Your message has been sent! Thank you!

Michigan Terrace Apartments

Verified
This is a CoStar Verified® Listing

Michigan Terrace in Ann Arbor, MI is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(734) 821-3365
Check Availability
1025 Packard St, Ann Arbor, MI 48104
Building Photo
Building Photo
2 Photos2 Floorplans
Building Photo
Building Photo
Floor Plan
Floor Plan
Floor Plan
Floor Plan

Contact

Michigan Terrace

1025 Packard St
Ann Arbor, MI 48104
(734) 821-3365
Michigan Terrace in Ann Arbor, MI - Building Photo
  • 2–3 Bedrooms
  • $1,395-$1,995 Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,395 - $1,995
    Total Monthly Price
    $1,395 - $1,995
  • 700–850 Square Feet

Rent Specials

New Lower Rents!~~New Lower Rents!

Ask Us About Our Specials

About Michigan Terrace

Modern apartment building located on Packard and E. University and a mere 5 blocks away from Central Campus. It also offers fairly good access to the Athletic Campus and the Business and Law Schools.

Michigan Terrace is located in the Central Ann Arbor Neighborhood and 48104 Zip code of Ann Arbor, MI. This community is professionally managed by Campus Management Inc

Property Contact Info

Call Us:
(734) 821-3365

Floorplan Pricing and Availability

Michigan Terrace offers 2 to 3 Bedroom apartments starting from $1,395 and having 700–850 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • 2 Bedrooms

    2 Bedroom

    $1,395

    2 Beds, 1 Bath, 700 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,395
    Total Monthly Price
    $1,395
    Available Aug 28

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,395 August 28, 2026103700
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Balcony
    • Cable Ready

    Kitchen

    • Dishwasher

    Unit 103 Lease Information

    Unit Price

    • $1,395Total Monthly Price
      Base Rent: $1,395
      Required Monthly Fees: None
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,395Total Monthly Price

  • 3 Bedrooms

    3 Bedroom

    $1,995

    3 Beds, 1 Bath, 850 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,995
    Total Monthly Price
    $1,995
    Available Aug 28

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,995 August 28, 2026104850
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Balcony
    • Cable Ready

    Kitchen

    • Dishwasher

    Unit 104 Lease Information

    Unit Price

    • $1,995Total Monthly Price
      Base Rent: $1,995
      Required Monthly Fees: None
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,995Total Monthly Price
Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (734) 821-3365 to request a tour.

Property Information

  • Built in 1961
  • 3 Stories
  • 17 Units

Lease Terms

  • 12 mo
Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Move-In
Cleaning FeeiCharged Per Unit.$340-$410

Utilities

Water/Sewer/TrashiIncluded with Rent Charged Per Unit.$0.00/mo
ElectriciPaid to DTE Charged Per Unit. Payable to Third Party.Usage-Based/mo

Other Fees and Policies

Parking Fees

Surface Lot
Parking FeeiMax of 1. Charged Per Vehicle.$0.00/mo
Comments:

Max of 1.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Interior Features

  • Balcony
  • Cable Ready

Kitchen Amenities

  • Dishwasher
Ask About Our Amenities
Google Map

Map

1025 Packard St, Ann Arbor, MI 48104

Getting Around

  • 80 / 100 Very Walkable

    Most day-to-day needs are within a few minutes' walk

  • 60 / 100 Good public transit

    Walking distance to rapid transit and frequent bus lines

  • 80 / 100 Very Bikeable

    Highly suitable for bicycle commuting and/or recreation

  • 40 / 100 Fairly car friendly

    Arteries nearby, but traffic congestion and parking problems are possible

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 80 / 100 Cafes

    Wide variety of cafés within a few minutes

  • 80 / 100 Nightlife

    Wide variety of bars within a few minutes

  • 80 / 100 Shopping

    Wide variety of shops within a few minutes

  • 70 / 100 Parks

    Large amount of park space nearby

  • 80 / 100 Noise Level

    Very few sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Michigan Terrace

Where is Michigan Terrace located?

Michigan Terrace is located at 1025 Packard St near the Central Ann Arbor area of Ann Arbor, MI

What is the current rent range at Michigan Terrace?

2 Bedroom to 3 Bedroom Apartments at Michigan Terrace currently range from $1,395 to $1,995

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Michigan Terrace is: New Lower Rents!~~New Lower Rents!.

