Best Affordable Neighborhoods in Ypsilanti, MI
Some of the cheapest neighborhoods in Ypsilanti are Midtown Ypsilanti, Gault Village, and Depot Town. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of May 7, 2026, the average rent in Ypsilanti is $1,119, which is 0.7% 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
$1,072/Month
Year-Over-Year Rent Change
0.9%
Units Available
16 Rentals
Midtown Ypsilanti is an affordable neighborhood in Ypsilanti with an average rent price of $1,072. Compare this to the city average of $1,119. In the past year, rent prices have decreased by 0.9%. Midtown Ypsilanti provides easy access to Matthaei Botanical Gardens, Eastern Michigan University, and Eastern Plaza.
Gault Village
Average Rent
$1,075/Month
Year-Over-Year Rent Change
4.2%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Ypsilanti, Gault Village might be the perfect place! It has an average rent price of $1,075, while the city’s average stands at $1,119. In the last year, prices have decreased by 4.2%. Gault Village is near Ypsilanti Plaza, Wayne County C.C., Western, and Michigan.
Depot Town
Average Rent
$1,106/Month
Year-Over-Year Rent Change
1.1%
Units Available
12 Rentals
Depot Town is a top choice for budget-conscious renters for a variety of reasons. The average rent in Depot Town is $1,106 while the city average is $1,119. This is a 1.1% difference from last year. Residents enjoy convenient access to County Farm Park, Eastern Plaza, and Detroit Metro Wayne County.
Downtown Ypsilanti
Average Rent
$1,111/Month
Year-Over-Year Rent Change
0.7%
Units Available
62 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Downtown Ypsilanti. The average rent is $1,111, compared to the city average of $1,119. Rent prices have increased by 0.7%. Downtown Ypsilanti is convenient to Michigan, Washtenaw Community College, and Eastern Michigan University.
Ford Lake
Average Rent
$1,158/Month
Year-Over-Year Rent Change
6.2%
Units Available
53 Rentals
Ford Lake is an affordable neighborhood in Ypsilanti with an average rent price of $1,158. Compare this to the city average of $1,119. In the past year, rent prices have increased by 6.2%. Ford Lake provides easy access to Rolling Hills Park, Wayne County C.C., Western, and Parker Mill Park.
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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.