
Cheap Homes for Rent in South Area Ann Arbor, MI from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Area area of Ann Arbor.


Furnished Studio-Detroit - Ann Arbor - University South
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.

1614 Ferndale Pl

3306 Alpine Dr
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.

3025 Forest Creek Ct
South Area, Ann Arbor, MI Local Guide

How much does it cost to rent a home in South Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Area 2 Bedroom Homes for Rent | $2,165 | $2,150 | $2,195 |
| South Area 3 Bedroom Homes for Rent | $3,165 | $2,350 | $4,695 |
| South Area 4 Bedroom Homes for Rent | $3,225 | $2,850 | $3,600 |
| South Area 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the South Area Neighborhood of Ann Arbor, MI.
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South Area, Ann Arbor, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $1,099 |
| South Grove Apartments | AMHERST | 2BR,1BA | $1,140 |
| Ann Arbor Woods | One Bedroom One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ponds at Georgetown Apartments | Sandpiper | 3BR,2BA | $1.88 |
| Woodbury Gardens Apartments & Townhomes | 2 Bed / 1.5 Bath TH | 2BR,1.5BA | $2.17 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1.39 |
| Arbor Village Apartments | The Victors | 2BR,1BA | $1.78 |
| Pine Valley | 2 Bedroom 1st Floor | 2BR,1BA | $1.79 |
| South Grove Apartments | HUME | 1BR,1BA | $1.64 |
| Mill Creek Townhomes | 1 Bedroom | 1BR,1BA | $2.15 |
| The Ivanhoe Apartments | The Ivanhoe Apartments - Spacious 1 Bed / 1 Bat... | 1BR,1BA | $1.92 |
| Homestead Commons | A | 1BR,1BA | $2.00 |
| Spruce Knob Apartments | The Van Gogh | 1BR,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 ArticleReal 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 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.
Best Local Schools in South Area, Ann Arbor, MI
Pathways to Success Academic Campus
School data provided by Great Schools
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 11 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

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.

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.

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.

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.