Cheap Homes for Rent in the Plansmart Neighborhood of Ann Arbor, MI from $600 (25 Rentals)

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

property at 1241 Island Dr

$699

Total Monthly Price

Total Monthly Price

Base Rent
$699

Total Monthly Price
$699

1 Bedroom, 1 Bath Condo for Rent

Available Now

1241 Island Dr, Unit 2

1241 Island Dr
Ann ArborMI48105

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.

property at 829 Miller Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

829 Miller Ave, Unit 2

829 Miller Ave
Ann ArborMI48103
property at 1249 Island Dr

$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 Now

1249 Island Dr, Unit 104

1249 Island Dr
Ann ArborMI48105

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.

property at 3234 Bolgos Cir

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

3234 Bolgos Cir, Unit 3234 Bolgos Circle

3234 Bolgos Cir
Ann ArborMI48105

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.

property at 309 N Ingalls St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

309 N Ingalls St, Unit 1

309 N Ingalls St
Ann ArborMI48104
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 Now

606 W Summit St

Ann ArborMI48103

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.

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 $1,449. 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$1,449
Medical Center CourtThe Geddes1BR,1BA$1,449
GreenBrier2 Bedroom 1st Floor Garden2BR,1BA$1,499
Traver RidgeThe George2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hideaway ApartmentsTraver w/ Two Car Garage4BR,3.5BA$2.05
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St5BR,1BA$0.50
Traver CrossingThe Au Sable2BR,1BA$1.45
Traver RidgeThe George2BR,2BA$1.50
Saga Ann ArborC13BR,2BA$1.51
GreenBrier2 Bedroom 3rd Floor Garden Balcony2BR,1BA$1.75
815 E Huron St1 Bedroom1BR,1BA$2.63
Phi Chi Medical Fraternity Apartments2 Bed2BR,1BA$2.25
Villas at NorthstarWaterford1BR,1BA$2.70
Medical Center CourtThe Geddes1BR,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.

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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.

Read Article
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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 #21

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 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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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.