available Now

829 Miller Ave

Ann ArborMI48103

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 606 W Summit St

$2,100

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

606 W Summit St

Ann ArborMI48103
property at 1598 Jones Dr

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150
Total Monthly Price
$2,150

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1598 Jones Dr

Ann ArborMI48105
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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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805 Spring St
Studio to 1 Bedroom Apartments

805 Spring St

805 Spring StAnn Arbor, MI 48103
Student Housing
  • Utilities Included

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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Plansmart, Ann Arbor, MI Local Guide

Cheapest Available Plansmart Apartments for Rent

 

The cheapest available apartment rental in the Plansmart area of Ann Arbor, MI is a 1 Bed unit found at Leaird Drive Studios - All Utilities Included priced from $1,190. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Plansmart apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Leaird Drive Studios - All Utilities IncludedBy Bed1BR,1BA$1,190
Island DriveEfficiency Phase 2Studio,1BA$1,199
GreenBrier1 Bedroom 3rd Floor1BR,1BA$1,324
Villas at NorthstarWaterford1BR,1BA$1,645
Oakcliff ApartmentsA21BR,1BA$1,925
U of M Student Housing Portfolio2 bed2BR,1BA$1,950
Beekman on BroadwayAAStudio,1BA$2,045
Washington Manor1BR/1.0BA1BR,1BA$2,060
Sun Terrace Apartments3 bed3BR,1BA$2,100

Best Value Apartments for Rent in Plansmart, MI

As of June 11, 2026 the best value apartment in the Plansmart 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 Plansmart 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 Plansmart 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$2.21
Sun Terrace Apartments3 bed3BR,1BA$1.75
Saga Ann ArborC13BR,2BA$1.59
U of M Student Housing Portfolio2 bed2BR,1BA$2.44
The Varsity(MI)2 Bedroom 2 Bathroom2BR,2BA$2.43
Villas at NorthstarWaterford1BR,1BA$2.38
GreenBrier1 Bedroom 3rd Floor1BR,1BA$1.99
Leaird Drive Studios - All Utilities IncludedBy Bed1BR,1BA$2.83

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
Plansmart, Ann Arbor, MI

Ranked #27

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
Plansmart, Ann Arbor, MI

School data provided by Great Schools

Frequently Asked Questions about Cheap Plansmart Apartments

What is a cheap apartment in Plansmart?

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

What is the price of a cheap apartment in Plansmart?

The cheapest apartment in Plansmart is Leaird Drive Studios - All Utilities Included which is listed at $1,190, while the average apartment in Plansmart costs $6,761.

What types of apartments are the cheapest in Plansmart?

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 107 regular apartments in Plansmart 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 Plansmart?

Cheap apartments in Plansmart have an average cost of $1,579 which is $5,182 cheaper than the average rent for all rentals in Plansmart.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

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.