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.