Cheapest Neighborhoods in Ann Arbor, MI
Some of the cheapest neighborhoods in Ann Arbor are Oxbridge, North Burns Park, and Glazier Way. These neighborhoods offer some of the lowest rent prices in Ann Arbor, making them ideal for renters on a budget. As of September 10, 2026, the average rent in Ann Arbor is $1,682, which is 0% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Oxbridge
Average Rent
$885/Month
Year-Over-Year Rent Change
3.7%
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Ann Arbor, Oxbridge might be the perfect place! It has an average rent price of $885, while the city’s average stands at $1,682. In the last year, prices have decreased by 3.7%. Oxbridge is near Michigan, Nichols Arboretum, and University of Michigan Museum of Natural History.
North Burns Park
Average Rent
$1,340/Month
Units Available
15 Rentals
North Burns Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Burns Park is $1,340 while the city average is $1,682. Residents enjoy convenient access to University of Michigan Museum of Natural History, Wayne County C.C., Western, and County Farm Park.
Glazier Way
Average Rent
$1,357/Month
Year-Over-Year Rent Change
19%
Units Available
21 Rentals
When you’re looking for a great Ann Arbor neighborhood on a budget, check out Glazier Way. The average rent is $1,357, compared to the city average of $1,682. Rent prices have decreased by 19%. Glazier Way is convenient to Plymouth Road Plaza, Michigan, and Parker Mill Park.
Southeast Ann Arbor
Average Rent
$1,424/Month
Year-Over-Year Rent Change
0.5%
Units Available
16 Rentals
Southeast Ann Arbor is an affordable neighborhood in Ann Arbor with an average rent price of $1,424. Compare this to the city average of $1,682. In the past year, rent prices have increased by 0.5%. Southeast Ann Arbor provides easy access to Ann Arbor Hands-On Museum, Parker Mill Park, and Michigan.
West Ann Arbor
Average Rent
$1,564/Month
Year-Over-Year Rent Change
0.9%
Units Available
114 Rentals
West Ann Arbor, a burgeoning neighborhood, is recognized for its expansive residences, local parks, and highly-rated educational institutions. The suburban ambiance, coupled with the convenience of shopping and dining options along Jackson Avenue, is something renters will find appealing. This area strikes the perfect balance for those desiring a suburban way of life complemented by contemporary amenities.
Northeast Ann Arbor
Average Rent
$1,579/Month
Year-Over-Year Rent Change
0.8%
Units Available
10 Rentals
Northeast Ann Arbor, a neighborhood that caters to everyone, is known for its access to top-tier schools, local parks, and a plethora of recreational activities. The suburban vibe, coupled with its closeness to downtown and the University of Michigan, is something renters will find appealing. This area strikes the perfect balance for those desiring a suburban lifestyle with the convenience of urban amenities.
Old Fourth Ward
Average Rent
$1,589/Month
Year-Over-Year Rent Change
1.5%
Units Available
27 Rentals
Old Fourth Ward is a historic neighborhood located near downtown, known for its charming Victorian homes and walkability. Renters will enjoy the proximity to Ann Arbor’s strong cultural scene, with shops, restaurants, and parks just steps away. The area is perfect for those seeking a blend of historic charm and modern city living.
South Ann Arbor
Average Rent
$1,608/Month
Year-Over-Year Rent Change
2.6%
Units Available
68 Rentals
South Ann Arbor, a serene residential locale, provides easy access to parks, schools, and local shopping hubs. Its suburban ambiance is complemented by its proximity to the University of Michigan and downtown Ann Arbor. A notable attraction in the area is the renowned Ann Arbor Hands-On Museum, a favorite among families. This neighborhood is an ideal choice for those who value a tranquil, community-centric setting.
South Main
Average Rent
$1,613/Month
Year-Over-Year Rent Change
11.2%
Units Available
47 Rentals
If you’re looking for a great, affordable neighborhood in Ann Arbor, South Main might be the perfect place! It has an average rent price of $1,613, while the city’s average stands at $1,682. In the last year, prices have increased by 11.2%. South Main is near Nichols Arboretum, Michigan Ave, and Ann Arbor Hands-On Museum.
Central Ann Arbor
Average Rent
$1,616/Month
Year-Over-Year Rent Change
1.1%
Units Available
134 Rentals
Central Ann Arbor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Central Ann Arbor is $1,616 while the city average is $1,682. This is a -1.1% difference from last year. Residents enjoy convenient access to Eastern Michigan University, Ann Arbor Hands-On Museum, and Tally Hall/ann Arbor.
Ready to make your move to Ann Arbor? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.