555 E William St
Ann ArborMI48104
Cheap Homes for Rent in Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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Downtown Ann Arbor, Ann Arbor, MI Local Guide
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How much does it cost to rent a home in Downtown Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor 2 Bedroom Homes for Rent | $4,791 | $2,400 | $8,500 |
| Downtown Ann Arbor 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
| Downtown Ann Arbor 6 Bedroom Homes for Rent | $7,694 | $6,700 | $9,393 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of April 06, 2025 the best value apartment in the Downtown 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 Downtown Ann Arbor apartment is the 2 Bed- Downstairs Model at Centerra Pointe starting at $2,690 with a $1.91 price per square foot in the Old West Side 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. |
|---|---|---|---|
| Saga Ann Arbor | D2 | 4BR,3BA | $0.75 |
| 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 |
| Owl Creek | Hickory | 2BR,2BA | $2.22 |
| Landmark | 2X1 | 2BR,1BA | $2.44 |
| The George | Loft - Unit D | 1BR,1.5BA | $2.71 |
| Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1.93 |
| Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $2.34 |
| Ann Arbor City Club | Plan A | 1BR,1BA | $3.49 |
Frequently Asked Questions about Downtown Ann Arbor
What type of rentals are currently available in Downtown Ann Arbor?
There are currently 247 Apartments for Rent in Downtown Ann Arbor, MI with pricing that ranges from $899 to $8,289. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ann Arbor ranging from $1,400 to $9,393.
What is the current price range for Rental Homes in Downtown Ann Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ann Arbor ranges from $1,400 to $9,393 with an average monthly rent of $5,540.
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.