Cheap Apartments for Rent in the Downtown Ypsilanti Neighborhood of Ypsilanti, MI from $400 (55 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.
property at 118 College Pl

$900 - $1,200

2 Bedroom Rentals

Available Now

118 College Pl

YpsilantiMI48197

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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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
Affordability
  • Verified
  • Customer Reviewed
  • 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 Now

1100 W Michigan Ave

1100 W Michigan AveYpsilanti, MI 48197
Affordability
  • Verified
  • 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.

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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
Affordability
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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
  • Smoke Free
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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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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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EMUCampus Apt Bldg
Studio to 2 Bedroom Apartments

EMUCampus Apt Bldg

512 WashtenawYpsilanti, MI 48197
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Eagles Nest Apartments
1 to 2 Bedroom Apartments

Eagles Nest Apartments

329 Jarvis StYpsilanti, MI 48197
  • 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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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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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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224 W Michigan
Studio to 1 Bedroom Apartments

224 W Michigan

224-226 W Michigan AveYpsilanti, MI 48197
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Hamilton Crossing
1 to 3 Bedroom Apartments

Hamilton Crossing

596 S Hamilton StYpsilanti, MI 48197
  • 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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314 Pearl St
1 to 2 Bedroom Apartments

314 Pearl St

314 Pearl StYpsilanti, MI 48197
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410 W Forest Ave
Studio to 2 Bedroom Apartments

410 W Forest Ave

410 W Forest AveYpsilanti, MI 48197
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Towne Centre Place 62+
1 to 2 Bedroom Apartments

Towne Centre Place 62+

401 W Michigan AveYpsilanti, MI 48197
Senior Living
  • Utilities Included
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220 N Hamilton St
1 to 3 Bedroom Apartments

220 N Hamilton St

220 N Hamilton StYpsilanti, MI 48197
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Tower Apartments
Studio to 3 Bedroom Apartments

Tower Apartments

913 Washtenaw AveYpsilanti, MI 48197
Student Housing
  • Utilities Included
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Arbor One West
2 to 3 Bedroom Apartments

Arbor One West

815-855 Green RdYpsilanti, MI 48198
  • Utilities Included
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The Landing
Studio to 3 Bedroom Apartments

The Landing

416 Perrin StYpsilanti, MI 48197
Corporate Housing
  • Utilities Included
property at 434 N Hamilton St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

434 N Hamilton St

YpsilantiMI48197

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.

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 $660. 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 StStudio/ Shared BathStudio,1BA$660
River Street ApartmentsStudioStudio,1BA$875
Renaissance ApartmentsStudioStudio,1BA$900
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
127 College Pl - Utilities Included1 Bedroom1BR,1BA$990
River Drive ApartmentsMaple Garden Level1BR,1BA$1,095
715 Washtenaw Road715-777 Washtenaw- Classic1BR,1BA$1,099

Best Value Apartments for Rent in Downtown Ypsilanti, MI

As of June 12, 2026 the best value apartment in the Downtown 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 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.
110 Woodward St, Unit Lower Level110 Woodward St3BR,1BA$1.03
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.08
The Red LionGATED TWO BEDROOM WITH LAUNDRY2BR,1BA$1.42
Peninsular Place2 Bed 2 Bath2BR,2BA$0.99
802 Lowell St, Unit #2802 Lowell St2BR,1BA$1.41
1100 W Michigan Ave2 bedroom2BR,1BA$1.44
River Street Apartments2 Bedroom2BR,1BA$1.44
127 College Pl - Utilities Included1 Bedroom1BR,1BA$1.32
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$1.41
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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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 #11

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 a cheap apartment in Downtown Ypsilanti?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ypsilanti is under $1,099.

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 $2,500.

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 42 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 $678 which is $1,822 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

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

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.