428 S Division St
Ann ArborMI48104
Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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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
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from $1,300Studio to 1 Bedroom Apartments Contact Us For Availability
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
426 S Division St
Ann ArborMI48104
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Rent Specials
from $1,3321 to 3 Bedroom Apartments Available Now
Ann Arbor Woods
2167 Medford RdAnn Arbor, MI 48104
602 Catherine St
Ann ArborMI48104
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from $1,427Studio to 2 Bedroom Apartments Available Now
Hidden Valley Club
600 Hidden Valley Club DrAnn Arbor, MI 48104
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from $1,4351 to 3 Bedroom Apartments Available Now
Briar Cove Apartments
650 Waymarket DrAnn Arbor, MI 48103
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from $1,450Studio to 1 Bedroom Apartments Available Aug 22
323 Packard St
323 Packard StAnn Arbor, MI 48104
120 N Division St
Ann ArborMI48104
805 E Huron St
Ann ArborMI48104
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Showing Results 1-29, Page 1 of 1
Downtown Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor Studio Apartments | $2,053 | $1,300 | $2,947 |
| Downtown Ann Arbor 1 Bedroom Apartments | $2,198 | $1,150 | $3,950 |
| Downtown Ann Arbor 2 Bedroom Apartments | $2,362 | $1,250 | $4,995 |
| Downtown Ann Arbor 3 Bedroom Apartments | $2,281 | $1,320 | $4,200 |
| Downtown Ann Arbor 4 Bedroom Apartments | $1,557 | $999 | $2,099 |
| Downtown Ann Arbor 5 Bedroom Apartments | $1,964 | $899 | $8,000 |
| Downtown Ann Arbor 6 Bedroom Apartments | $5,221 | $1,584 | $9,900 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Cheapest Available Downtown Ann Arbor Apartments for Rent
The cheapest available apartment rental in the Downtown Ann Arbor area of Ann Arbor, MI is a Studio unit found at 307 THOMPSON STREET LLC priced from $1,385. Hidden Valley Club has the second lowest priced unit, which is a Studio apartment currently listed from $1,427. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 307 THOMPSON STREET LLC | 0B1B | Studio,1BA | $1,385 |
| Hidden Valley Club | The Yost | Studio,1BA | $1,427 |
| Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1,435 |
| Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $1,485 |
| Park Plaza | 1 Bedroom Flat | 1BR,1BA | $1,575 |
| Landmark | 4X2C | 4BR,2BA | $1,625 |
| Owl Creek | Aspen | Studio,1BA | $1,707 |
| 400 Maynard | Studio | Studio,1BA | $1,950 |
| The George | 1D | 1BR,1BA | $1,956 |
| Ponds at Georgetown Apartments | Sheldrake | 2BR,2BA | $1,995 |
Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of March 11, 2025 the best value apartment in the Downtown Ann Arbor area is the $1.91 price per square foot 2 Bed- Downstairs Model at Centerra Pointe in the in the Old West Side neighborhood starting from $2,690. The second greatest value Downtown Ann Arbor apartment is the Sandpiper Model at Ponds at Georgetown Apartments starting at $2,938 with a $2.18 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for Downtown Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Centerra Pointe | 2 Bed- Downstairs | 2BR,2BA | $1.91 |
| Ponds at Georgetown Apartments | Sandpiper | 3BR,2BA | $2.18 |
| Uptown Ann Arbor | The Harrisburg | 2BR,2BA | $2.78 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $3.56 |
| SAGA AnnArbor | 4 Bed 2 Bath | 4BR,2BA | $1.23 |
| Landmark | 2X1 | 2BR,1BA | $2.44 |
| The George | Loft - Unit D | 1BR,1.5BA | $2.71 |
| Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1.91 |
| Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $2.28 |
| Hidden Valley Club | The Yost | Studio ,1BA | $2.88 |
Getting Around the Downtown Ann Arbor Neighborhood in Ann Arbor, MI
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
73 / 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 Downtown Ann Arbor Apartments
What is the Cheapest Studio apartment in Downtown Ann Arbor?
Currently the most affordable Cheap Studio Apartment in Downtown Ann Arbor is at 307 THOMPSON STREET LLC listed at $1,385.
How much is rent for a Cheap One Bedroom Downtown Ann Arbor Apartment?
The lowest price for a Cheap One Bedroom Downtown Ann Arbor Apartment is $1,435 at Briar Cove Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Ann Arbor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Ann Arbor is starting from $1,485 at Ann Arbor Woods.
What is the most affordable Downtown Ann Arbor Three Bedroom Apartment?
The best deal on a cheap Downtown Ann Arbor Three Bedroom Apartment rental is at Owl Creek and starts from $2,700.
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.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.