
Cheap Apartments for Rent in the Plansmart Neighborhood of Ann Arbor, MI from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Plansmart area of Ann Arbor.


533 Elizabeth St, Unit 2

1550 Jones Dr

1548 Jones Dr

GreenBrier

Atrio Apartment Homes
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.

317 E Ann St

1028 Fuller Rd

Island Drive

Huron Towers

809 E Kingsley St

Lurie Terrace Senior Apartments
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.

Arbor Valley

1028 Fuller St

805 Spring St

Courthouse Square - A 55+ Community

515 Lawrence St

Medical Center Court
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.

Sun Terrace Apartments

Ashley Manor

212 E Washington Apartments

519 Lawrence St

Brookside Apartments

Traver Crossing
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Upland Green - Phase II

727 E Kingsley St

Traver Ridge
Plansmart, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Plansmart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Plansmart Studio Apartments | $1,781 | $1,229 | $2,495 |
| Plansmart 1 Bedroom Apartments | $2,047 | $1,150 | $3,250 |
| Plansmart 2 Bedroom Apartments | $2,328 | $1,149 | $3,800 |
| Plansmart 3 Bedroom Apartments | $2,107 | $1,255 | $3,999 |
| Plansmart 4 Bedroom Apartments | $1,580 | $690 | $4,299 |
| Plansmart 5 Bedroom Apartments | $1,748 | $895 | $5,750 |
| Plansmart 6 Bedroom Apartments | $6,207 | $849 | $8,690 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Plansmart Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Plansmart, Ann Arbor, MI Local Guide
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Cheapest Available Plansmart Apartments for Rent
 The cheapest available apartment rental in the Plansmart area of Ann Arbor, MI is a Studio unit found at Medical Center Court priced from $1,199. GreenBrier has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,279. Here are the most affordable Plansmart apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Medical Center Court | The Huron | Studio,1BA | $1,199 |
| GreenBrier | 1 Bedroom 1st Floor | 1BR,1BA | $1,279 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,395 |
| Traver Ridge | The Wolfgang | 1BR,1BA | $1,399 |
| 809 E Kingsley St | Small Unit | 1BR,1BA | $1,400 |
| Villas at Northstar | Waterford | 1BR,1BA | $1,450 |
| The Highlands Apartments | 1 Bedroom | 1BR,1BA | $1,495 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1,599 |
Best Value Apartments for Rent in Plansmart, MI
As of January 25, 2026 the best value apartment in the Plansmart area is the $1.52 price per square foot Traver w/ Two Car Garage Model at Hideaway Apartments in the in the Chapel Hill neighborhood starting from $2,895. The second greatest value Plansmart apartment is the 1105 Freesia Ct Model at 1105 Freesia Ct, Unit 690 starting at $690 with a $0.38 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for Plansmart 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 | $1.52 |
| 1105 Freesia Ct, Unit 690 | 1105 Freesia Ct | 4BR,2BA | $0.38 |
| 533 Elizabeth St, Unit 2 | 533 Elizabeth St | 6BR,1BA | $0.71 |
| Traver Ridge | The Johannes | 3BR,2BA | $1.78 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1.60 |
| The Highlands Apartments | 1 Bedroom | 1BR,1BA | $1.99 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.34 |
| Parc Pointe Apartments | The Knoll | 1BR,1BA | $2.32 |
| Villas at Northstar | Waterford | 1BR,1BA | $2.10 |
| GreenBrier | 1 Bedroom 2nd Floor Balcony | 1BR,1BA | $2.00 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestylePlansmart, Ann Arbor, MI
Ranked #53
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,599.
What is the price of a cheap apartment in Plansmart?
The cheapest apartment in Plansmart is GreenBrier which is listed at $1,279, while the average apartment in Plansmart costs $11,200.
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 182 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 $1,376 which is $9,824 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.