
Cheap Apartments for Rent in the Sister Lakes Neighborhood of Ann Arbor, MI from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sister Lakes area of Ann Arbor.


Lakestone Apartments

Jackson West

Total Monthly Price
Hillcrest / Park Place

807 W Madison St

Atrio Apartment Homes

608 W Washington St

Wyndham Hill Apartments
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.

Charlton Apartments

Arbor Landings

Mapleridge Apartments

2230 Dexter Ave

1018 Gott St

2116 Thaler Ave

5054 Park Rd

Total Monthly Price
229 Collingwood Dr, Unit 3, Unit 3
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.

The Park at Sagebrush Circle

Maple Cove of Ann Arbor

Avant Apartments

Lurie Terrace Senior Apartments

2211 Dexter Ave

Surrey Park

801 W Madison

Manchester Flats
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.

811 5th St

923 S 7th St

Manchester West

Huron Flats

West Huron Apartments

Parkside Apartments

2150 Pauline Blvd

2210 Dexter
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

723 W Madison St

1325 S Maple Rd

801 Miller Ave

Avant Apartments

2152 Pauline Blvd

1718 Orchard St

795 N Maple Rd

122 Allen Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

824 W Summerfield Gln Cir
Sister Lakes, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Sister Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sister Lakes Studio Apartments | $1,250 | $1,250 | $1,250 |
| Sister Lakes 1 Bedroom Apartments | $1,553 | $800 | $2,350 |
| Sister Lakes 2 Bedroom Apartments | $1,810 | $1,299 | $3,075 |
| Sister Lakes 3 Bedroom Apartments | $2,425 | $1,650 | $3,475 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Sister Lakes Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Sister Lakes, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sister Lakes Apartments for Rent
 The cheapest available apartment rental in the Sister Lakes area of Ann Arbor, MI is a 1 Bed unit found at Lakestone Apartments priced from $1,038. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakestone Apartments | One Bedroom | 1BR,1BA | $1,038 |
| Surrey Park | Studio, One Bath (Sp) | Studio,1BA | $1,175 |
| Manchester Flats | The Burlington | 1BR,1BA | $1,199 |
| Hillcrest / Park Place | The Meadows | 1BR,1BA | $1,199 |
| 807 W Madison St | 1 Bedroom | 1BR,1BA | $1,200 |
| Mapleridge Apartments | 1 Bedroom | 1BR,1BA | $1,395 |
| Manchester West | The Aphrodite | 1BR,1BA | $1,449 |
| Wyndham Hill Apartments | CMI2B1B | 2BR,1BA | $1,450 |
| Arbor Landings | Holly | 1BR,1BA | $1,486 |
| The Park at Sagebrush Circle | Beech | 2BR,2BA | $1,699 |
Best Value Apartments for Rent in Sister Lakes, MI
As of April 10, 2026 the best value apartment in the Sister Lakes area is the $2.04 price per square foot 2 Bed 2 Bath Model at Maple Cove of Ann Arbor in the in the Sister Lakes neighborhood starting from $2,195. The second greatest value Sister Lakes apartment is the Two Bedroom 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Maple Cove of Ann Arbor | 2 Bed 2 Bath | 2BR,2BA | $2.04 |
| Lakestone Apartments | Two Bedroom | 2BR,1BA | $1.51 |
| Arbor Landings | Holly | 1BR,1BA | $1.68 |
| Mapleridge Apartments | 2 Bedroom | 2BR,1BA | $1.81 |
| Wyndham Hill Apartments | CMI2B1B | 2BR,1BA | $1.67 |
| Manchester West | The Aphrodite | 1BR,1BA | $1.70 |
| The Park at Sagebrush Circle | Aspen | 1BR,1BA | $2.21 |
| 807 W Madison St | 1 Bedroom | 1BR,1BA | $1.60 |
| Hillcrest / Park Place | The Sycamore | 1BR,1BA | $2.00 |
| Manchester Flats | The Burlington | 1BR,1BA | $2.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 LifestyleSister Lakes, Ann Arbor, MI
Ranked #37
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Sister Lakes Apartments
How much is rent for a Cheap One Bedroom Sister Lakes Apartment?
The lowest price for a Cheap One Bedroom Sister Lakes Apartment is $1,038 at Lakestone Apartments.
What is the lowest price for a Cheap Two Bedroom Sister Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sister Lakes is starting from $1,299 at Hillcrest / Park Place.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.