Cheap Homes for Rent in North Central Ann Arbor Neighborhood of Ann Arbor, MI from $1,300 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the North Central Ann Arbor area of Ann Arbor.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 1041 N Main St

1041 N Main St

Ann ArborMI48104

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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North Central Ann Arbor, Ann Arbor, MI Local Guide

Cheapest Available North Central Ann Arbor Apartments for Rent

 

The cheapest available apartment rental in the North Central Ann Arbor area of Ann Arbor, MI is a Studio unit found at 400 Maynard priced from $1,114. Island Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable North Central Ann Arbor apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
400 MaynardStudioStudio,1BA$1,114
Island DriveEfficiency Phase 2Studio,1BA$1,395
Landmark4X2C4BR,2BA$1,499

Best Value Apartments for Rent in North Central Ann Arbor, MI

As of May 11, 2025 the best value apartment in the North Central Ann Arbor area is the $0.43 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $895. The second greatest value North Central Ann Arbor apartment is the D2 Model at Saga Ann Arbor starting at $1,124 with a $0.75 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for North Central Ann Arbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St6BR,2BA$0.43
Saga Ann ArborD24BR,3BA$0.75
The AmsterdammerC5BR,2BA$4.22
Corner House ApartmentsThree-Bedroom3BR,1BA$3.56
Landmark2X12BR,1BA$2.38
125 Hill Street ApartmentsThe Hill2BR,1BA$2.39
807 W Madison St2 Bedroom2BR,1BA$2.26
Ann Arbor City ClubPlan A1BR,1BA$3.71
400 MaynardStudioStudio ,1BA$3.00
Island DriveEfficiency Phase 3Studio ,1BA$3.94

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Frequently Asked Questions about North Central Ann Arbor

What type of rentals are currently available in North Central Ann Arbor?

There are currently 411 Apartments for Rent in North Central Ann Arbor, MI with pricing that ranges from $889 to $7,500. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Central Ann Arbor ranging from $1,300 to $9,393.

What is the current price range for Rental Homes in North Central Ann Arbor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Central Ann Arbor ranges from $1,300 to $9,393 with an average monthly rent of $3,735.

How much are larger Three and Four Bedroom Rentals in North Central Ann Arbor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Central Ann Arbor range from $889 to $4,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $3,750. Four Bedroom Single-Family rentals are also available starting from $3,450 and Four Bedroom Apartments start at $1,124.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.