
Cheap Homes for Rent in Carpenter Neighborhood of Ann Arbor, MI from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter area of Ann Arbor.


3130 Woodmanor Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

5595 Hampshire Ln, Unit Wellesley Gardens

3370 Endsleigh Ln
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2805 Burton Rd

6346 Trumpeter Ln
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

3034 Forest Creek Ct
Carpenter, Ann Arbor, MI Local Guide

How much does it cost to rent a home in Carpenter?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Carpenter 2 Bedroom Homes for Rent | $1,968 | $1,400 | $2,300 |
Carpenter 3 Bedroom Homes for Rent | $2,462 | $2,000 | $3,000 |
Carpenter 4 Bedroom Homes for Rent | $3,665 | $3,000 | $4,495 |
Carpenter 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Carpenter Neighborhood of Ann Arbor, MI.
Explore Ann Arbor
Carpenter, Ann Arbor, MI Local Guide
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Cheapest Available Carpenter Apartments for Rent
 The cheapest available apartment rental in the Carpenter area of Ann Arbor, MI is a 2 Beds unit found at South Grove priced from $1,195. Hidden Valley Club has the second lowest priced unit, which is a Studio apartment currently listed from $1,221. Here are the most affordable Carpenter apartments for rent in Ann Arbor, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
South Grove | B | 2BR,1BA | $1,195 |
Hidden Valley Club | The Yost | Studio,1BA | $1,221 |
Randolph Court | 1 BED | 1 BATH | 1BR,1BA | $1,238 |
Best Value Apartments for Rent in Carpenter, MI
As of May 11, 2025 the best value apartment in the Carpenter area is the $1.55 price per square foot C2 Model at Blue Heron Pointe in the in the Wellesley Gardens neighborhood starting from $2,334. The second greatest value Carpenter apartment is the Aspen Model at Legends Rosewood Village starting at $1,842 with a $1.55 price per square foot in the Wellesley Gardens neighborhood. Here is today’s list of the best values for Carpenter apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Blue Heron Pointe | C2 | 3BR,2.5BA | $1.55 |
Legends Rosewood Village | Aspen | 2BR,2BA | $1.55 |
Legends Grove | Pinehurst | 2BR,2BA | $2.05 |
South Grove | Ap | 1BR,1BA | $1.93 |
Arbor Knoll Apartments | The Alder | 1BR,1BA | $2.00 |
Mill Creek Townhomes | 1 Bedroom Loft | 1BR,1BA | $2.17 |
Ridgewood Apartments | The Vista lll | 1BR,1BA | $2.32 |
Homestead Commons | A | 1BR,1BA | $2.31 |
Carleton Court | One Bedroom Deluxe Upgrade | 1BR,1BA | $2.39 |
Randolph Court | 1 BED | 1 BATH | 1BR,1BA | $2.15 |
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.
Frequently Asked Questions about Carpenter
What type of rentals are currently available in Carpenter?
There are currently 56 Apartments for Rent in Carpenter, MI with pricing that ranges from $1,089 to $2,575. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $1,400 to $4,500.
What is the current price range for Rental Homes in Carpenter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpenter ranges from $1,400 to $4,500 with an average monthly rent of $2,959.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.