Cheap Apartments for Rent in Ann Arbor, MI from $400 (119 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ann Arbor.

property at 1546 Jones Dr

1546 Jones Dr

Ann ArborMI48105

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property at 1556 Jones

1556 Jones

Ann ArborMI48105
property at 785 N Maple Rd

785 N Maple Rd

Ann ArborMI48103
property at 528 S 5th Ave

528 S 5th Ave

Ann ArborMI48104
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Ann Arbor, MI Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ann Arbor, MI

Pricing Updated: 04/26/2025

Current apartment rentals in the Ann Arbor, MI area range in price from $890 to $9,400 with an overall median price of $5,469. The three Ann Arbor neighborhoods with the lowest median rent pricing are Allen at $949, Woodhaven Hills at $949, and Northeast Ann Arbor at $949. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ann Arbor Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Allen$1,962$949216
Woodhaven Hills$1,962$949295
Northeast Ann Arbor$1,997$949277
Yost$2,000$1,12411
Huron Hills Woodlands$2,016$949295
Huron Parkway$2,045$949256
Downtown Ann Arbor$2,200$899171
Carpenter$2,229$1,07974
Westover Hills$2,257$899101
Sister Lakes$2,259$899141

Cheapest Available Ann Arbor Apartments for Rent

 

The cheapest available apartment rental in Ann Arbor, MI is a 2 Beds unit found at Haverhill on Clark in the Aspen Ridge Village neighborhood priced from $949. Aspen Chase in the Aspen Ridge Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here is today’s list of the most affordable Ann Arbor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Haverhill on Clark2BD-F2BR,2BA$949
Aspen ChaseAlgonac1BR,1BA$959
EvergreenCarpenter1BR,1BA$1,079
Nob Hill Apartments0B1BStudio,1BA$1,125
South GroveA1BR,1BA$1,140
Chestnut LakeAlmond1BR,1BA$1,155
The VillasThe Brightmoor2BR,1BA$1,179
Golfside LakeHuron1BR,1BA$1,199
The Pines of Cloverlane ApartmentsMocha1BR,1BA$1,199
Brown Street Apartments2-Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Ann Arbor, MI

As of April 26, 2025 the best value apartment in the Ann Arbor area is the $0.75 price per square foot D2 Model at Saga Ann Arbor in the in the Chapel Hill neighborhood starting from $1,124. The second greatest value Ann Arbor apartment is the C1 Model at Blue Heron Pointe starting at $2,229 with a $1.54 price per square foot in the Wellesley Gardens neighborhood. Here is today’s list of the best values for Ann Arbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Saga Ann ArborD24BR,3BA$0.75
Blue Heron PointeC13BR,2.5BA$1.54
Six114 Bedroom 4 Bathroom C4BR,4BA$1.25
Legends Rosewood VillageAspen2BR,2BA$1.52
Lakestone Apartments2 Bedroom 1 Bath2BR,1BA$1.22
Sparrow WoodFinchwood1BR,1.5BA$1.43
IvanhoeSpacious 2 Bed / 1.5 Bath, Hardwood Floors, Bal...2BR,1.5BA$1.55
Arbor LandingsFir1BR,1BA$1.58
Brown Street Apartments2-Bedroom2BR,1BA$1.33
The VillasThe Cole2BR,1BA$1.37

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Ann Arbor Overview

Ann Arbor is the county seat of Washtenaw County and one of the largest cities in Michigan. According to the census done in 2015, the estimated population of persons living there is 117,070. Ann Arbor boasts of best public schools, research institutions and recreational parks among others. With the great research institutions present, it is a great place to live in, study and work.

Why live in Ann Arbor, MI?

" Ann Arbor is a great place to find an apartment for living. This is because there are many recreational parks, good transportation systems, reliable climate and also good universities as well as research facilities. There are numerous employment opportunities since major companies have been set up as a result of research facilities present. The city is known to have a large number of educated people and therefore technology as well as exposure to great innovations is high. The apartments in the An Arbor area are also relatively fairly priced and hence affordable."

Pet Friendly Lifestyle
Ann Arbor, MI

Ranked #12

Among cities in Michigan for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ann Arbor, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ann Arbor, MI Rentals by Map

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See the most popular apartments and homes in Ann Arbor, MI

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Getting Around Ann Arbor, MI

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ann Arbor Apartments

What is a cheap apartment in Ann Arbor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ann Arbor is under $1,200.

What is the price of a cheap apartment in Ann Arbor?

The cheapest apartment in Ann Arbor is Aspen Chase which is listed at $959, while the average apartment in Ann Arbor costs $5,469.

What types of apartments are the cheapest in Ann Arbor?

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 3,726 regular apartments in Ann Arbor 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 Ann Arbor?

Cheap apartments in Ann Arbor have an average cost of $833 which is $4,636 cheaper than the average rent for all rentals in Ann Arbor.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.