126 Hill St
Ann ArborMI48104
Cheap Homes for Rent in the South University Neighborhood of Ann Arbor, MI from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the South University area of Ann Arbor.
802 E Kingsley St
Ann ArborMI48104
533 Elizabeth St
Ann ArborMI48104
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$9503 Bedroom Apartments Available Now
2130-2132 Washtenaw Ave, Unit 2132
2130-2132 Washtenaw AveAnn Arbor, MI 48104
1531 Packard St
Ann ArborMI48104
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
705 S Division St
Ann ArborMI48104
555 E William St, Unit 17th floor
555 E William St
Ann ArborMI48104
555 E William St
Ann ArborMI48104
555 E William St, Unit 3K
555 E William St
Ann ArborMI48104
1531 Packard St
Ann ArborMI48104
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
555 E William St
Ann ArborMI48104
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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 | $2,163 | $1,250 | $2,997 |
| South University 3 Bedroom Homes for Rent | $2,789 | $1,895 | $4,500 |
| South University 4 Bedroom Homes for Rent | $3,914 | $3,200 | $4,944 |
| South University 5 Bedroom Homes for Rent | $4,756 | $3,500 | $6,500 |
| South University 6 Bedroom Homes for Rent | $7,050 | $5,950 | $9,969 |
| South University 7 Bedroom Homes for Rent | $5,898 | $850 | $9,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the South University Neighborhood of Ann Arbor, MI.
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South University, Ann Arbor, MI Local Guide
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Best Value Homes for Rent in South University, MI
As of September 18, 2026 the best value rental home in the South University area is the $1.28 price per square foot 1315 Packard St Model at 1315 Packard St in the Northeast Ann Arbor neighborhood starting from $3,200. The second greatest value South University rental home is the 1306 Packard St Model at 1306 Packard St in the Northeast Ann Arbor neighborhood starting at $5,800 with a $2.64 price per square foot. Here is today’s list of the best values for South University homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1315 Packard St | 1315 Packard St | 3BR, 2BA | $1.28 |
| 1306 Packard St | 1306 Packard St | 5BR, 2BA | $2.64 |
| 523 S 4th Ave, Unit Main | 523 S 4th Ave | 6BR, 2BA | $3.16 |
| 1130 S Forest Ave, Unit 2 | 1130 S Forest Ave | 6BR, 3BA | $3.40 |
| 2144 Washtenaw Ave | 2144 Washtenaw Ave | 3BR, 1.5BA | $2.08 |
| 2146 Washtenaw Ave | 2146 Washtenaw Ave | 3BR, 1.5BA | $2.08 |
| 125 Adams St, Unit House | 125 Adams St | 4BR, 1BA | $3.48 |
| 109 Adams Ave | 109 Adams Ave | 2BR, 1BA | $2.50 |
| 1531 Packard St | 1531 Packard St | 2BR, 1BA | $1.67 |
| 555 E William St, Unit 17th floor | 555 E William St | Studio, 1BA | $3.49 |
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
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.
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.
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Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleSouth University, Ann Arbor, MI
Ranked #56
Among cities in Michigan 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 South University
What type of rentals are currently available in South University?
There are currently 610 Apartments for Rent in South University, MI with pricing that ranges from $544 to $7,200. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $800 to $9,969.
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 $800 to $9,969 with an average monthly rent of $3,748.
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 $544 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $799.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.