Cheap Apartments for Rent in the Sister Lakes Neighborhood of Ann Arbor, MI from $500 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Manchester Flats
1 to 3 Bedroom Apartments

Manchester Flats

1846 Stadium PlAnn Arbor, MI 48103
close
View Me
2211 Dexter Ave
2 Bedroom Apartments

2211 Dexter Ave

2211 Dexter AveAnn Arbor, MI 48103
close
View Me
1015 W. Huron
2 Bedroom Apartments

1015 W. Huron

1015 W HuronAnn Arbor, MI 48103
close
View Me
Surrey Park
Studio to 2 Bedroom Apartments

Surrey Park

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

801 W Madison

801 W MadisonAnn Arbor, MI 48103
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Atrio Apartment Homes
1 to 2 Bedroom Apartments

Atrio Apartment Homes

1000 W Huron StAnn Arbor, MI 48103
Student Housing
  • Utilities Included
close
View Me
Manchester West
1 to 2 Bedroom Apartments

Manchester West

1900 W Liberty StAnn Arbor, MI 48103

Sister Lakes, Ann Arbor, MI Local Guide

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 Manchester Flats priced from $949. Hillcrest / Park Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable Sister Lakes apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Manchester FlatsThe Adam2BR,1BA$949
Hillcrest / Park PlaceThe Cedar2BR,1BA$949
Huron FlatsTwo-Bedroom2BR,1BA$995
2211 Dexter Ave2bed2BR,1BA$995
Surrey ParkStudio, One Bath (Sp)Studio,1BA$1,175

Best Value Apartments for Rent in Sister Lakes, MI

As of October 07, 2025 the best value apartment in the Sister Lakes area is the $1.05 price per square foot 524 S 7th St Model at 524 S 7th St, Unit 2 in the in the North Central Ann Arbor neighborhood starting from $1,895. The second greatest value Sister Lakes apartment is the 2 Beds, 1 bath Model at 923 S 7th St starting at $1,545 with a $1.55 price per square foot in the Old West Side 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.
524 S 7th St, Unit 2524 S 7th St3BR,2BA$1.05
923 S 7th St2 Beds, 1 bath2BR,1BA$1.55
Lakestone Apartments2 Bedroom 1 Bath2BR,1BA$1.51
Manchester WestThe Poseidon2BR,2BA$1.26
Huron FlatsTwo-Bedroom2BR,1BA$1.11
Mapleridge Apartments2 Bedroom2BR,1BA$1.57
Jackson West1 Bed, 1 Bath1BR,1BA$1.36
Hillcrest / Park PlaceThe Cedar2BR,1BA$1.17
2211 Dexter Ave2bed2BR,1BA$1.33
Manchester FlatsThe Earl2BR,1BA$1.54

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Sister Lakes, Ann Arbor, MI

Ranked #39

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Sister Lakes Neighborhood in Ann Arbor, MI

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

11 / 100

Minimal Transit

It may be possible to get on a bus

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 Jackson West which is listed at $1,185, while the average apartment in Sister Lakes costs $1,895.

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 3 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 $151 which is $1,744 cheaper than the average rent for all rentals in Sister Lakes.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.