
Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.


Forest Plaza Apartments

Ann Arbor Woods

602 Catherine St

322 S Division St

Hidden Valley Club

Briar Cove Apartments

428 S Division St

323 Packard St

VERVE Ann Arbor

120 N Division St

332 E William St
Downtown Ann Arbor, Ann Arbor, MI Local Guide

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 | $1,975 | $1,300 | $2,990 |
Downtown Ann Arbor 1 Bedroom Apartments | $2,125 | $1,150 | $3,950 |
Downtown Ann Arbor 2 Bedroom Apartments | $2,455 | $1,250 | $4,995 |
Downtown Ann Arbor 3 Bedroom Apartments | $2,162 | $1,320 | $4,300 |
Downtown Ann Arbor 4 Bedroom Apartments | $1,629 | $999 | $4,600 |
Downtown Ann Arbor 5 Bedroom Apartments | $1,771 | $899 | $8,000 |
Downtown Ann Arbor 6 Bedroom Apartments | $4,885 | $1,584 | $9,900 |
Browse Apartments in this Neighborhood
There are currently 37 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 | $1,524 |
307 Thompson | 0B1B | Studio,1BA | $1,599 |
Landmark | 4X2C | 4BR,2BA | $1,625 |
618 South Main Apartments | Studio 1 Bath 555 sq. ft. | Studio,1BA | $1,910 |
400 Maynard | Studio | Studio,1BA | $1,950 |
The George | 1D | 1BR,1BA | $1,956 |
Ponds at Georgetown Apartments | Sheldrake | 2BR,2BA | $1,995 |
Uptown Ann Arbor | The D.C | 1BR,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 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 | $2.15 |
Uptown Ann Arbor | The Harrisburg | 2BR,2BA | $2.65 |
Corner House Apartments | Three-Bedroom | 3BR,1BA | $3.56 |
Owl Creek | Hickory | 2BR,2BA | $2.24 |
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 | $2.34 |
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 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.

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.

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.

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.