524 S Forest Ave
Ann ArborMI48104
Cheap Apartments for Rent in the South University Neighborhood of Ann Arbor, MI from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the South University area of Ann Arbor.
close
View Me
from $6996 Bedroom Apartment Available Now
533 Elizabeth St, Unit 533 Elizabeth
533 Elizabeth StAnn Arbor, MI 48104
close
View Me
from $1,125Studio to 2 Bedroom Apartments Contact Us For Availability
Nob Hill Apartments
301 Nob Hill CtAnn Arbor, MI 48103
close
View Me
Rent Specials
from $1,1501 to 2 Bedroom Apartments Available Now
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
close
View Me
close
View Me
close
View Me
from $1,300Studio to 2 Bedroom Apartments Available Aug 22
University Plaza
608 Monroe StAnn Arbor, MI 48104
close
View Me
from $1,300Studio to 1 Bedroom Apartments Available Now
323 Packard St
323 Packard StAnn Arbor, MI 48104
close
View Me
from $1,365Studio to 3 Bedroom Apartments Available Now
Huron Towers
2200 Fuller CtAnn Arbor, MI 48105
close
View Me
Rent Specials
from $1,395Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
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
from $1,4001 to 2 Bedroom Apartments Available Aug 22
Tradewind Apartments
121 E Hoover AveAnn Arbor, MI 48104
528 S 5th Ave
Ann ArborMI48104
close
View Me
from $1,480Studio to 1 Bedroom Apartments Available Jul 7
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
close
View Me
from $1,4992 to 5 Bedroom Apartments Available Aug 7
VERVE Ann Arbor
721 S Forest AveAnn Arbor, MI 48104
912 Mary St
Ann ArborMI48104
911 S Main St
Ann ArborMI48104
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
South University, Ann Arbor, MI Local Guide
How much does it cost to rent an apartment in South University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South University Studio Apartments | $1,838 | $1,125 | $2,874 |
| South University 1 Bedroom Apartments | $2,033 | $1,150 | $3,950 |
| South University 2 Bedroom Apartments | $2,390 | $1,250 | $4,995 |
| South University 3 Bedroom Apartments | $2,324 | $1,445 | $4,350 |
| South University 4 Bedroom Apartments | $1,744 | $999 | $6,400 |
| South University 5 Bedroom Apartments | $1,845 | $1,449 | $7,095 |
| South University 6 Bedroom Apartments | $5,849 | $699 | $9,400 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 1 mile radius of the South University Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
South University, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South University Apartments for Rent
The cheapest available apartment rental in the South University area of Ann Arbor, MI is a 1 Bed unit found at Courthouse Square - A 55+ Community priced from $1,150. Landmark has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,399. Here are the most affordable South University apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1,150 |
| Landmark | 4X2C | 4BR,2BA | $1,399 |
| Island Drive | Efficiency Phase 3 | Studio,1BA | $1,415 |
| 911 South Main Street | 6-Bed | 6BR,6BA | $1,500 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
| 307 Thompson | 0B1B | Studio,1BA | $1,599 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,600 |
| Huron Towers | 15 | 1BR,1BA | $1,600 |
| Dean Apartments | 2 Bedroom Flat - 3 month term ONLY | 2BR,1BA | $2,000 |
Best Value Apartments for Rent in South University, MI
As of June 17, 2025 the best value apartment in the South University area is the $1.25 price per square foot home Model at 807 S Main St in the in the North Central Ann Arbor neighborhood starting from $2,750. The second greatest value South University apartment is the 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth starting at $699 with a $0.34 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for South University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 807 S Main St | home | 3BR,1BA | $1.25 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 6BR,2BA | $0.34 |
| Saga Ann Arbor | D2 | 4BR,3BA | $0.67 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $2.45 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1.83 |
| Sterling Arbor Blu | Unit 08B | 2BR,2BA | $2.76 |
| Landmark | 2X1 | 2BR,1BA | $2.24 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $2.67 |
| Huron Towers | 11 | 1BR,1BA | $2.71 |
| Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1.99 |
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.
Let everyone know!
Do you know the South University area?
If you’re an expert on all things South University, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouth University, Ann Arbor, MI
Ranked #61
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South University, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about Cheap South University Apartments
What is a cheap apartment in South University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South University is under $2,000.
What is the price of a cheap apartment in South University?
The cheapest apartment in South University is Courthouse Square - A 55+ Community which is listed at $1,150, while the average apartment in South University costs $6,450.
What types of apartments are the cheapest in South University?
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 32 regular apartments in South University 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 South University?
Cheap apartments in South University have an average cost of $1,371 which is $5,079 cheaper than the average rent for all rentals in South University.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.