Cheap Apartments for Rent in the Depot Town Neighborhood of Ypsilanti, MI from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Depot Town area of 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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508 N Hamilton St
Studio to 1 Bedroom Apartments

508 N Hamilton St

508 N Hamilton StYpsilanti, MI 48197

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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108 Washtenaw Ave
Studio to 2 Bedroom Apartments

108 Washtenaw Ave

108 Washtenaw AveYpsilanti, MI 48197
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211 N Washington St
Studio to 2 Bedroom Apartments

211 N Washington St

211 N Washington StYpsilanti, MI 48197
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525 N Adams St
1 to 2 Bedroom Apartments

525 N Adams St

525 N Adams StYpsilanti, MI 48197
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314 Pearl St
1 to 2 Bedroom Apartments

314 Pearl St

314 Pearl StYpsilanti, MI 48197
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220 N Hamilton St
1 to 3 Bedroom Apartments

220 N Hamilton St

220 N Hamilton StYpsilanti, MI 48197

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.

Depot Town, Ypsilanti, MI Local Guide

Cheapest Available Depot Town Apartments for Rent

 

The cheapest available apartment rental in the Depot Town area of Ypsilanti, MI is a Studio unit found at 208 N Hamilton St priced from $730. River Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Depot Town apartments for rent in Ypsilanti, MI:

Apartment ListingModel NameBed/BathPriced From
208 N Hamilton StStudio/ Shared BathStudio,1BA$730
River Street ApartmentsStudioStudio,1BA$875
Cross Street VillageOne Bedroom Apartment1BR,1BA$1,100
220 N Hamilton St3 Bed 1 Bath Apt.3BR,1BA$1,140

Best Value Apartments for Rent in Depot Town, MI

As of April 20, 2026 the best value apartment in the Depot Town 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 Depot Town apartment is the Two Bedroom Apartment Model at Cross Street Village starting at $1,425 with a $1.14 price per square foot in the Aspen Ridge Village neighborhood. Here is today’s list of the best values for Depot Town 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
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.14
River Street Apartments2 Bedroom2BR,1BA$1.44
406 N Hamilton St, Unit 4406 N Hamilton StStudio ,1BA$1.74
220 N Hamilton St3 Bed 1 Bath Apt.3BR,1BA$1.62
313 Washtenaw Rd313 Washtenaw Rd2BR,1BA$1.67
509 N Adams St, Unit #3509 N Adams St1BR,1BA$2.00
208 N Hamilton StStudio/ Shared BathStudio ,1BA$1.44

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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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Depot Town, Ypsilanti, MI

Ranked #17

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Depot Town Apartments

What is the price of a cheap apartment in Depot Town?

The cheapest apartment in Depot Town is River Street Apartments which is listed at $900, while the average apartment in Depot Town costs $2,000.

What types of apartments are the cheapest in Depot Town?

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 9 regular apartments in Depot Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Articles, How-To's, and Tips

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.