Most Affordable Neighborhoods in Ypsilanti, MI
Some of the cheapest neighborhoods in Ypsilanti are Prospect Park, Nancy Park, and Normal Park. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of May 3, 2025, the average rent in Ypsilanti is $1,115, which is 5.1% 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.
Prospect Park
Average Rent
$950/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
6/100
Units Available
4 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Prospect Park. The average rent is $950, compared to the city average of $1,115. Rent prices have decreased by 2.5%. Prospect Park is convenient to Ypsilanti Plaza, Sunshine Shopping Center, and County Farm Park. The community is somewhat walkable with a WalkScore® of 62.
Nancy Park
Average Rent
$976/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
0/100
Units Available
5 Rentals
Nancy Park is an affordable neighborhood in Ypsilanti with an average rent price of $976. Compare this to the city average of $1,115. In the past year, rent prices have increased by 5.4%. Nancy Park provides easy access to Nichols Arboretum, Eastern Michigan University, and Wayne County C.C., Western. It’s a car-dependent neighborhood with a WalkScore® of 21.
Normal Park
Average Rent
$983/Month
TransitScore® Rating
43/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Ypsilanti, Normal Park might be the perfect place! It has an average rent price of $983, while the city’s average stands at $1,115. Normal Park is near Nichols Arboretum, Courtland Square, and Rolling Hills Park.
College Heights
Average Rent
$1,055/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
39/100
Units Available
2 Rentals
College Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in College Heights is $1,055 while the city average is $1,115. This is a 3.7% difference from last year. Residents enjoy convenient access to Courtland Plaza, Nichols Arboretum, and Hewitt Road Center. The neighborhood is considered walkable with a WalkScore® of 70.
Gault Village
Average Rent
$1,084/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
6/100
Units Available
10 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Gault Village. The average rent is $1,084, compared to the city average of $1,115. Rent prices have decreased by 0.2%. Gault Village is convenient to Matthaei Botanical Gardens, Gault Village, and Michigan. The community is car-dependent with a WalkScore® of 37.
Downtown Ypsilanti
Average Rent
$1,112/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
49/100
Units Available
54 Rentals
Downtown Ypsilanti is an affordable neighborhood in Ypsilanti with an average rent price of $1,112. Compare this to the city average of $1,115. In the past year, rent prices have increased by 3.4%. Downtown Ypsilanti provides easy access to Wayne County C.C., Western, Washtenaw Community College, and Nichols Arboretum. It’s a walkable neighborhood with a WalkScore® of 81.
Ford Lake
Average Rent
$1,116/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
6/100
Units Available
37 Rentals
If you’re looking for a great, affordable neighborhood in Ypsilanti, Ford Lake might be the perfect place! It has an average rent price of $1,116, while the city’s average stands at $1,115. In the last year, prices have increased by 3%. Ford Lake is near Wayne County C.C., Western, Gault Village, and Matthaei Botanical Gardens.
Midtown Ypsilanti
Average Rent
$1,182/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
53/100
Units Available
21 Rentals
Midtown Ypsilanti is a top choice for budget-conscious renters for a variety of reasons. The average rent in Midtown Ypsilanti is $1,182 while the city average is $1,115. This is a 3.6% difference from last year. Residents enjoy convenient access to Eastern Michigan University, Parker Mill Park, and Wayne County C.C., Western. The neighborhood is considered walkable with a WalkScore® of 88.
Depot Town
Average Rent
$1,204/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
50/100
Units Available
6 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Depot Town. The average rent is $1,204, compared to the city average of $1,115. Rent prices have increased by 1.6%. Depot Town is convenient to Nichols Arboretum, Eastern Plaza, and Ypsilanti Plaza. The community is walkable with a WalkScore® of 87.
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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.