Cheap Apartments for Rent in the Plansmart Neighborhood of Ann Arbor, MI from $509 (67 Rentals)

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

property at 1241 Island Dr
$699

Total Monthly Price

Base Rent$699

Total Monthly Price$699
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

1241 Island Dr, Unit 2

1241 Island Dr
Ann ArborMI48105
  • Smoke Free
property at 840 W Huron St
$800
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

840 W Huron St, Unit 1

840 W Huron St
Ann ArborMI48103
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2018 Pontiac Trl, Unit 1
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom Apartment Available Now

2018 Pontiac Trl, Unit 1

2018 Pontiac TrlAnn Arbor, MI 48105
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  • Smoke Free
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Traver Crossing
$1,199 - $2,129

Total Monthly Price

Base Rent$1,199 - $2,129

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Traver Crossing

1984 Traver RdAnn Arbor, MI 48105
Affordability
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  • Customer Reviewed
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property at 407 N Ashley St
$1,200 - $2,400
Studio To 2 Bedroom Rentals
Available Now
Affordability

407 N Ashley St

Ann ArborMI48103

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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Island Drive
Rent Specials
$1,224 - $1,899

Total Monthly Price

Base Rent$1,224 - $1,899

Total Monthly Price$1,224 - $1,899
Studio to 3 Bedroom Apartments Available Now

Island Drive

1099 Maiden LnAnn Arbor, MI 48105
Student Housing
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  • Customer Reviewed
  • Utilities Included
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GreenBrier
$1,279 - $1,559

Total Monthly Price

Base Rent$1,279 - $1,559

Total Monthly Price$1,279 - $1,559
Studio to 2 Bedroom Apartments Available Now

GreenBrier

3615 Green Brier BlvdAnn Arbor, MI 48105
Student Housing
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The Highlands Apartments
Rent Specials
$1,555 - $1,850

Total Monthly Price

Base Rent$1,555 - $1,850

Total Monthly Price$1,555 - $1,850
1 to 2 Bedroom Apartments Available Now

The Highlands Apartments

1681-1699 Broadway StAnn Arbor, MI 48105
Student Housing
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  • Utilities Included
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Parc Pointe Apartments
$1,630 - $2,150

Total Monthly Price

Base Rent$1,630 - $2,150

Total Monthly Price$1,630 - $2,150
1 to 2 Bedroom Apartments Contact Us For Availability

Parc Pointe Apartments

1901 Pointe LnAnn Arbor, MI 48105
Affordability
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  • Customer Reviewed
  • Utilities Included

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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Bradford House
$1,650 - $2,065

Total Monthly Price

Base Rent$1,650 - $2,065

Total Monthly PriceVaries
2 Bedroom Apartments Available Now

Bradford House

1010 Catherine StAnn Arbor, MI 48104
Student Housing
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  • Utilities Included
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Villas at Northstar
Rent Specials
$1,665 - $2,958

Total Monthly Price

Base Rent$1,665 - $2,958

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Villas at Northstar

2820 Windwood DrAnn Arbor, MI 48105
Student Housing
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  • Customer Reviewed
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Arbor Valley
Studio to 2 Bedroom Apartments

Arbor Valley

1550-1552 Plymouth RdAnn Arbor, MI 48105
  • 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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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
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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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Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
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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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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
  • Smoke Free
property at 1556 Jones Dr
$1,200 - $1,250
1 Bedroom Rentals
Available Now
Affordability

1556 Jones Dr

Ann ArborMI48105
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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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Traver Ridge
1 to 3 Bedroom Apartments

Traver Ridge

2395 Leslie CirAnn Arbor, MI 48105
Student Housing

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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Fuller Apartments
1 to 2 Bedroom Apartments

Fuller Apartments

800-802 Fuller StAnn Arbor, MI 48104
Student Housing
  • 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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520 N Ashley St
1 Bedroom Apartments

520 N Ashley St

520 N Ashley StAnn Arbor, MI 48103
  • 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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Medical Center Court
Studio to 2 Bedroom Apartments

Medical Center Court

1005 Maiden LnAnn Arbor, MI 48105
Student Housing
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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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908 Spring St
2 Bedroom Apartments

908 Spring St

908 Spring StAnn Arbor, MI 48103
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502 N State St
1 to 2 Bedroom Apartments

502 N State St

502 N State StAnn Arbor, MI 48104
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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.

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 Studio unit found at Island Drive priced from $1,224. Traver Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,249. Here are the most affordable Plansmart apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Island DriveEfficiency Phase 2Studio,1BA$1,224
Traver CrossingThe Au Sable2BR,1BA$1,249
Atrio Apartment HomesRenovated One-Bedroom1BR,1BA$1,250
Huron FlatsTwo-Bedroom2BR,1BA$1,255
GreenBrier1 Bedroom 1st Floor1BR,1BA$1,279
Traver RidgeThe Wolfgang1BR,1BA$1,299
Fuller Apartments2-Bedroom Center apartments2BR,1BA$1,530
502 N State St2BR/1.0BA2BR,1BA$1,550

Best Value Apartments for Rent in Plansmart, MI

As of September 10, 2026 the best value apartment in the Plansmart 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 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$1.47
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St5BR,1BA$0.50
University TrailsC13BR,3.5BA$1.01
Traver CrossingThe Erie2BR,1BA$1.28
The Legacy at Ann ArborC2.1 - 3x33BR,3BA$1.73
1416 Arborview Blvd, Unit West Side Duplex1416 Arborview Blvd2BR,1BA$1.80
Traver RidgeThe George2BR,2BA$1.55
Saga Ann ArborC13BR,2BA$1.28
Huron FlatsTwo-Bedroom2BR,1BA$1.39
Unger Apartments - 5-10 Minute Walk to UofM!1 Bedroom1BR,1BA$1.56

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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.

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Pet Friendly Lifestyle
Plansmart, Ann Arbor, MI

Ranked #29

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,550.

What is the price of a cheap apartment in Plansmart?

The cheapest apartment in Plansmart is Atrio Apartment Homes which is listed at $1,250, while the average apartment in Plansmart costs $1,825.

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 153 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 $1,333 which is $492 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 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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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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.