526 S 5th Ave
Ann ArborMI48104
Cheap Apartments for Rent in the Central Ann Arbor Neighborhood of Ann Arbor, MI from $700 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Ann Arbor area of Ann Arbor.
1544 Jones Dr
Ann ArborMI48105
1548 Jones Dr
Ann ArborMI48105
1550 Jones Dr
Ann ArborMI48105
1546 Jones Dr
Ann ArborMI48105
1554 Jones Dr
Ann ArborMI48105
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from $1,1501 to 2 Bedroom Apartments Contact Us For Availability
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
1556 Jones
Ann ArborMI48105
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Rent Specials
from $1,2002 Bedroom Apartments Available Now
Brown Street Apartments
824 Brown StAnn Arbor, MI 48104
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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.
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Rent Specials
from $1,395Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
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from $1,4001 to 2 Bedroom Apartments Available Aug 22
Tradewind Apartments
121 E Hoover AveAnn Arbor, MI 48104
322 S Division St
Ann ArborMI48104
528 S 5th Ave
Ann ArborMI48104
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from $1,450Studio to 1 Bedroom Apartments Available Aug 22
323 Packard St
323 Packard StAnn Arbor, MI 48104
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Rent Specials
from $1,455Studio to 5 Bedroom Apartments Available Aug 7
VERVE Ann Arbor
721 S Forest AveAnn Arbor, MI 48104
120 N Division St
Ann ArborMI48104
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from $1,480Studio to 1 Bedroom Apartments Available Jul 7
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
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from $1,4951 to 2 Bedroom Apartments Available Aug 23
The Highlands Apartments
1681-1699 Broadway StAnn Arbor, MI 48105
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from $1,545Studio to 2 Bedroom Apartments Available Aug 25
332 E William St
332 E William StAnn Arbor, MI 48104
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Rent Specials
from $1,5591 to 2 Bedroom Apartments Available Jun 11
Traver Crossing
1984 Traver RdAnn Arbor, MI 48105
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from $1,575Studio Apartment Available Aug 1
522 N Division St, Unit #3
522 N Division StAnn Arbor, MI 48104
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Rent Specials
from $1,649Studio to 2 Bedroom Apartments Available Now
Medical Center Court
1005 Maiden LnAnn Arbor, MI 48105
816 S State St
Ann ArborMI48104
311 S 5th Ave
Ann ArborMI48104
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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 | $2,036 | $1,395 | $2,990 |
| Central Ann Arbor 1 Bedroom Apartments | $2,271 | $1,000 | $6,660 |
| Central Ann Arbor 2 Bedroom Apartments | $2,749 | $1,250 | $4,995 |
| Central Ann Arbor 3 Bedroom Apartments | $2,174 | $1,455 | $4,350 |
| Central Ann Arbor 4 Bedroom Apartments | $1,989 | $999 | $7,000 |
| Central Ann Arbor 5 Bedroom Apartments | $2,079 | $899 | $7,350 |
| Central Ann Arbor 6 Bedroom Apartments | $6,282 | $1,559 | $9,900 |
Browse Apartments in this Neighborhood
There are currently 83 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 2 Beds unit found at Brown Street Apartments priced from $1,200. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Central Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1,200 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,395 |
| Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
| 307 Thompson | 0B1B | Studio,1BA | $1,599 |
| Landmark | 4X2C | 4BR,2BA | $1,625 |
| Medical Center Court | The Huron | Studio,1BA | $1,649 |
| 125 Hill Street Apartments | The Hill | 2BR,1BA | $1,795 |
| 618 South Main Apartments | Studio 1 Bath 555 sq. ft. | Studio,1BA | $1,950 |
| Beekman on Broadway | AA | Studio,1BA | $1,975 |
| Dean Apartments | 2 Bedroom Flat | 2BR,1BA | $2,000 |
Best Value Apartments for Rent in Central Ann Arbor, MI
As of April 18, 2025 the best value apartment in the Central 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 Central Ann Arbor apartment is the 2 BR Ranch Model at Geddes Hill Apartments starting at $3,400 with a $3.09 price per square foot in the Northeast Ann Arbor 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. |
|---|---|---|---|
| Saga Ann Arbor | D2 | 4BR,3BA | $0.75 |
| Geddes Hill Apartments | 2 BR Ranch | 2BR,1.5BA | $3.09 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $3.56 |
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1.33 |
| Landmark | 2X1 | 2BR,1BA | $2.44 |
| Fuller Apartments | 2-Bedroom Corner Apartments | 2BR,1BA | $2.20 |
| 125 Hill Street Apartments | The Hill | 2BR,1BA | $2.39 |
| Escher - Intentional Community Living in A2 | Small Single | 1BR,1BA | $1.40 |
| Dean Apartments | 2 Bedroom Flat | 2BR,1BA | $2.80 |
| Medical Center Court | The Huron | Studio ,1BA | $3.66 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Ann Arbor, Ann Arbor, MI
Ranked #60
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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 a cheap apartment in Central Ann Arbor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Ann Arbor is under $2,000.
What is the price of a cheap apartment in Central Ann Arbor?
The cheapest apartment in Central Ann Arbor is Island Drive which is listed at $1,495, while the average apartment in Central Ann Arbor costs $6,800.
What types of apartments are the cheapest in Central 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 72 regular apartments in Central 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 Central Ann Arbor?
Cheap apartments in Central Ann Arbor have an average cost of $848 which is $5,952 cheaper than the average rent for all rentals in Central 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.
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.
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.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.