
Cheap Homes for Rent in the Plansmart Neighborhood of Ann Arbor, MI from $600 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Plansmart area of Ann Arbor.


533 Elizabeth St

840 W Huron St, Unit 1

533 Elizabeth St

1103 W Huron St, Unit 1

1114 Fountain St
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.

829 Miller Ave, Unit 2

253 Brookridge Ct

1217 Island Dr

249 Brookridge Ct

1249 Island Dr, Unit 104

1249 Island Dr
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.

3234 Bolgos Cir, Unit 3234 Bolgos Circle

1209 Island Dr

245 Brookridge Ct

102 E Kingsley St, Unit 1

604 Miller Ave, Unit 2

315 N Thayer St, Unit 1
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

3236 Bolgos Cir

2646 S Knightsbridge Cir

3422 Burbank Dr

2785 S Knightsbridge Cir

606 W Summit St
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.

2666 S Knightsbridge Cir
Plansmart, Ann Arbor, MI Local Guide

How much does it cost to rent a home in Plansmart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Plansmart 2 Bedroom Homes for Rent | $2,200 | $1,600 | $3,700 |
| Plansmart 3 Bedroom Homes for Rent | $3,585 | $2,150 | $7,500 |
| Plansmart 4 Bedroom Homes for Rent | $3,824 | $2,700 | $8,000 |
| Plansmart 5 Bedroom Homes for Rent | $4,766 | $4,250 | $5,750 |
| Plansmart 6 Bedroom Homes for Rent | $4,161 | $889 | $6,600 |
| Plansmart 7 Bedroom Homes for Rent | $3,325 | $750 | $5,900 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Plansmart Neighborhood of Ann Arbor, MI.
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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 Island Drive priced from $1,224. Traver Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,449. Here are the most affordable Plansmart apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,224 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1,449 |
| Medical Center Court | The Geddes | 1BR,1BA | $1,449 |
| GreenBrier | 2 Bedroom 1st Floor Garden | 2BR,1BA | $1,499 |
| Traver Ridge | The George | 2BR,2BA | $1,499 |
Best Value Apartments for Rent in Plansmart, MI
As of July 27, 2026 the best value apartment in the Plansmart area is the $2.05 price per square foot Traver w/ Two Car Garage Model at Hideaway Apartments in the in the Chapel Hill neighborhood starting from $3,899. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hideaway Apartments | Traver w/ Two Car Garage | 4BR,3.5BA | $2.05 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1.45 |
| Traver Ridge | The George | 2BR,2BA | $1.50 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.51 |
| GreenBrier | 2 Bedroom 3rd Floor Garden Balcony | 2BR,1BA | $1.75 |
| 815 E Huron St | 1 Bedroom | 1BR,1BA | $2.63 |
| Phi Chi Medical Fraternity Apartments | 2 Bed | 2BR,1BA | $2.25 |
| Villas at Northstar | Waterford | 1BR,1BA | $2.70 |
| Medical Center Court | The Geddes | 1BR,1BA | $2.48 |
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 ArticleReal 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.
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 #21
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Plansmart, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about Plansmart
What type of rentals are currently available in Plansmart?
There are currently 233 Apartments for Rent in Plansmart, MI with pricing that ranges from $750 to $5,923. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Plansmart ranging from $699 to $8,000.
What is the current price range for Rental Homes in Plansmart?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Plansmart ranges from $699 to $8,000 with an average monthly rent of $3,289.
How much are larger Three and Four Bedroom Rentals in Plansmart?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Plansmart range from $887 to $3,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,700 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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.