Cheap Apartments for Rent in the Downtown Ypsilanti Neighborhood of Ypsilanti, MI from $400 (70 Rentals)

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

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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.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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River Rain Apartments
$992 - $1,217
Total Monthly Price

Total Monthly Price

Base Rent
$992 - $1,217

Total Monthly Price
$992 - $1,217
2 Bedroom Apartments Contact Us For Availability

River Rain Apartments

1110-1130 N Huron River DrYpsilanti, MI 48197
Student Housing
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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 Sep 1

504 Saint Johns St

504 Saint JohnYpsilanti, MI 48197
Affordability
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  • Utilities Included
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409 Washtenaw Rd, Unit 2
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
1 Bedroom Apartment Available Now

409 Washtenaw Rd, Unit 2

409 Washtenaw RdYpsilanti, MI 48197
Affordability
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The Red Lion
Rent Specials
$1,060 - $1,410
Total Monthly Price

Total Monthly Price

Base Rent
$1,060 - $1,410

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 4

The Red Lion

159-209 S Grove StYpsilanti, MI 48198
Student Housing
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  • Utilities Included
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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 Aug 7

1100 W Michigan Ave

1100 W Michigan AveYpsilanti, MI 48197
Affordability
  • Verified
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1305 S Congress St
Rent Specials
$1,222
Total Monthly Price

Total Monthly Price

Base Rent
$1,222

Total Monthly Price
$1,222
Studio to 3 Bedroom Apartments Available Now

1305 S Congress St

1305 S Congress StYpsilanti, MI 48197
Student Housing
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416 N Huron St, Unit #3
$1,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225
1 Bedroom Apartment Available Sep 12

416 N Huron St, Unit #3

416 N Huron StYpsilanti, MI 48197
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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206 N Normal St
Studio to 4 Bedroom Apartments

206 N Normal St

206 N Normal StYpsilanti, MI 48197
  • Utilities Included
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508 N Hamilton St
Studio to 1 Bedroom Apartments

508 N Hamilton St

508 N Hamilton StYpsilanti, MI 48197
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719 W CROSS ST.
Studio to 2 Bedroom Apartments

719 W CROSS ST.

719 W Cross StYpsilanti, MI 48197
Student Housing
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207 Perrin St
1 Bedroom Apartments

207 Perrin St

207 Perrin StYpsilanti, MI 48197
Student Housing
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424 Madison St
Studio to 1 Bedroom Apartments

424 Madison St

424 Madison StYpsilanti, MI 48197
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Eagles Nest Apartments
1 to 2 Bedroom Apartments

Eagles Nest Apartments

329 Jarvis StYpsilanti, MI 48197
  • Utilities Included

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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North Rosewood
1 to 2 Bedroom Apartments

North Rosewood

755-825 N Rosewood StYpsilanti, MI 48198
  • Utilities Included
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North Redwood
1 to 2 Bedroom Apartments

North Redwood

720-820 N Redwood AveYpsilanti, MI 48198
  • Utilities Included
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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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815-829 E George Pl
2 to 4 Bedroom Apartments

815-829 E George Pl

815-829 E George PlYpsilanti, MI 48198
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224 W Michigan
Studio to 1 Bedroom Apartments

224 W Michigan

224-226 W Michigan AveYpsilanti, 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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922 Holmes Apartments
2 Bedroom Apartments

922 Holmes Apartments

922-948 Holmes RdYpsilanti, MI 48198
Student Housing
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Hamilton Crossing
1 to 3 Bedroom Apartments

Hamilton Crossing

596 S Hamilton StYpsilanti, MI 48197
  • Utilities Included

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.

Downtown Ypsilanti, Ypsilanti, MI Local Guide

Cheapest Available Downtown Ypsilanti Apartments for Rent

 

The cheapest available apartment rental in the Downtown Ypsilanti area of Ypsilanti, MI is a Studio unit found at 206 N Normal St priced from $650. 208 N Hamilton St has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Downtown Ypsilanti apartments for rent in Ypsilanti, MI:

Apartment ListingModel NameBed/BathPriced From
206 N Normal St206-2 Room for rentStudio,1BA$650
208 N Hamilton StEfficiencyStudio,1BA$800
River Street ApartmentsStudioStudio,1BA$875
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$943
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$950
Arbor One ApartmentsThe Bronco1BR,1BA$950
220 N Hamilton St1 Bed 1 Bath Apt.1BR,1BA$1,050
Cross Street Apartments (JAB Ypsi LLC)Cross Street Apartments - One Bedroom1BR,1BA$1,100
Cross Street VillageOne Bedroom Apartment1BR,1BA$1,100

Best Value Apartments for Rent in Downtown Ypsilanti, MI

As of July 30, 2026 the best value apartment in the Downtown Ypsilanti area is the $1.25 price per square foot 3 Bed 2 Bath Townhome Model at Huron Heights/Huron Ridge in the in the Aspen Ridge Village neighborhood starting from $1,625. The second greatest value Downtown Ypsilanti apartment is the Two Bedroom Apartment Model at Cross Street Village starting at $1,350 with a $1.08 price per square foot in the Aspen Ridge Village neighborhood. Here is today’s list of the best values for Downtown Ypsilanti apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Huron Heights/Huron Ridge3 Bed 2 Bath Townhome3BR,2BA$1.25
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.08
414 Perrin St414 Perrin St3BR,2BA$1.10
Peninsular Place2 Bed 2 Bath2BR,2BA$0.99
River Drive ApartmentsBirch with Balcony 2nd Floor2BR,1BA$1.40
1043 Madison St, Unit Lower1043 Madison St1BR,1BA$1.41
River Street Apartments2 Bedroom2BR,1BA$1.44
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$1.41
409 Washtenaw Rd, Unit 2409 Washtenaw Rd1BR,1BA$1.62
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$1.61

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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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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Quick Rent Budget Calculator

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
Downtown Ypsilanti, Ypsilanti, MI

Ranked #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Michigan including Downtown Ypsilanti, Ypsilanti, and the greater Ypsilanti area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Ypsilanti Apartments

What is the price of a cheap apartment in Downtown Ypsilanti?

The cheapest apartment in Downtown Ypsilanti is River Street Apartments which is listed at $900, while the average apartment in Downtown Ypsilanti costs $1,632.

What types of apartments are the cheapest in Downtown 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 33 regular apartments in Downtown 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 Downtown Ypsilanti?

Cheap apartments in Downtown Ypsilanti have an average cost of $637 which is $995 cheaper than the average rent for all rentals in Downtown 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.