
Cheap Homes for Rent in South University Neighborhood of Ann Arbor, MI from $1,900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the South University area of Ann Arbor.


1400 Morton Ave

1400 Morton Ave
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.

555 E William St

555 E William St, Unit 14C

1531 Packard St, Unit 15
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.

109 Adams Ave
South University, Ann Arbor, MI Local Guide

How much does it cost to rent a home in South University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South University 2 Bedroom Homes for Rent | $2,345 | $1,900 | $3,500 |
South University 3 Bedroom Homes for Rent | $4,175 | $2,850 | $5,500 |
South University 4 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
South University 5 Bedroom Homes for Rent | $4,625 | $4,250 | $5,000 |
South University 6 Bedroom Homes for Rent | $6,746 | $4,600 | $9,393 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the South University Neighborhood of Ann Arbor, MI.
Explore Ann Arbor
South University, Ann Arbor, MI Local Guide
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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. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. 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 |
Island Drive | Efficiency Phase 2 | Studio,1BA | $1,395 |
Landmark | 4X2C | 4BR,2BA | $1,399 |
Best Value Apartments for Rent in South University, MI
As of June 22, 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 $889 with a $0.43 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 | $0.43 |
Saga Ann Arbor | D2 | 4BR,3BA | $0.67 |
Corner House Apartments | Three-Bedroom | 3BR,1BA | $2.45 |
307 Potter Ave, Unit Lower | 307 Potter Ave | 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
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Frequently Asked Questions about South University
What type of rentals are currently available in South University?
There are currently 482 Apartments for Rent in South University, MI with pricing that ranges from $549 to $9,400. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $1,900 to $9,393.
What is the current price range for Rental Homes in South University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South University ranges from $1,900 to $9,393 with an average monthly rent of $4,026.
How much are larger Three and Four Bedroom Rentals in South University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South University range from $1,445 to $4,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $999.
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.