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Varsity Management – 723 W Madison Apartments

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(734) 263-1391
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723 W Madison St, Ann Arbor, MI 48103

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Varsity Management – 723 W Madison

723 W Madison St
Ann Arbor, MI 48103
(734) 263-1391
Varsity Management – 723 W Madison in Ann Arbor, MI - Building Photo
  • 1–2 Bedrooms
  • $1,660-$1,975 Pricing
  • 721–1,004 Square Feet

Rent Specials

Limited-Time Special - Waived Fees and 9 Month Lease Term Offering!~~No application fee ($50 savings) + admin fee waived ($150 savings). 9-month lease option available. Ask for details!

About Varsity Management – 723 W Madison

Varsity Management – 723 W Madison is located in the Old West Side Neighborhood and 48103 Zip code of Ann Arbor, MI. This community is professionally managed by Varsity Management Inc

Unique Features and Amenities

  • 20 Min Walk From University Of Michigan

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Varsity Management – 723 W Madison offers 1 to 2 Bedroom apartments starting from $1,660 and having 721–1,004 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 1 Bedroom

    1BR/1.0BA

    $1,660

    1 Bed, 1 Bath, 721 sq ft
    Available Aug 21

    Availability Details

    PriceAvailability DateUnitDepositPhotos
    $1,660 August 21, 202602$2,490

    Unit 02 Amenities and Features

    Unique Features

    • For a monthly fee:
    • heat
    • water

    Unit 02 Rent and Fees

    Unit Price

    • $1,660
    • View Details and Rent Estimate

    Deposit

    • $2,490 deposit

    Unit Description

    Discover comfort and convenience in this inviting 1-bedroom apartment, located in Ann Arbor’s historic Old West Side. Perfect for graduate students or professionals, this pet-friendly home features a built-in microwave, air conditioning, and dishwasher for everyday ease. Enjoy onsite laundry, included parking, and an AATA bus stop right outside, providing quick access to downtown Ann Arbor and the University of Michigan. Pet-friendly—bring your dog or cat for a small monthly fee! Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Furniture may also be provided for an additional monthly fee. Call for details. **Images have been staged using Ai

    Model Rent and Fees

    Price

    • $1,660
  • 2 Bedrooms

    2BR/1.0BA

    From $1,950

    2 Beds, 1 Bath, 1004 sq ft
    Available Jul 30

    Availability Details

    PriceAvailability DateUnitDepositPhotosView Details
    $1,975 July 30, 202608$2,962
    $1,950 August 21, 202603$2,925
    $1,975 August 21, 202604$2,962

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Double Vanities
    • Fireplace
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower
    • Windows

    Kitchen

    • Dishwasher
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,950 - $1,975

    Deposit

    • $2,962 deposit

    Unit 08 Amenities and Features

    Unique Features

    • For a monthly fee:
    • heat
    • water

    Unit 08 Rent and Fees

    Unit Price

    • $1,975
    • View Details and Rent Estimate

    Deposit

    • $2,962 deposit

    Unit Description

    ?Enjoy modern comfort in this spacious 2-bedroom apartment featuring updated finishes, a cozy fireplace, built-in microwave, air conditioning, and a private balcony. Located in Ann Arbor’s charming Old West Side, you’ll have included parking, onsite laundry, and a bus stop right outside. This pet-friendly building welcomes both cats and dogs for a small monthly fee and is just minutes from downtown. Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Furniture may also be provided for an additional monthly fee. Call for details. **Images have been staged using Ai

    Model Rent and Fees

    Model Price Range

    • $1,950 - $1,975

    Unit 03 Amenities and Features

    Unique Features

    • For a monthly fee:
    • heat
    • water

    Unit 03 Rent and Fees

    Unit Price

    • $1,950
    • View Details and Rent Estimate

    Deposit

    • $2,925 deposit

    Unit Description

    Find comfort and convenience in this spacious 2-bedroom unfurnished apartment at 723 W. Madison, nestled in Ann Arbor’s desirable Old West Side. This pet-friendly home features a walk-out patio, built-in microwave, air conditioning, and dishwasher for everyday ease. Enjoy included parking, onsite laundry, and easy access to AATA bus lines, all just minutes from downtown Ann Arbor. Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Furniture may also be provided for an additional monthly fee. Call for details. **Images have been staged using Ai

    Model Rent and Fees

    Model Price Range

    • $1,950 - $1,975

    Unit 04 Amenities and Features

    Unique Features

    • For a monthly fee:
    • heat
    • water

    Unit 04 Rent and Fees

    Unit Price

    • $1,975
    • View Details and Rent Estimate

    Deposit

    • $2,962 deposit

    Unit Description

    ?Enjoy modern comfort in this spacious 2-bedroom apartment featuring updated finishes, a cozy fireplace, built-in microwave, air conditioning, and a private balcony. Located in Ann Arbor’s charming Old West Side, you’ll have included parking, onsite laundry, and a bus stop right outside. This pet-friendly building welcomes both cats and dogs for a small monthly fee and is just minutes from downtown. Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Furniture may also be provided for an additional monthly fee. Call for details. **Images have been staged using Ai

    Model Rent and Fees

    Model Price Range

    • $1,950 - $1,975
Price shown is base rent. 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

Schedule a Tour
Call us at: (734) 263-1391 to schedule a tour.

