533 Elizabeth St
Ann ArborMI48104
Cheap Homes for Rent in the South University Neighborhood of Ann Arbor, MI from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the South University area of Ann Arbor.
610 S Ashley St
Ann ArborMI48103
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$1,6001 Bedroom Apartments Available Aug 24
1303 Wilmot St, Unit 21
1303 Wilmot StAnn Arbor, MI 48104
555 E William St
Ann ArborMI48104
555 E William St
Ann ArborMI48104
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$1,8501 Bedroom Apartments Available Now
401 W Hoover Ave, Unit 6
401 W Hoover AveAnn Arbor, MI 48103
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$1,9501 Bedroom Apartments Available Now
102 E Kingsley St, Unit 1
102 E Kingsley StAnn Arbor, MI 48104
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.
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$1,9501 Bedroom Apartments Available Aug 1
315 N Thayer St, Unit 1
315 N Thayer StAnn Arbor, MI 48104
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$1,9501 Bedroom Apartments Available Aug 1
401 W Hoover Ave, Unit 5
401 W Hoover AveAnn Arbor, MI 48103
555 E William St, Unit 22E
555 E William St
Ann ArborMI48104
309 N Ingalls St, Unit 1
309 N Ingalls St
Ann ArborMI48104
900 Woodlawn Ave
Ann ArborMI48104
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$2,1501 Bedroom Apartments Available Now
315 N Thayer St, Unit 5
315 N Thayer StAnn Arbor, MI 48104
1011 Olivia Ave
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.
Showing Results 1-14, Page 1 of 1
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 | $2,870 | $2,200 | $3,700 |
| South University 3 Bedroom Homes for Rent | $3,211 | $2,095 | $4,100 |
| South University 4 Bedroom Homes for Rent | $3,350 | $3,200 | $3,600 |
| South University 5 Bedroom Homes for Rent | $4,778 | $2,750 | $6,500 |
| South University 6 Bedroom Homes for Rent | $5,566 | $889 | $7,280 |
| South University 7 Bedroom Homes for Rent | $5,813 | $750 | $8,860 |
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 14 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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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 1803 Hill St priced from $825. 810 S Main St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable South University apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3BA | $825 |
| 810 S Main St | 1 BED | 1BR,1BA | $1,125 |
| Forest Plaza Apartments | Studio | Studio,1BA | $1,195 |
| 812 Mary St | 1 Bedroom | 1BR,1BA | $1,200 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in South University, MI
As of August 01, 2026 the best value apartment in the South University area is the $0.30 price per square foot 1803 Hill St. Model at 1803 Hill St in the in the Northeast Ann Arbor neighborhood starting from $825. The second greatest value South University apartment is the 1540 Packard St Model at 1540 Packard St, Unit Apt 2 starting at $950 with a $0.35 price per square foot in the Northeast Ann Arbor 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. |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3.5BA | $0.30 |
| 1540 Packard St, Unit Apt 2 | 1540 Packard St | 4BR,2BA | $0.35 |
| 807 S Main St | House | 3BR,1BA | $1.32 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Vic Village North | 4B - Deluxe | 4BR,4BA | $1.47 |
| Brown Street Apartments - 10 Min from UofM | 2-Bedroom | 2BR,1BA | $1.60 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.28 |
| Bradford House | Two Bedroom | 2BR,1BA | $1.94 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1.72 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1.66 |
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.
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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.
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Pet Friendly LifestyleSouth University, Ann Arbor, MI
Ranked #52
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 607 Apartments for Rent in South University, MI with pricing that ranges from $750 to $7,200. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $750 to $8,860.
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 $750 to $8,860 with an average monthly rent of $3,312.
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 $887 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $4,100. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $900.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.