Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
331 Packard
Studio to 2 Bedroom Apartments

331 Packard

331 PackardAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
720 S State St
Studio to 4 Bedroom Apartments

720 S State St

720 S State StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
324 E Jefferson St
Studio Apartments

324 E Jefferson St

324 E Jefferson StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
344 S Division St
Studio Apartments

344 S Division St

344 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
1223 Hill St
1 Bedroom Apartments

1223 Hill St

1223 Hill StAnn Arbor, MI 48104
close
View Me
The Forest
Studio to 2 Bedroom Apartments

The Forest

610 Forest AveAnn Arbor, MI 48104
Student Housing
close
View Me
316 Thompson St
Studio Apartments

316 Thompson St

316 Thompson StAnn Arbor, MI 48104
close
View Me
414 Division
Studio Apartments

414 Division

414 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
508 S Division St
Studio to 1 Bedroom Apartments

508 S Division St

508 S Division StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
536 S 4th Ave
Studio Apartments

536 S 4th Ave

536-538 S 4th AveAnn Arbor, MI 48104
  • Utilities Included
close
View Me
543 Church St
Studio to 4 Bedroom Apartments

543 Church St

543 Church StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
326 E Madison St
1 to 2 Bedroom Apartments

326 E Madison St

326 E Madison StAnn Arbor, MI 48104
Student Housing
close
View Me
527 S 4th Ave
1 to 2 Bedroom Apartments

527 S 4th Ave

527 S 4th AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
Washington Manor
Studio to 1 Bedroom Apartments

Washington Manor

418 E WashingtonAnn Arbor, MI 48104
  • Utilities Included
close
View Me
The Viscount
1 to 4 Bedroom Apartments

The Viscount

1316 Geddes AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
316 E Madison St
1 to 2 Bedroom Apartments

316 E Madison St

316 E Madison StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
520 Packard St
1 to 2 Bedroom Apartments

520 Packard St

520 Packard StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
Park Plaza
1 to 3 Bedroom Apartments

Park Plaza

1320 S University AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
209 N Ingalls St
2 Bedroom Apartments

209 N Ingalls St

209 N Ingalls StAnn Arbor, MI 48104
close
View Me
609 S 5th Ave
2 Bedroom Apartments

609 S 5th Ave

609 S 5th AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
The Forum Apartments
1 to 3 Bedroom Apartments

The Forum Apartments

722-726 S State StAnn Arbor, MI 48104
Student Housing
  • Utilities Included
close
View Me
324 S Ashley St
1 Bedroom Apartments

324 S Ashley St

324 S Ashley StAnn Arbor, MI 48104
  • Utilities Included
close
View Me
The Stratford Apartments
2 Bedroom Apartments

The Stratford Apartments

629-631 S Forest AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included

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 Hidden Valley Club priced from $1,427. Briar Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,435. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Hidden Valley ClubThe YostStudio,1BA$1,427
Briar Cove ApartmentsBlue Ribbon1BR,1BA$1,435
Ann Arbor WoodsTwo Bedroom One Bath2BR,1BA$1,524
307 Thompson0B1BStudio,1BA$1,599
Landmark4X2C4BR,2BA$1,625
618 South Main ApartmentsStudio 1 Bath 555 sq. ft.Studio,1BA$1,910
400 MaynardStudioStudio,1BA$1,950
The George1D1BR,1BA$1,956
Ponds at Georgetown ApartmentsSheldrake2BR,2BA$1,995
Uptown Ann ArborThe D.C1BR,1BA$2,050

Best Value Apartments for Rent in Downtown Ann Arbor, MI

As of March 31, 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 $2,899 with a $2.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Centerra Pointe2 Bed- Downstairs2BR,2BA$1.91
Ponds at Georgetown ApartmentsSandpiper3BR,2BA$2.15
Uptown Ann ArborThe Harrisburg2BR,2BA$2.65
Corner House ApartmentsThree-Bedroom3BR,1BA$3.56
Owl CreekHickory2BR,2BA$2.24
Landmark2X12BR,1BA$2.44
The GeorgeLoft - Unit D1BR,1.5BA$2.71
Briar Cove ApartmentsBlue Ribbon1BR,1BA$1.91
Ann Arbor WoodsTwo Bedroom One Bath2BR,1BA$2.34
Hidden Valley ClubThe YostStudio ,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

Frequently Asked Questions about Cheap Downtown Ann Arbor Apartments

What is a cheap apartment in Downtown Ann Arbor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ann Arbor is under $2,050.

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

The cheapest apartment in Downtown Ann Arbor is Briar Cove Apartments which is listed at $1,435, while the average apartment in Downtown Ann Arbor costs $4,583.

What types of apartments are the cheapest in Downtown 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 118 regular apartments in Downtown 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 Downtown Ann Arbor?

Cheap apartments in Downtown Ann Arbor have an average cost of $948 which is $3,635 cheaper than the average rent for all rentals in Downtown 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.