Cheap Apartments for Rent in the Downtown Ypsilanti Neighborhood of Ypsilanti, MI from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Ypsilanti area of Ypsilanti.

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Renaissance Apartments
Studio to 3 Bedroom Apartments

Renaissance Apartments

516 Saint JohnYpsilanti, MI 48197
  • Utilities Included
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424 Madison St
Studio to 1 Bedroom Apartments

424 Madison St

424 Madison StYpsilanti, MI 48197

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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Eagles Nest Apartments
1 to 2 Bedroom Apartments

Eagles Nest Apartments

329 Jarvis StYpsilanti, MI 48197
  • Utilities Included
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North Redwood
1 to 2 Bedroom Apartments

North Redwood

720-820 N Redwood AveYpsilanti, MI 48198
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North Rosewood
1 to 2 Bedroom Apartments

North Rosewood

755-825 N Rosewood StYpsilanti, MI 48198
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525 N Adams St
2 Bedroom Apartments

525 N Adams St

525 N Adams StYpsilanti, MI 48197

Downtown Ypsilanti, Ypsilanti, MI Local Guide

Cheapest Available Downtown Ypsilanti Apartments for Rent

 

The cheapest available apartment rental in the Downtown Ypsilanti area of Ypsilanti, MI is a Studio unit found at 211 N Washington St priced from $900. 108 Washtenaw Ave has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Downtown Ypsilanti apartments for rent in Ypsilanti, MI:

Apartment ListingModel NameBed/BathPriced From
211 N Washington StStudioStudio,1BA$900
108 Washtenaw AveStudioStudio,1BA$900
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$912
River Drive ApartmentsAppleblossom 2nd Floor1BR,1BA$950
922 Holmes Apartments2 Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Downtown Ypsilanti, MI

As of April 29, 2025 the best value apartment in the Downtown Ypsilanti area is the $0.88 price per square foot One Bedroom Apartment Model at Cross Street Village in the in the Blue Heron Pointe neighborhood starting from $1,100. The second greatest value Downtown Ypsilanti apartment is the Spacious 3bd Model at Oakridge Apartments starting at $1,750 with a $1.49 price per square foot in the Cherry Hill Gardens neighborhood. Here is today’s list of the best values for Downtown Ypsilanti apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cross Street VillageOne Bedroom Apartment1BR,1BA$0.88
Oakridge ApartmentsSpacious 3bd3BR,2BA$1.49
Ambassador West Apartments2BR/1.0BA2BR,1BA$1.19
Tower Apartments2BR/1.0BA2BR,1BA$1.23
The Red LionGATED UPGRADED TWO BEDROOM2BR,1BA$1.40
1305 S Congress St2-Bedroom2BR,1BA$1.63
922 Holmes Apartments2 Bedroom2BR,1BA$1.32
Huron Heights/Huron Ridge1 Bed 1 Bath Flat1BR,1BA$1.50
River Drive ApartmentsMaple Garden Level1BR,1BA$1.58
Towne Centre Place 62+Senior Income-Based 1 BR, 1 BA1BR,1BA$1.56

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
Downtown Ypsilanti, Ypsilanti, MI

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Michigan including Downtown Ypsilanti, Ypsilanti, and the greater Ypsilanti area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Downtown Ypsilanti Neighborhood in Ypsilanti, MI

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Ypsilanti Apartments

What is a cheap apartment in Downtown Ypsilanti?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ypsilanti is under $1,100.

What is the price of a cheap apartment in Downtown Ypsilanti?

The cheapest apartment in Downtown Ypsilanti is Towne Centre Place 62+ which is listed at $912, while the average apartment in Downtown Ypsilanti costs $2,745.

What types of apartments are the cheapest in Downtown Ypsilanti?

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 26 regular apartments in Downtown Ypsilanti 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 Ypsilanti?

Cheap apartments in Downtown Ypsilanti have an average cost of $203 which is $2,542 cheaper than the average rent for all rentals in Downtown Ypsilanti.

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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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.