Cheapest Neighborhoods in Ypsilanti, MI
Some of the cheapest neighborhoods in Ypsilanti are Midtown Ypsilanti, Depot Town, and Downtown Ypsilanti. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of August 5, 2026, the average rent in Ypsilanti is $1,100, which is 3.1% 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.
Midtown Ypsilanti
Average Rent
$1,064/Month
Year-Over-Year Rent Change
1.2%
Units Available
12 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Midtown Ypsilanti. The average rent is $1,064, compared to the city average of $1,100. Rent prices have increased by 1.2%. Midtown Ypsilanti is convenient to Nichols Arboretum, Matthaei Botanical Gardens, and Ypsilanti Plaza.
Depot Town
Average Rent
$1,093/Month
Year-Over-Year Rent Change
1.3%
Units Available
12 Rentals
Depot Town is an affordable neighborhood in Ypsilanti with an average rent price of $1,093. Compare this to the city average of $1,100. In the past year, rent prices have increased by 1.3%. Depot Town provides easy access to Eastern Michigan University, 1011 E Michigan, and Rolling Hills Park.
Downtown Ypsilanti
Average Rent
$1,109/Month
Year-Over-Year Rent Change
0.7%
Units Available
42 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 $1,109, while the city’s average stands at $1,100. In the last year, prices have increased by 0.7%. Downtown Ypsilanti is near Washtenaw Community College, Wayne County C.C., Western, and Ypsilanti Plaza.
Ford Lake
Average Rent
$1,130/Month
Year-Over-Year Rent Change
10%
Units Available
31 Rentals
Ford Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ford Lake is $1,130 while the city average is $1,100. This is a 10% difference from last year. Residents enjoy convenient access to Eastern Michigan University, Rolling Hills Park, and Washtenaw Community College.
Arborwoods
Average Rent
$1,343/Month
Units Available
22 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Arborwoods. The average rent is $1,343, compared to the city average of $1,100.
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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.