Property Information

  • 12 Units
  • 3 Stories
  • Built in 1968

Lease Terms

  • 9 - 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 Application
Application Fee Per ApplicantiCharged Per Unit.$0.00
Due at Move-In
Administrative FeeiAdmin Fee Waived (usually $150) Charged Per Applicant.$0.00

Utilities

Utility BundleiIncludes Heat and Water Charged Per Unit.$130.00/mo

Other Fees and Policies

Pet Fees

Cat
Pet DepositiCharged Per Pet.$0.00
Pet FeeiCharged Per Pet.$40.00/mo
Pet interview, Spayed/Neutered
Dog
Pet DepositiCharged Per Pet.$0.00
Monthly Pet FeeiCharged Per Pet.$40.00/mo
Pet interview, Spayed/Neutered

Parking Fees

Surface Lot
Parking FeeiCharged Per Vehicle.Included in Rent/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.

Features and Amenities

Unique Amenities

  • 20 Min Walk From University Of Michigan

On-Site Services

  • Trash Pickup Curbside
  • Recycling
  • Key Fob Entry
  • Laundry Facilities

Interior Features

  • Balcony
  • Windows
  • Tub/Shower
  • Heating
  • Double Vanities
  • Ceiling Fans
  • Fireplace
  • High Speed Internet Access
  • Cable Ready
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Oven
  • Kitchen

Living Area Features

  • Dining Room
  • Carpet

Outdoor Features

  • Deck

Student Features

  • Walk To Campus
Google Map

Map

723 W Madison St, Ann Arbor, MI 48103

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Varsity Management – 723 W Madison

Where is Varsity Management – 723 W Madison located?

Varsity Management – 723 W Madison is located at 723 W Madison St near the Old West Side area of Ann Arbor, MI

What is the current rent range at Varsity Management – 723 W Madison?

1 Bedroom to 2 Bedroom Apartments at Varsity Management – 723 W Madison currently range from $1,660 to $1,975

When is the leasing office open?

  • The office Hours for Varsity Management – 723 W Madison are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

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 Varsity Management – 723 W Madison is: Limited-Time Special - Waived Fees and 9 Month Lease Term Offering!~~No application fee ($50 savings) + admin fee waived ($150 savings). 9-month lease option available. Ask for details!.

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Varsity Management – 723 W Madison Apartments are 17.85% cheaper than the average apartment in the Old West Side area, and 7.75% cheaper than the average apartment city-wide.

    Rent Comparison to the Old West Side Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,660$2,241-$581-25.9%
    2 Bedroom$1,950$2,161-$211-9.8%

    Rent Comparison to the city of Ann Arbor

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,660$1,787-$127-7.1%
    2 Bedroom$1,950$2,128-$178-8.4%

    Methodology: On 05/13/2026, ApartmentHomeLiving.com compared current rents by floorplan to 102 other apartment communities in the immediate area around Varsity Management – 723 W Madison (Old West Side), and 688 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 05/13/2026

Learn more about Lifestyle Search

Nearby Schools

Pioneer High School

Ann Arbor Public Schools
601 West Stadium Boulevard
Public School - Grades 9-12 (1726 Students)
In Attendance Zone2 minute drive / 0.8 miles away
9/10

Slauson Middle School

Ann Arbor Public Schools
1019 West Washington Street
Public School - Grades 6-8 (715 Students)
In Attendance Zone1 minute drive / 0.5 miles away
9/10

Bach Elementary School

Ann Arbor Public Schools
600 West Jefferson Street
Public School - Grades K-5 (306 Students)
In Attendance Zone1 minute drive / 0.2 miles away
8/10
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 Varsity Management – 723 W Madison.

Big Box and Retail

Walgreens

317 S State St
3 minute drive / 1.17 miles away

Aldi

2340 Dexter Ave
4 minute drive / 1.44 miles away

Target

2000 Waters Rd
5 minute drive / 1.88 miles away

Colleges and Universities

University of Michigan at Ann Arbor

500 South State Steeet
5 minute drive / 1.92 miles away

Washtenaw Community College

4800 East Huron River Drive
10 minute drive / 4.89 miles away

Eastern Michigan University

900 Oakwood Street
13 minute drive / 6.53 miles away

Groceries

Aldi

2340 Dexter Ave
4 minute drive / 1.44 miles away

Galleria Market

3099-3111 Packard Rd
7 minute drive / 3.6 miles away

Meijer

5645 Jackson Rd
9 minute drive / 4.33 miles away

Hospitals

University Of Michigan Health System

1500 E Medical Center Drive, Spc 5474
5 minute drive / 1.9 miles away

St. Joseph Mercy Hospital

5301 E Huron River Dr
11 minute drive / 5.15 miles away

The Center For Forensic Psychiatry

8303 Platt Road
16 minute drive / 7.69 miles away

Shopping Centers

West Stadium Shopping Center

1924-1930 W Stadium Blvd
1 minute drive / 0.64 miles away

Stadium Row

2182-2196 W Stadium Blvd
2 minute drive / 0.82 miles away

Boulevard Plaza

2105-2145 W Stadium Blvd
2 minute drive / 0.87 miles away

Varsity Management – 723 W Madison has 5 shopping centers within 1.2 miles.

Nearby Neighborhoods

Old West Side

Studio to 6 Bedroom Apartments from $1,125
View Rentals

New West Side

Studio to 6 Bedroom Apartments from $655
View Rentals

Eberwhite

Studio to 6 Bedroom Apartments from $800
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Ann Arbor Studio Apartments $1,753$1,020$2,864
Ann Arbor 1 Bedroom Apartments $1,787$615$4,347
Ann Arbor 2 Bedroom Apartments $2,128$846$4,349
Ann Arbor 3 Bedroom Apartments $2,524$655$4,575
Ann Arbor 4 Bedroom Apartments $1,846$999$5,600
Ann Arbor 5 Bedroom Apartments $2,623$895$6,850
Ann Arbor 6 Bedroom Apartments $5,003$950$8,900

Browse Top Apartments in Ann Arbor

Viewing: Varsity Management – 723 W Madison | Desktop Version | Listing Updated: 05/12/2026 | AHLSLV