Cheap Homes for Rent in Downtown Ypsilanti Neighborhood of Ypsilanti, MI from $800 (3 Rentals)

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

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

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

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

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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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Frequently Asked Questions about Downtown Ypsilanti

What type of rentals are currently available in Downtown Ypsilanti?

There are currently 172 Apartments for Rent in Downtown Ypsilanti, MI with pricing that ranges from $450 to $2,500. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ypsilanti ranging from $850 to $3,150.

What is the current price range for Rental Homes in Downtown Ypsilanti?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ypsilanti ranges from $850 to $3,150 with an average monthly rent of $1,599.

How much are larger Three and Four Bedroom Rentals in Downtown Ypsilanti?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Ypsilanti range from $1,162 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $450.

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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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.