
Cheap Apartments for Rent in the Downtown Ypsilanti Neighborhood of Ypsilanti, MI from $400 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ypsilanti area of Ypsilanti.


River Street Apartments

26-30 N Huron St

113 N Hamilton St

Renaissance Apartments

404 Forest

Total Monthly Price
238 N Summit St, Unit Apt 2

River Drive Apartments

Arbor One Apartments

Campbell Apartments
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.

Total Monthly Price
River Rain Apartments

Total Monthly Price
504 Saint Johns St

Total Monthly Price
409 Washtenaw Rd, Unit 2

Total Monthly Price
The Red Lion

Country Meadows

Woodcreek Apartments

Total Monthly Price
1100 W Michigan Ave

Cross Street Apartments (JAB Ypsi LLC)

Cross Street Village

124 College Pl, Unit 1
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.

Total Monthly Price
Huron Heights/Huron Ridge

Eastern Lofts Apartment Homes

Total Monthly Price
1043 Madison St, Unit Lower

Meadows

Total Monthly Price
1305 S Congress St

Total Monthly Price
416 N Huron St, Unit #3

118 College Pl

Perrin Street Apartments

1180-1198 E Cross St

Total Monthly Price
414 Perrin St, Unit 1
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.

Huron Vista

811 Washtenaw Ave, Unit 3

201 N Park St

206 N Normal St

508 N Hamilton St

208 N Hamilton St

719 W CROSS ST.

207 Perrin St

424 Madison St

Eagles Nest Apartments
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.

Browning Court Apartments

North Rosewood

North Redwood

108 Washtenaw Ave

211 N Washington St

815-829 E George Pl

224 W Michigan

525 N Adams St

922 Holmes Apartments

Hamilton Crossing
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

How much does it cost to rent an apartment in Downtown Ypsilanti?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ypsilanti Studio Apartments | $986 | $875 | $1,222 |
| Downtown Ypsilanti 1 Bedroom Apartments | $1,113 | $900 | $1,492 |
| Downtown Ypsilanti 2 Bedroom Apartments | $1,356 | $950 | $2,250 |
| Downtown Ypsilanti 3 Bedroom Apartments | $1,572 | $1,100 | $2,400 |
| Downtown Ypsilanti 4 Bedroom Apartments | $1,225 | $450 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 70 rentals with your search options within a 2 mile radius of the Downtown Ypsilanti Neighborhood of Ypsilanti, MI.
See all Apartments in YpsilantiExplore Ypsilanti
Downtown Ypsilanti, Ypsilanti, MI Local Guide
- Nearby Ypsilanti neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 206 N Normal St | 206-2 Room for rent | Studio,1BA | $650 |
| 208 N Hamilton St | Efficiency | Studio,1BA | $800 |
| River Street Apartments | Studio | Studio,1BA | $875 |
| Towne Centre Place 62+ | Senior Income-Based 1 BR, 1 BA | 1BR,1BA | $943 |
| Campbell Apartments | Campbell Apartments NEW - 800-2... | 2BR,1BA | $950 |
| Arbor One Apartments | The Bronco | 1BR,1BA | $950 |
| 220 N Hamilton St | 1 Bed 1 Bath Apt. | 1BR,1BA | $1,050 |
| Cross Street Apartments (JAB Ypsi LLC) | Cross Street Apartments - One Bedroom | 1BR,1BA | $1,100 |
| Cross Street Village | One Bedroom Apartment | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huron Heights/Huron Ridge | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.25 |
| Cross Street Village | Two Bedroom Apartment | 2BR,1BA | $1.08 |
| 414 Perrin St | 414 Perrin St | 3BR,2BA | $1.10 |
| Peninsular Place | 2 Bed 2 Bath | 2BR,2BA | $0.99 |
| River Drive Apartments | Birch with Balcony 2nd Floor | 2BR,1BA | $1.40 |
| 1043 Madison St, Unit Lower | 1043 Madison St | 1BR,1BA | $1.41 |
| River Street Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
| Campbell Apartments | Campbell Apartments NEW - 800-2... | 2BR,1BA | $1.41 |
| 409 Washtenaw Rd, Unit 2 | 409 Washtenaw Rd | 1BR,1BA | $1.62 |
| Towne Centre Place 62+ | Senior Income-Based 1 BR, 1 BA | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Ypsilanti, Ypsilanti, MI
Ranked #12
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.

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.

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.

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.