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Michigan Terrace Apartments are 26.9% cheaper than the average apartment in the Central Ann Arbor area, and 32.25% cheaper than the average apartment city-wide.

    Rent Comparison to the Central Ann Arbor Neighborhood

    FloorplanLowest Price Here*Neighborhood Avg RentNbhd Avg RentCost Difference%
    2 Bedroom$1,395$2,198-$803-36.5%
    3 Bedroom$1,995$2,413-$418-17.3%
    Prices shown for this property are the Total Monthly Price including Fees.

    Rent Comparison to the city of Ann Arbor

    FloorplanLowest Price Here*City Average RentCost Difference%
    2 Bedroom$1,395$2,184-$789-36.1%
    3 Bedroom$1,995$2,785-$790-28.4%
    Prices shown for this property are the Total Monthly Price including Fees.

    Methodology: On 08/02/2026, ApartmentHomeLiving.com compared current rents by floorplan to 260 other apartment communities in the immediate area around Michigan Terrace (Central Ann Arbor), and 504 other apartment communities in Ann Arbor using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 08/02/2026

    * Price shown is Total Monthly Price including fees

  • Transit Friendly 3.2

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Nearby Schools

Tappan Middle School

Ann Arbor Public Schools
2251 East Stadium Boulevard
Public School - Grades 6-8 (684 Students)
In Attendance Zone3 minute drive / 1.0 miles away
8/10

Burns Park Elementary School

Ann Arbor Public Schools
1414 Wells Street
Public School - Grades K-5 (460 Students)
In Attendance Zone1 minute drive / 0.3 miles away
10/10

Pioneer High School

Ann Arbor Public Schools
601 West Stadium Boulevard
Public School - Grades 9-12 (1726 Students)
In Attendance Zone2 minute drive / 0.9 miles away
9/10
Contact Us About Nearby Schools
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Michigan Terrace.

Big Box and Retail

Walgreens

317 S State St
1 minute drive / 0.61 miles away

Macy's

700 Briarwood Cir
4 minute drive / 2.0 miles away

Jcpenney

500 Briarwood Cir
4 minute drive / 2.06 miles away

Colleges and Universities

University of Michigan at Ann Arbor

500 South State Steeet
3 minute drive / 1.15 miles away

Washtenaw Community College

4800 East Huron River Drive
8 minute drive / 3.87 miles away

Eastern Michigan University

900 Oakwood Street
11 minute drive / 5.52 miles away

Groceries

Aldi

2340 Dexter Ave
4 minute drive / 2.25 miles away

Galleria Market

3099-3111 Packard Rd
5 minute drive / 2.74 miles away

Meijer

3825 Carpenter Rd
8 minute drive / 4.11 miles away

Hospitals

University Of Michigan Health System

1500 E Medical Center Drive, Spc 5474
3 minute drive / 1.2 miles away

St. Joseph Mercy Hospital

5301 E Huron River Dr
8 minute drive / 4.14 miles away

The Center For Forensic Psychiatry

8303 Platt Road
15 minute drive / 7.33 miles away

Shopping Centers

Ann Arbor Plaza

1220 S University Dr
1 minute drive / 0.47 miles away

Tally Hall/ann Arbor

Liberty
1 minute drive / 0.66 miles away

Liberty Square

505 E Liberty St
2 minute drive / 0.67 miles away

Michigan Terrace has 5 shopping centers within 1.3 miles.

Nearby Neighborhoods

Yost

Studio to 7 Bedroom Apartments from $1,058
View Rentals

Lower Burns Park

Studio to 7 Bedroom Apartments from $750
View Rentals

South University

Studio to 7 Bedroom Apartments from $750
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Ann Arbor Studio Apartments $1,990$1,020$2,758
Ann Arbor 1 Bedroom Apartments $1,881$825$3,702
Ann Arbor 2 Bedroom Apartments $2,184$846$4,424
Ann Arbor 3 Bedroom Apartments $2,785$887$5,051
Ann Arbor 4 Bedroom Apartments $1,760$895$4,400
Ann Arbor 5 Bedroom Apartments $2,195$750$5,500
Ann Arbor 6 Bedroom Apartments $4,596$1,321$7,200

Browse Top Apartments in Ann Arbor

By Price

By Community Type

By Amenities

Viewing: Michigan Terrace | Desktop Version | Listing Updated: 07/10/2026 | AHLGLD