
Cheap Homes for Rent in Plansmart Neighborhood of Ann Arbor, MI from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Plansmart area of Ann Arbor.


544 N State St

424 N State St

1249 Island Dr, Unit 104, Unit 104

219 Brookridge Ct, Unit 1, Unit 1

3385 Burbank Dr
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.

1209 Island Dr

3356 Burbank Dr

3374 Burbank Dr, Unit 349, Unit 349

3456 Burbank Dr

707 Newport Pl, Unit 707

1253 Island Dr
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

How much does it cost to rent a home in Plansmart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Plansmart 2 Bedroom Homes for Rent | $2,657 | $1,850 | $9,500 |
| Plansmart 3 Bedroom Homes for Rent | $3,389 | $2,000 | $5,375 |
| Plansmart 4 Bedroom Homes for Rent | $3,394 | $2,400 | $4,200 |
| Plansmart 5 Bedroom Homes for Rent | $4,716 | $3,800 | $5,400 |
| Plansmart 6 Bedroom Homes for Rent | $3,849 | $700 | $6,600 |
| Plansmart 7 Bedroom Homes for Rent | $7,100 | $7,100 | $7,100 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 1 Bed unit found at GreenBrier priced from $1,279. Fuller Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here are the most affordable Plansmart apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| GreenBrier | 1 Bedroom 1st Floor | 1BR,1BA | $1,279 |
| Fuller Apartments | 1 Bedroom | 1BR,1BA | $1,320 |
| Traver Crossing | The Au Gres | 1BR,1BA | $1,399 |
| Medical Center Court | The Huron | Studio,1BA | $1,399 |
| Island Drive | One Bedroom Phase 3 | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in Plansmart, MI
As of April 26, 2026 the best value apartment in the Plansmart area is the $2.43 price per square foot 293 Hiscock St Model at 293 Hiscock St in the in the North Central Ann Arbor neighborhood starting from $3,400. The second greatest value Plansmart apartment is the 2787 Barclay Way Model at 2787 Barclay Way starting at $2,000 with a $2.21 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. |
|---|---|---|---|
| 293 Hiscock St | 293 Hiscock St | 4BR,2BA | $2.43 |
| 2787 Barclay Way | 2787 Barclay Way | 2BR,2BA | $2.21 |
| Traver Ridge | The Wolfgang | 1BR,1BA | $1.89 |
| Traver Crossing | The Au Gres | 1BR,1BA | $1.75 |
| The Legacy at Ann Arbor | B2 - 2x2 | 2BR,2BA | $2.65 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.42 |
| Villas at Northstar | Waterford | 1BR,1BA | $2.38 |
| GreenBrier | 1 Bedroom 3rd Floor Balcony | 1BR,1BA | $2.00 |
| Island Drive | One Bedroom Phase 2 | 1BR,1BA | $2.59 |
| Fuller Apartments | 1 Bedroom | 1BR,1BA | $2.40 |
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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 #45
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 229 Apartments for Rent in Plansmart, MI with pricing that ranges from $780 to $11,200. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Plansmart ranging from $700 to $9,500.
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 $700 to $9,500 with an average monthly rent of $3,909.
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 $2,000 to $5,375. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $780.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.