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from $6996 Bedroom Apartment Available Now
533 Elizabeth St, Unit 533 Elizabeth
533 Elizabeth StAnn Arbor, MI 48104
Cheap Apartments for Rent in the South University Neighborhood of Ann Arbor, MI from $600 (76 Rentals)
Search the lowest-cost Apartments available for rent right now in the South University area of Ann Arbor.
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from $8893 Bedroom Apartment Available Aug 20
537 Elizabeth St, Unit 2
537 Elizabeth StAnn Arbor, MI 48104
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Rent Specials
from $1,114Studio to 1 Bedroom Apartments Available Now
400 Maynard
524-518 E William StAnn Arbor, MI 48104
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from $1,125Studio to 2 Bedroom Apartments Available Aug 10
Nob Hill Apartments
301 Nob Hill CtAnn Arbor, MI 48103
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from $1,1501 to 2 Bedroom Apartments Contact Us For Availability
Courthouse Square - A 55+ Community
100 S 4th AveAnn Arbor, MI 48104
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from $1,2002 Bedroom Apartments Available Now
Brown Street Apartments
824 Brown StAnn Arbor, MI 48104
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from $1,365Studio to 3 Bedroom Apartments Available Now
Huron Towers
2200 Fuller CtAnn Arbor, MI 48105
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from $1,395Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
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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from $1,4001 to 2 Bedroom Apartments Available Aug 22
Tradewind Apartments
121 E Hoover AveAnn Arbor, MI 48104
528 S 5th Ave
Ann ArborMI48104
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from $1,4501 Bedroom Apartment Available Aug 20
215 N Division St, Unit 3
215 N Division StAnn Arbor, MI 48104
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from $1,4501 Bedroom Apartment Available Aug 30
501 N 5th Ave, Unit 3
501 N 5th AveAnn Arbor, MI 48104
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from $1,450Studio to 1 Bedroom Apartments Available Now
323 Packard St
323 Packard StAnn Arbor, MI 48104
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from $1,480Studio to 1 Bedroom Apartments Available Jul 7
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
401 Pauline Blvd
Ann ArborMI48103
911 S Main St
Ann ArborMI48104
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from $1,545Studio to 1 Bedroom Apartments Available Aug 25
332 E William St
332 E William StAnn Arbor, MI 48104
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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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from $1,575Studio Apartment Available Aug 1
522 N Division St, Unit #3
522 N Division StAnn Arbor, MI 48104
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912 Mary St
Ann ArborMI48104
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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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South University, Ann Arbor, MI Local Guide
How much does it cost to rent an apartment in South University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South University Studio Apartments | $1,943 | $845 | $3,100 |
| South University 1 Bedroom Apartments | $2,085 | $900 | $3,950 |
| South University 2 Bedroom Apartments | $2,370 | $1,250 | $4,995 |
| South University 3 Bedroom Apartments | $2,184 | $889 | $4,350 |
| South University 4 Bedroom Apartments | $1,894 | $1,124 | $6,400 |
| South University 5 Bedroom Apartments | $2,138 | $1,509 | $7,350 |
| South University 6 Bedroom Apartments | $5,733 | $699 | $9,400 |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 1 mile radius of the South University Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
South University, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
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Cheapest Available South University Apartments for Rent
The cheapest available apartment rental in the South University area of Ann Arbor, MI is a Studio unit found at Arch Manor priced from $845. 400 Maynard has the second lowest priced unit, which is a Studio apartment currently listed from $1,114. Here are the most affordable South University apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arch Manor | Studio, 1 bath | Studio,1BA | $845 |
| 400 Maynard | Studio | Studio,1BA | $1,114 |
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1,200 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,395 |
| 520 N Ashley St | One Bedroom Flat | 1BR,1BA | $1,495 |
| Landmark | 4X2C | 4BR,2BA | $1,499 |
| 911 South Main Street | 6-Bed | 6BR,6BA | $1,500 |
| 901 Oakland Ave | One Bedroom | 1BR,1BA | $1,585 |
| Huron Towers | 15 | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in South University, MI
As of May 17, 2025 the best value apartment in the South University area is the $0.34 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $699. The second greatest value South University 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 South University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 6BR,2BA | $0.34 |
| Saga Ann Arbor | D2 | 4BR,3BA | $0.75 |
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1.33 |
| Landmark | 2X1 | 2BR,1BA | $2.38 |
| 125 Hill Street Apartments | The Hill | 2BR,1BA | $2.39 |
| 520 N Ashley St | One Bedroom Townhome | 1BR,1BA | $2.08 |
| Dean Apartments | 2 Bedroom Flat - 3 month term ONLY | 2BR,1BA | $2.80 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $2.83 |
| Huron Towers | 11 | 1BR,1BA | $2.71 |
| Arch Manor | Studio, 1 bath | Studio ,1BA | $1.73 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth University, Ann Arbor, MI
Ranked #62
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South University, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about Cheap South University Apartments
What is a cheap apartment in South University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South University is under $1,600.
What is the price of a cheap apartment in South University?
The cheapest apartment in South University is Island Drive which is listed at $1,495, while the average apartment in South University costs $6,600.
What types of apartments are the cheapest in South University?
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 33 regular apartments in South University 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 South University?
Cheap apartments in South University have an average cost of $1,467 which is $5,133 cheaper than the average rent for all rentals in South University.
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.
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.
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.
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.
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.