Cheap Apartments for Rent in Ypsilanti, MI from $500 (123 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ypsilanti.

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
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1305 S Congress St
Rent Specials
$957 - $1,237
Total Monthly Price

Total Monthly Price

Base Rent
$957 - $1,237
Total Monthly Price
$957 - $1,237
Studio to 3 Bedroom Apartments Available Now

1305 S Congress St

1305 S Congress StYpsilanti, MI 48197
Student Housing
  • Verified
  • Low Income
  • 3D Tour

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 Available Now

Lake Pointe

5900 Bridge RdYpsilanti, MI 48197
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Tower Apartments
$995 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,600
Total Monthly Price
$995 - $1,600
Studio to 3 Bedroom Apartments Available May 1

Tower Apartments

913 Washtenaw AveYpsilanti, MI 48197
Student Housing
  • Verified
  • Utilities Included
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311 Jarvis Street
$1,095 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,295
Total Monthly Price
$1,095 - $1,295
1 to 2 Bedroom Apartments Available Aug 1

311 Jarvis Street

311 Jarvis StYpsilanti, MI 48197
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • 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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Covington Apartments
Rent Specials
$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
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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102 Spring St
$1,150 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,450
Total Monthly Price
$1,150 - $1,450
1 to 2 Bedroom Apartment Available Now

102 Spring St

102 Spring StYpsilanti, MI 48197
Affordability
  • Smoke Free

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

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

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Fairway Trails
Rent Specials
$1,179 - $1,559
Total Monthly Price

Total Monthly Price

Base Rent
$1,179 - $1,559
Total Monthly Price
$1,179 - $1,559
1 to 2 Bedroom Apartments Available Apr 29

Fairway Trails

214 S Hewitt RdYpsilanti, MI 48197
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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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
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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Showing Results 1-50, Page 1 of 3

Ypsilanti, MI Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ypsilanti, MI

Pricing Updated: 04/28/2026

Current apartment rentals in the Ypsilanti, MI area range in price from $795 to $3,347 with an overall median price of $1,925. The three Ypsilanti neighborhoods with the lowest median rent pricing are Prospect Park at $795, Gault Village at $795, and Nancy Park at $795. 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$1,549$79573
Gault Village$1,599$79580
Nancy Park$1,599$79561
Normal Park$1,672$875146
College Heights$1,910$875169
Depot Town$2,000$87516
Midtown Ypsilanti$2,000$90013
Downtown Ypsilanti$2,500$87563
Ford Lake$2,500$80550

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 $730. 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$730
Harvey Place1 Bed 1 Bath Apt.1BR,1BA$745
River Street ApartmentsStudioStudio,1BA$875
Country Meadows1 Bedroom1BR,1BA$899
Renaissance ApartmentsStudioStudio,1BA$900
Aspen ChaseAlgonac1BR,1BA$929
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$943
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$950

Best Value Apartments for Rent in Ypsilanti, MI

As of April 28, 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$1.14
Peninsular Place2 Bed 2 Bath2BR,2BA$0.99
River Drive ApartmentsBirch with Balcony 2nd Floor2BR,1BA$1.40
Camelot Apartments2BR/1BA - Upgrade2BR,1BA$1.18
RoundtreeThe Birch1BR,1BA$1.36
127 College Pl - Utilities Included1 Bedroom1BR,1BA$1.32
Harvey Place2 Bed 1 Bath Apt.2BR,1BA$1.37
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$1.41

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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 #32

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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See the most popular apartments and homes in Ypsilanti, MI

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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 Harvey Place which is listed at $745, while the average apartment in Ypsilanti costs $1,925.

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 357 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 $642 which is $1,283 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

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

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

Written by: Tim Brown

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

Written by: Tim Brown

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

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.