Cheap Homes for Rent in South Area Ann Arbor, MI from $1,400 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 1614 Ferndale Pl

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1614 Ferndale Pl

Ann ArborMI48104
property at 3306 Alpine Dr

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

3306 Alpine Dr

Ann ArborMI48108

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.

South Area, Ann Arbor, MI Local Guide

Cheapest Available South Area Apartments for Rent

 

The cheapest available apartment rental in the South Area area of Ann Arbor, MI is a 1 Bed unit found at Spruce Knob Apartments priced from $1,099. South Grove Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,140. Here are the most affordable South Area apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Spruce Knob ApartmentsThe Van Gogh1BR,1BA$1,099
South Grove ApartmentsAMHERST2BR,1BA$1,140
Ann Arbor WoodsOne Bedroom One Bath1BR,1BA$1,211

Best Value Apartments for Rent in South Area, MI

As of June 11, 2026 the best value apartment in the South Area area is the $1.88 price per square foot Sandpiper Model at Ponds at Georgetown Apartments in the in the Northeast Ann Arbor neighborhood starting from $2,539. The second greatest value South Area apartment is the 2 Bed / 1.5 Bath TH Model at Woodbury Gardens Apartments & Townhomes starting at $2,779 with a $2.17 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for South Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ponds at Georgetown ApartmentsSandpiper3BR,2BA$1.88
Woodbury Gardens Apartments & Townhomes2 Bed / 1.5 Bath TH2BR,1.5BA$2.17
Mulberry Row Apartments2 Bedroom2BR,1BA$1.39
Arbor Village ApartmentsThe Victors2BR,1BA$1.78
Pine Valley2 Bedroom 1st Floor2BR,1BA$1.79
South Grove ApartmentsHUME1BR,1BA$1.64
Mill Creek Townhomes1 Bedroom1BR,1BA$2.15
The Ivanhoe ApartmentsThe Ivanhoe Apartments - Spacious 1 Bed / 1 Bat...1BR,1BA$1.92
Homestead CommonsA1BR,1BA$2.00
Spruce Knob ApartmentsThe Van Gogh1BR,1BA$1.76

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.

Read Article
Decorative image

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
Decorative image

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

Frequently Asked Questions about South Area

What type of rentals are currently available in South Area?

There are currently 46 Apartments for Rent in South Area, MI with pricing that ranges from $1,148 to $3,608. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Area ranging from $1,400 to $4,695.

What is the current price range for Rental Homes in South Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Area ranges from $1,400 to $4,695 with an average monthly rent of $2,490.

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.