

- Student Housing
- 2–3 Bedrooms
- $1,395-$1,995 Total Monthly Price
Total Monthly Price
Base Rent$1,395 - $1,995Total Monthly Price$1,395 - $1,995 - 525–750 Square Feet
Rent Specials
New Lower Rents!~~New Lower Rents!
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (734) 821-3365
- Disclaimer:
Floorplan Pricing and Availability
Michigan Terrace offers 2 to 3 Bedroom apartments starting from $1,395 and having 525–750 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
2 Bedrooms
2 Bedroom
$1,395
2 Beds, 1 Bath, 525 sq ftTotal Monthly PriceAvailable Aug 28Total Monthly Price
Base Rent$1,395Total Monthly Price$1,395Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,395 August 28, 2026 103 525 Unit 103 Lease Information
Unit Price
- $1,395Total Monthly PriceBase Rent: $1,395Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Price
- $1,395Total Monthly Price
Apartment Unit: 103Apartment Model: 2 Bedroom$1,3952 Bedroom, 1 Bath, 525 sq ftAvailable August 28, 2026- $1,395Total Monthly Price
3 Bedrooms
3 Bedroom
$1,995
3 Beds, 1 Bath, 750 sq ftTotal Monthly PriceAvailable Aug 28Total Monthly Price
Base Rent$1,995Total Monthly Price$1,995Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,995 August 28, 2026 104 750 Unit 104 Lease Information
Unit Price
- $1,995Total Monthly PriceBase Rent: $1,995Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Price
- $1,995Total Monthly Price
Apartment Unit: 104Apartment Model: 3 Bedroom$1,9953 Bedroom, 1 Bath, 750 sq ftAvailable August 28, 2026- $1,995Total Monthly Price
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Property Information
- 17 Units
- 3 Stories
- Built in 1961
Lease Terms
- 12 mo
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
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.

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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
Learn more about Lifestyle SearchNearby Schools
Tappan Middle School
Burns Park Elementary School
Pioneer High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Michigan Terrace.
Big Box and Retail
Walgreens
Macy's
Jcpenney
Colleges and Universities
Groceries
Aldi
Galleria Market
Meijer
Hospitals
University Of Michigan Health System
St. Joseph Mercy Hospital
The Center For Forensic Psychiatry
Shopping Centers
Michigan Terrace has 5 shopping centers within 1.3 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ann Arbor Studio Apartments | $1,804 | $949 | $3,060 |
| Ann Arbor 1 Bedroom Apartments | $1,749 | $800 | $3,725 |
| Ann Arbor 2 Bedroom Apartments | $2,097 | $846 | $4,175 |
| Ann Arbor 3 Bedroom Apartments | $2,545 | $655 | $4,575 |
| Ann Arbor 4 Bedroom Apartments | $1,908 | $800 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $1,946 | $895 | $5,500 |
| Ann Arbor 6 Bedroom Apartments | $4,918 | $1,295 | $8,900 |
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