Cheapest Neighborhoods in Ann Arbor, MI
Some of the cheapest neighborhoods in Ann Arbor are Oxbridge, North Burns Park, and Southeast Ann Arbor. These neighborhoods offer some of the lowest rent prices in Ann Arbor, making them ideal for renters on a budget. As of July 27, 2026, the average rent in Ann Arbor is $1,686, which is 0.4% 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
$956/Month
Year-Over-Year Rent Change
3.7%
Units Available
23 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 $956, while the city’s average stands at $1,686. In the last year, prices have decreased by 3.7%. Oxbridge is near Eastern Michigan University, University of Michigan Museum of Natural History, and Detroit Metro Wayne County.
North Burns Park
Average Rent
$1,317/Month
Units Available
14 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 $1,317 while the city average is $1,686. Residents enjoy convenient access to Michigan, Eastern Michigan University, and Michigan Ave.
Southeast Ann Arbor
Average Rent
$1,370/Month
Year-Over-Year Rent Change
1.9%
Units Available
18 Rentals
When you’re looking for a great Ann Arbor neighborhood on a budget, check out Southeast Ann Arbor. The average rent is $1,370, compared to the city average of $1,686. Rent prices have increased by 1.9%. Southeast Ann Arbor is convenient to Ann Arbor Hands-On Museum, 3980 Platt Rd, and Platt Packard Plaza.
Yost
Average Rent
$1,406/Month
Year-Over-Year Rent Change
0.6%
Units Available
11 Rentals
Yost is an affordable neighborhood in Ann Arbor with an average rent price of $1,406. Compare this to the city average of $1,686. In the past year, rent prices have increased by 0.6%. Yost provides easy access to Michigan, Leslie Science and Nature Center, and Nichols Arboretum.
Tuomy Farm
Average Rent
$1,409/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Ann Arbor, Tuomy Farm might be the perfect place! It has an average rent price of $1,409, while the city’s average stands at $1,686.
West Ann Arbor
Average Rent
$1,525/Month
Year-Over-Year Rent Change
3%
Units Available
126 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
$1,530/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.
Arbor Oaks
Average Rent
$1,531/Month
Units Available
11 Rentals
Arbor Oaks is a top choice for budget-conscious renters for a variety of reasons. The average rent in Arbor Oaks is $1,531 while the city average is $1,686.
Greenview & Pioneer Nature Area
Average Rent
$1,596/Month
Units Available
45 Rentals
When you’re looking for a great Ann Arbor neighborhood on a budget, check out Greenview & Pioneer Nature Area. The average rent is $1,596, compared to the city average of $1,686. Greenview & Pioneer Nature Area is convenient to West Stadium Shopping Center, Ann Arbor Hands-On Museum, and Wayne County C.C., Western.
Forestbrooke
Average Rent
$1,624/Month
Units Available
16 Rentals
Forestbrooke is an affordable neighborhood in Ann Arbor with an average rent price of $1,624. Compare this to the city average of $1,686.
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.