Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Ann Arbor, MI from $800 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Fourth Ward 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.

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1028 Fuller St
1 to 2 Bedroom Apartments

1028 Fuller St

1028 Fuller StAnn Arbor, MI 48104
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805 Spring St
Studio to 1 Bedroom Apartments

805 Spring St

805 Spring StAnn Arbor, MI 48103
Student Housing
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344 S Division St
Studio Apartments

344 S Division St

344 S Division StAnn Arbor, MI 48104
Student Housing
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515 Lawrence St
Studio to 2 Bedroom Apartments

515 Lawrence St

515 Lawrence StAnn Arbor, MI 48104
Student Housing
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212 E Washington Apartments
Studio to 1 Bedroom Apartments

212 E Washington Apartments

212 E Washington StAnn Arbor, MI 48104
Student Housing
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

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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316 Thompson St
Studio Apartments

316 Thompson St

316 Thompson StAnn Arbor, MI 48104
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520 N Ashley St
1 Bedroom Apartments

520 N Ashley St

520 N Ashley StAnn Arbor, MI 48103
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Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
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519 Lawrence St
1 Bedroom Apartments

519 Lawrence St

519 Lawrence StAnn Arbor, MI 48104
Student Housing
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809 E Kingsley St
1 Bedroom Apartments

809 E Kingsley St

809 E Kingsley StAnn Arbor, MI 48104
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Washington Manor
Studio to 1 Bedroom Apartments

Washington Manor

418 E WashingtonAnn Arbor, MI 48104
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727 E Kingsley St
2 Bedroom Apartments

727 E Kingsley St

727 E Kingsley StAnn Arbor, MI 48104
Student Housing
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Fuller Apartments
2 Bedroom Apartments

Fuller Apartments

800-802 Fuller StAnn Arbor, MI 48104
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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209 N Ingalls St
2 Bedroom Apartments

209 N Ingalls St

209 N Ingalls StAnn Arbor, MI 48104
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324 S Ashley St
1 Bedroom Apartments

324 S Ashley St

324 S Ashley StAnn Arbor, MI 48104
  • Utilities Included

Old Fourth Ward, Ann Arbor, MI Local Guide

Cheapest Available Old Fourth Ward Apartments for Rent

 

The cheapest available apartment rental in the Old Fourth Ward area of Ann Arbor, MI is a Studio unit found at Island Drive priced from $1,395. Briar Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. Here are the most affordable Old Fourth Ward apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Island DriveEfficiency Phase 2Studio,1BA$1,395
Briar Cove ApartmentsBlue Ribbon1BR,1BA$1,465
Ann Arbor WoodsTwo Bedroom One Bath2BR,1BA$1,485
307 Thompson0B1BStudio,1BA$1,599
400 MaynardStudioStudio,1BA$1,950
The George1A1BR,1BA$1,953
Beekman on BroadwayAAStudio,1BA$1,975
Ponds at Georgetown ApartmentsSheldrake2BR,2BA$2,015
Ann Arbor City ClubPlan V1BR,1BA$2,150

Best Value Apartments for Rent in Old Fourth Ward, MI

As of May 10, 2025 the best value apartment in the Old Fourth Ward 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 Old Fourth Ward 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 Old Fourth Ward 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
Centerra Pointe2 Bed- Downstairs2BR,2BA$1.91
Ponds at Georgetown ApartmentsSandpiper3BR,2BA$2.18
Owl CreekWillow3BR,2BA$2.05
Corner House ApartmentsThree-Bedroom3BR,1BA$3.56
Briar Cove ApartmentsBlue Ribbon1BR,1BA$1.95
Ann Arbor WoodsTwo Bedroom One Bath2BR,1BA$2.28
The George1A1BR,1BA$3.08
University TrailsTH11BR,1BA$3.63

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Old Fourth Ward, Ann Arbor, MI

Ranked #53

Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Old Fourth Ward Neighborhood in Ann Arbor, MI

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

74 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Old Fourth Ward Apartments

What is the Cheapest Studio apartment in Old Fourth Ward?

Currently the most affordable Cheap Studio Apartment in Old Fourth Ward is at 400 Maynard listed at $1,114.

How much is rent for a Cheap One Bedroom Old Fourth Ward Apartment?

The lowest price for a Cheap One Bedroom Old Fourth Ward Apartment is $1,465 at Briar Cove Apartments.

What is the lowest price for a Cheap Two Bedroom Old Fourth Ward Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Fourth Ward is starting from $1,485 at Ann Arbor Woods.

What is the most affordable Old Fourth Ward Three Bedroom Apartment?

The best deal on a cheap Old Fourth Ward Three Bedroom Apartment rental is at Island Drive and starts from $1,920.

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

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

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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