Cheap Apartments for Rent in Ypsilanti, MI from $400 (125 Rentals)

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130 College Pl, Unit 1
$450
Total Monthly Price

Total Monthly Price

Base Rent
$450
Total Monthly Price
$450
4 Bedroom Apartment Available Aug 29

130 College Pl, Unit 1

130 College PlYpsilanti, MI 48197
Cost Per Sq.Ft.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 118 College Pl

$900 - $1,200

2 Bedroom Rentals

Available Now

118 College Pl

YpsilantiMI48197

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Lake Pointe
Rent Specials
$995 - $1,135
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,135
Total Monthly Price
$995 - $1,135
1 to 2 Bedroom Apartments Contact Us For Availability

Lake Pointe

5900 Bridge RdYpsilanti, MI 48197
Affordability
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  • Utilities Included
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504 Saint Johns St
$1,045 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,295
Total Monthly Price
$1,045 - $1,295
Studio to 2 Bedroom Apartments Available Aug 1

504 Saint Johns St

504 Saint JohnYpsilanti, MI 48197
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1100 W Michigan Ave
$1,095 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,250
Total Monthly Price
$1,095 - $1,250
1 to 2 Bedroom Apartments Available Now

1100 W Michigan Ave

1100 W Michigan AveYpsilanti, MI 48197
Affordability
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  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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406 N Hamilton St, Unit 4
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
Studio Apartment Available Now

406 N Hamilton St, Unit 4

406 N Hamilton StYpsilanti, MI 48197
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Covington Apartments
$1,110 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$1,110 - $1,660
Total Monthly Price
$1,110 - $1,660
1 to 3 Bedroom Apartments Available Now

Covington Apartments

1926 Washtenaw AveYpsilanti, MI 48197
Pet Friendly
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The Ranches Of Rosebrook
Rent Specials
$1,115 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $1,150
Total Monthly Price
$1,115 - $1,150
2 Bedroom Apartments Available Now

The Ranches Of Rosebrook

204 S Harris StYpsilanti, MI 48198
Student Housing
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  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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1305 S Congress St
Rent Specials
$1,162 - $1,237
Total Monthly Price

Total Monthly Price

Base Rent
$1,162 - $1,237
Total Monthly Price
$1,162 - $1,237
Studio to 3 Bedroom Apartments Available Now

1305 S Congress St

1305 S Congress StYpsilanti, MI 48197
Student Housing
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Chestnut Lake
Rent Specials
$1,220 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $1,765
Total Monthly Price
$1,220 - $1,765
1 to 3 Bedroom Apartments Available Now

Chestnut Lake

1450 Chestnut DrYpsilanti, MI 48197
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802 Lowell St, Unit #2
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
2 Bedroom Apartment Available Now

802 Lowell St, Unit #2

802 Lowell StYpsilanti, MI 48197
Cost Per Sq.Ft.
  • Smoke Free

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

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Ypsilanti, MI Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ypsilanti, MI

Pricing Updated: 06/12/2026

Current apartment rentals in the Ypsilanti, MI area range in price from $450 to $3,347 with an overall median price of $1,949. The three Ypsilanti neighborhoods with the lowest median rent pricing are Prospect Park at $450, Gault Village at $450, and Nancy Park at $450. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Ypsilanti Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Prospect Park$1,649$450101
Gault Village$1,664$450100
Nancy Park$1,679$45093
Normal Park$1,697$715194
College Heights$1,904$715214
Depot Town$1,950$87514
Midtown Ypsilanti$2,000$45015
Downtown Ypsilanti$2,500$45077
Ford Lake$2,500$45058

Cheapest Available Ypsilanti Apartments for Rent

 

The cheapest available apartment rental in Ypsilanti, MI is a Studio unit found at 206 N Normal St in the Blue Heron Pointe neighborhood priced from $650. 208 N Hamilton St in the Blue Heron Pointe neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $660. Here is today’s list of the most affordable Ypsilanti apartments for rent:

Apartment ListingModel NameBed/BathPriced From
206 N Normal St206-2 Room for rentStudio,1BA$650
208 N Hamilton StStudio/ Shared BathStudio,1BA$660
River Street ApartmentsStudioStudio,1BA$875
Renaissance ApartmentsStudioStudio,1BA$900
Aspen ChaseAlgonac1BR,1BA$929
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$943
Harvey Place2 Bed 1 Bath Apt.2BR,1BA$945
Golfside LakeErieStudio,1BA$949
EvergreenAbbot1BR,1BA$949
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$950

Best Value Apartments for Rent in Ypsilanti, MI

As of June 12, 2026 the best value apartment in the Ypsilanti area is the $1.03 price per square foot 110 Woodward St Model at 110 Woodward St, Unit Lower Level in the in the Blue Heron Pointe neighborhood starting from $1,950. The second greatest value Ypsilanti apartment is the 3 Bedroom Model at Oakridge Apartments starting at $1,599 with a $1.25 price per square foot in the Prospect Pointe neighborhood. Here is today’s list of the best values for Ypsilanti apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
110 Woodward St, Unit Lower Level110 Woodward St3BR,1BA$1.03
Oakridge Apartments3 Bedroom3BR,2BA$1.25
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.08
Schooner CoveThe Belleville3BR,2BA$1.39
Eastern Lofts Apartment HomesCALLERY2BR,1.5BA$1.19
Peninsular Place2 Bed 2 Bath2BR,2BA$0.99
RoundtreeThe Birch1BR,1BA$1.29
127 College Pl - Utilities Included1 Bedroom1BR,1BA$1.32
Harvey Place2 Bed 1 Bath Apt.2BR,1BA$1.37
208 N Hamilton StStudio/ Shared BathStudio ,1BA$1.30

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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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Ypsilanti Overview

Whether you like the hustle and bustle of university life, the quiet settings of great outdoor spaces, or prefer to enjoy Midwest history, life in Ypsilanti apartments has plenty to offer. Eastern Michigan University has more than 20,000 students, set against a preserved historic Ypsilanti downtown that evokes memories of America's great industrial history. Ypsilanti is close to Detroit, making it easy to get out of town for business or family holidays.

Why live in Ypsilanti, MI?

Ypsilanti is a great combination of university town and historic Midwest city. The university and the city host several cultural events, and food options range from classic American to a wide variety of international cuisines. When you need to get away from it all or want to expand your horizons, Ypsilanti's location between Ann Arbor and Detroit gives you several options.

Pet Friendly Lifestyle
Ypsilanti, MI

Ranked #24

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ypsilanti, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ypsilanti, MI Rentals by Map

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Frequently Asked Questions about Cheap Ypsilanti Apartments

What is a cheap apartment in Ypsilanti?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ypsilanti is under $950.

What is the price of a cheap apartment in Ypsilanti?

The cheapest apartment in Ypsilanti is River Street Apartments which is listed at $900, while the average apartment in Ypsilanti costs $1,949.

What types of apartments are the cheapest in Ypsilanti?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 541 regular apartments in Ypsilanti that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ypsilanti?

Cheap apartments in Ypsilanti have an average cost of $685 which is $1,264 cheaper than the average rent for all rentals in Ypsilanti.

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.

Helpful Local Expert Guides

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

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Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

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Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.