Most Affordable Neighborhoods in Ypsilanti, MI
Some of the cheapest neighborhoods in Ypsilanti are East Park, Midtown Ypsilanti, and Prospect Park. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of June 17, 2025, the average rent in Ypsilanti is $1,121, which is 5.6% 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.
East Park
Average Rent
$994/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
East Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Park is $994 while the city average is $1,121. Residents enjoy convenient access to Rolling Hills Park, Matthaei Botanical Gardens, and Wayne County C.C., Western. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Midtown Ypsilanti
Average Rent
$995/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
53/100
Units Available
23 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Midtown Ypsilanti. The average rent is $995, compared to the city average of $1,121. Rent prices have increased by 3.7%. Midtown Ypsilanti is convenient to Ypsilanti Plaza, County Farm Park, and Courtland Square. The community is walkable with a WalkScore® of 88.
Prospect Park
Average Rent
$1,004/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
6/100
Units Available
11 Rentals
Prospect Park is an affordable neighborhood in Ypsilanti with an average rent price of $1,004. Compare this to the city average of $1,121. In the past year, rent prices have decreased by 2.2%. Prospect Park provides easy access to Washtenaw Community College, Michigan, and Nichols Arboretum. It’s a somewhat walkable neighborhood with a WalkScore® of 62.
Downtown Ypsilanti
Average Rent
$1,077/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
49/100
Units Available
68 Rentals
If you’re looking for a great, affordable neighborhood in Ypsilanti, Downtown Ypsilanti might be the perfect place! It has an average rent price of $1,077, while the city’s average stands at $1,121. In the last year, prices have increased by 3.5%. Downtown Ypsilanti is near Eastern Plaza, Detroit Metro Wayne County, and Rolling Hills Park.
Ford Lake
Average Rent
$1,120/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
6/100
Units Available
41 Rentals
Ford Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ford Lake is $1,120 while the city average is $1,121. This is a 3.9% difference from last year. Residents enjoy convenient access to Parker Mill Park, Matthaei Botanical Gardens, and Paint Creek Crossing. The neighborhood is considered car-dependent with a WalkScore® of 30.
Arborwoods
Average Rent
$1,309/Month
Units Available
36 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Arborwoods. The average rent is $1,309, compared to the city average of $1,121. Arborwoods is convenient to County Farm Park, Matthaei Botanical Gardens, and Parker Mill Park.
Ready to make your move to Ypsilanti? 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.