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Cheap Apartments for Rent in the Central Ann Arbor Neighborhood of Ann Arbor, MI from $700 (87 Rentals)
Explore the Best Cheap Apartments in Central Ann Arbor area of Ann Arbor for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
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from $1,070Studio to 3 Bedroom Apartments Available Aug 23, 2025
The Forum Apartments
722-726 S State StAnn Arbor, MI 48104
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Rent Specials
from $1,250Studio to 3 Bedroom Apartments Available Now
Island Drive*
1099 Maiden LnAnn Arbor, MI 48105
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from $1,3001 to 2 Bedroom Apartments Available Aug 22, 2025
813 S Main St
813 S Main StAnn Arbor, MI 48104
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from $1,340Studio to 1 Bedroom Apartments Contact Us For Availability
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
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from $1,4001 to 2 Bedroom Apartments Available Aug 22, 2025
Tradewind Apartments
121 E Hoover AveAnn Arbor, MI 48104
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from $1,450Studio to 1 Bedroom Apartments Available Aug 22, 2025
323 Packard St
323 Packard StAnn Arbor, MI 48104
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from $1,4501 Bedroom Apartment Available Aug 22, 2025
812 Mary St, Unit 3
812 Mary StAnn Arbor, MI 48104
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from $1,4951 to 2 Bedroom Apartments Available Aug 23, 2025
The Highlands Apartments
1681-1699 Broadway StAnn Arbor, MI 48105
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Rent Specials
from $1,5302 Bedroom Apartments Available Now
Fuller Apartments
800-802 Fuller StAnn Arbor, MI 48104
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from $1,545Studio to 2 Bedroom Apartments Available Aug 25, 2025
332 E William St
332 E William StAnn Arbor, MI 48104
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from $1,685Studio to 2 Bedroom Apartments Available Now
618 South Main Apartments
618 S Main StAnn Arbor, MI 48104
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from $9501 Bedroom Apartments
Summer Sublet 1 in 3 BRs UM Central Campus
818 Church StAnn Arbor, MI 48104
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Rent Specials
from $1,095Studio to 1 Bedroom Apartments
618 Packard St
618-624 Packard StAnn Arbor, MI 48104
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Central Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Central Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Ann Arbor Studio Apartments | $1,820 | $775 | $2,947 |
| Central Ann Arbor 1 Bedroom Apartments | $2,006 | $825 | $3,725 |
| Central Ann Arbor 2 Bedroom Apartments | $2,491 | $950 | $4,595 |
| Central Ann Arbor 3 Bedroom Apartments | $2,429 | $1,407 | $4,350 |
| Central Ann Arbor 4 Bedroom Apartments | $2,153 | $999 | $7,500 |
| Central Ann Arbor 5 Bedroom Apartments | $2,470 | $899 | $6,750 |
| Central Ann Arbor 6 Bedroom Apartments | $5,475 | $1,299 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Central Ann Arbor Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Central Ann Arbor, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
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Cheapest Available Central Ann Arbor Apartments for Rent
The cheapest available apartment rental in the Central Ann Arbor area of Ann Arbor, MI is a 1 Bed unit found at Island Drive* priced from $1,350. 307 THOMPSON has the second lowest priced unit, which is a Studio apartment currently listed from $1,370. Here are the most affordable Central Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Island Drive* | One Bedroom Phase 3 | 1BR,1BA | $1,350 |
| 307 THOMPSON | 0B1B | Studio,1BA | $1,370 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
| Landmark | 4X2C | 4BR,2BA | $1,575 |
| 400 Maynard | Studio | Studio,1BA | $1,950 |
| Beekman on Broadway | AA | Studio,1BA | $2,120 |
| Hoover and Greene | Studio (S1) | Studio,1BA | $2,245 |
| 618 South Main Apartments | 2 Bedroom 2 Bath 861 sq. ft. | 2BR,2BA | $2,469 |
| Six11 | Studio A | Studio,1BA | $2,662 |
| Hideaway Apartments | Traver w/ One Car Garage | 4BR,3BA | $2,999 |
Best Value Apartments for Rent in Central Ann Arbor, MI
As of December 28, 2024 the best value apartment in the Central Ann Arbor area is the $1.60 price per square foot Traver w/ Two Car Garage Model at Hideaway Apartments in the in the Chapel Hill neighborhood starting from $3,049. The second greatest value Central Ann Arbor apartment is the Three-Bedroom Model at Corner House Apartments starting at $3,915 with a $3.56 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Central Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hideaway Apartments | Traver w/ Two Car Garage | 4BR,3.5BA | $1.60 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $3.56 |
| SAGA AnnArbor | 4 Bed 2 Bath | 4BR,2BA | $1.23 |
| 618 South Main Apartments | 2 Bedroom 2 Bath 861 sq. ft. | 2BR,2BA | $2.87 |
| Vic Village South | 2D | 2BR,1BA | $2.59 |
| Landmark | 2X1 | 2BR,1BA | $2.44 |
| Fuller Apartments | 2-Bedroom Corner Apartments | 2BR,1BA | $2.20 |
| Island Drive* | One Bedroom Phase 3 | 1BR,1BA | $2.42 |
| Hoover and Greene | Convertible (V) | Studio ,1BA | $4.74 |
| 307 THOMPSON | 0B1B | Studio ,1BA | $4.39 |
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Pet Friendly LifestyleCentral Ann Arbor, Ann Arbor, MI
Ranked #47
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Central Ann Arbor Neighborhood in Ann Arbor, MI
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
89 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
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 Central Ann Arbor Apartments
What is the Cheapest Studio apartment in Central Ann Arbor?
Currently the most affordable Cheap Studio Apartment in Central Ann Arbor is at 307 THOMPSON listed at $1,370.
How much is rent for a Cheap One Bedroom Central Ann Arbor Apartment?
The lowest price for a Cheap One Bedroom Central Ann Arbor Apartment is $1,350 at Island Drive*.
What is the lowest price for a Cheap Two Bedroom Central Ann Arbor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Ann Arbor is starting from $1,530 at Fuller Apartments.
What is the most affordable Central Ann Arbor Three Bedroom Apartment?
The best deal on a cheap Central Ann Arbor Three Bedroom Apartment rental is at Corner House Apartments and starts from $3,915.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.