Cheap Apartments for Rent in Ypsilanti, MI from $500 (56 Rentals)

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

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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Village Grove Apartments
1 to 3 Bedroom Apartments

Village Grove Apartments

1103-1173 S Harris RdYpsilanti, MI 48198
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Harvey Place
1 Bedroom Apartments

Harvey Place

51-89 Riley CtYpsilanti, MI 48198
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Lakeview
3 Bedroom Apartments

Lakeview

9910 Geraldine StYpsilanti, MI 48197
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424 Madison St
Studio to 1 Bedroom Apartments

424 Madison St

424 Madison StYpsilanti, MI 48197

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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Eagles Nest Apartments
1 to 2 Bedroom Apartments

Eagles Nest Apartments

329 Jarvis StYpsilanti, MI 48197
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North Redwood
1 to 2 Bedroom Apartments

North Redwood

720-820 N Redwood AveYpsilanti, MI 48198
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North Rosewood
1 to 2 Bedroom Apartments

North Rosewood

755-825 N Rosewood StYpsilanti, MI 48198
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Golfside Apartments
Studio to 2 Bedroom Apartments

Golfside Apartments

2705 Golfside DrYpsilanti, MI 48197
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525 N Adams St
2 Bedroom Apartments

525 N Adams St

525 N Adams StYpsilanti, MI 48197
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Towne Centre Place 62+
1 Bedroom Apartments

Towne Centre Place 62+

401 W Michigan AveYpsilanti, MI 48197
Senior Living
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Hamilton Crossing
1 to 3 Bedroom Apartments

Hamilton Crossing

596 S Hamilton StYpsilanti, MI 48197
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parkhill Apartments
2 Bedroom Apartments

Parkhill Apartments

1932 Washtenaw RdYpsilanti, MI 48197
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410 W Forest Ave
1 to 2 Bedroom Apartments

410 W Forest Ave

410 W Forest AveYpsilanti, MI 48197
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314 Pearl St
2 Bedroom Apartments

314 Pearl St

314 Pearl StYpsilanti, MI 48197
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Aspen Chase
1 to 2 Bedroom Apartments

Aspen Chase

2960 International DrYpsilanti, MI 48197
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Campbell Apartments
2 Bedroom Apartments

Campbell Apartments

736 Campbell AveYpsilanti, MI 48198
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Woodcreek Apartments
2 Bedroom Apartments

Woodcreek Apartments

772 Woodcreek CtYpsilanti, MI 48198
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River Rain Apartments
2 Bedroom Apartments

River Rain Apartments

1110-1130 N Huron River DrYpsilanti, MI 48197
Student Housing
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Arbor One West
2 to 3 Bedroom Apartments

Arbor One West

815-855 Green RdYpsilanti, MI 48198
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The Landing
1 to 3 Bedroom Apartments

The Landing

416 Perrin StYpsilanti, MI 48197
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ypsilanti, MI Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ypsilanti, MI

Pricing Updated: 07/31/2025

Current apartment rentals in the Ypsilanti, MI area range in price from $775 to $3,241 with an overall median price of $2,388. The three Ypsilanti neighborhoods with the lowest median rent pricing are College Heights at $875, Depot Town at $775, and Gault Village at $775. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Ypsilanti Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
College Heights$2,183$875186
Depot Town$2,183$77589
Gault Village$2,183$77595
Nancy Park$2,183$77589
Normal Park$2,183$875185
Prospect Park$2,183$77587
Downtown Ypsilanti$2,800$87567
Ford Lake$2,800$77556
Midtown Ypsilanti$2,800$9508

Cheapest Available Ypsilanti Apartments for Rent

 

The cheapest available apartment rental in Ypsilanti, MI is a Studio unit found at The Red Lion in the Blue Heron Pointe neighborhood priced from $875. 211 N Washington St in the Aspen Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Ypsilanti apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Red LionNON GATED STUDIOStudio,1BA$875
211 N Washington StStudioStudio,1BA$900
108 Washtenaw AveStudioStudio,1BA$900
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$912
Aspen ChaseAlgonac1BR,1BA$929
Campbell ApartmentsCampbell Apartments NEW - 760-92BR,1BA$935
Camelot Apartments2BR/1BA - Upgrade2BR,1BA$985
Village Grove of Ypsilanti1 Bedroom1BR,1BA$995
EvergreenCarpenter1BR,1BA$999
922 Holmes Apartments2 Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Ypsilanti, MI

As of July 31, 2025 the best value apartment in the Ypsilanti area is the $0.88 price per square foot One Bedroom Apartment Model at Cross Street Village in the in the Aspen Ridge Village neighborhood starting from $1,100. The second greatest value Ypsilanti apartment is the 2 Bedroom 1 Bath Model at Arbor Circle Apartments starting at $1,445 with a $1.25 price per square foot in the Creekside Village East 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.
Cross Street VillageOne Bedroom Apartment1BR,1BA$0.88
Arbor Circle Apartments2 Bedroom 1 Bath2BR,1BA$1.25
Sparrow WoodFinchwood1BR,1.5BA$1.43
River Drive ApartmentsBirch with Balcony 2nd Floor2BR,1BA$1.37
Camelot Apartments2BR/1BA - Upgrade2BR,1BA$1.09
The VillasThe Archibald2BR,1BA$1.31
1043 Madison St, Unit Lower1043 Madison St1BR,1BA$1.41
311 Jarvis Street1 Bedroom1BR,1BA$1.41
922 Holmes Apartments2 Bedroom2BR,1BA$1.32
Campbell ApartmentsCampbell Apartments NEW - 760-92BR,1BA$1.39

Quick Rent Budget Calculator

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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 #35

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Ypsilanti, MI Rentals by Map

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Getting Around Ypsilanti, MI

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

16 / 100

Minimal Transit

It may be possible to get on a bus

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 $1,000.

What is the price of a cheap apartment in Ypsilanti?

The cheapest apartment in Ypsilanti is Towne Centre Place 62+ which is listed at $912, while the average apartment in Ypsilanti costs $2,388.

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 170 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 $1,096 which is $1,292 cheaper than the average rent for all rentals in Ypsilanti.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.