Cheap Apartments for Rent in the Sister Lakes Neighborhood of Ann Arbor, MI from $500 (10 Rentals)

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

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2211 Dexter Ave
2 Bedroom Apartments

2211 Dexter Ave

2211 Dexter AveAnn Arbor, MI 48103
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Surrey Park
Studio to 2 Bedroom Apartments

Surrey Park

2501 Keystone LnAnn Arbor, MI 48103
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801 W Madison
1 to 2 Bedroom Apartments

801 W Madison

801 W MadisonAnn Arbor, MI 48103
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Manchester Flats
1 to 3 Bedroom Apartments

Manchester Flats

1846 Stadium PlAnn Arbor, MI 48103
Student Housing

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Cheapest Available Sister Lakes Apartments for Rent

 

The cheapest available apartment rental in the Sister Lakes area of Ann Arbor, MI is a 2 Beds unit found at Varsity Management priced from $1,000. Surrey Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Sister Lakes apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Varsity Management2BR/1.0BA2BR,1BA$1,000
Surrey ParkStudio, One Bath (Sp)Studio,1BA$1,175
807 W Madison St1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Sister Lakes, MI

As of January 08, 2026 the best value apartment in the Sister Lakes area is the $1.50 price per square foot 797 Maple Model at 795 N Maple Rd in the in the Sister Lakes neighborhood starting from $1,500. The second greatest value Sister Lakes apartment is the 2 Bedroom 1 Bath Model at Lakestone Apartments starting at $1,498 with a $1.51 price per square foot in the Sister Lakes neighborhood. Here is today’s list of the best values for Sister Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
795 N Maple Rd797 Maple2BR,1BA$1.50
Lakestone Apartments2 Bedroom 1 Bath2BR,1BA$1.51
Arbor LandingsHolly1BR,1BA$1.68
Mapleridge Apartments2 Bedroom Renovated2BR,1BA$1.81
Charlton ApartmentsThe Delhi - Renovated2BR,1BA$1.89
Wyndham Hill ApartmentsCMO2B1B2BR,1BA$1.68
Arbor Club Apartments - Ann Arbor, MIOne Bedroom One Bath1BR,1BA$1.75
The Park at Sagebrush CircleAspen1BR,1BA$1.75
Varsity Management2BR/1.0BA2BR,1BA$1.30
807 W Madison St1 Bedroom1BR,1BA$1.60

Frequently Asked Questions about Cheap Sister Lakes Apartments

What is the price of a cheap apartment in Sister Lakes?

The cheapest apartment in Sister Lakes is 807 W Madison St which is listed at $1,200, while the average apartment in Sister Lakes costs $1,817.

What types of apartments are the cheapest in Sister Lakes?

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 16 regular apartments in Sister Lakes 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 Sister Lakes?

Cheap apartments in Sister Lakes have an average cost of $555 which is $1,262 cheaper than the average rent for all rentals in Sister Lakes.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!