Most Affordable Neighborhoods in Ypsilanti, MI
Some of the cheapest neighborhoods in Ypsilanti are Downtown Ypsilanti, Ford Lake, and Arborwoods. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of August 5, 2025, the average rent in Ypsilanti is $1,102, which is 3% 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.
Downtown Ypsilanti
Average Rent
$1,094/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
49/100
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 $1,094, while the city’s average stands at $1,102. In the last year, prices have increased by 1.7%. Downtown Ypsilanti is near Michigan, Matthaei Botanical Gardens, and Parker Mill Park.
Ford Lake
Average Rent
$1,113/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
6/100
Units Available
40 Rentals
Ford Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ford Lake is $1,113 while the city average is $1,102. This is a 2.6% difference from last year. Residents enjoy convenient access to Eastern Michigan University, Rolling Hills Park, and Parker Mill Park. The neighborhood is considered car-dependent with a WalkScore® of 30.
Arborwoods
Average Rent
$1,260/Month
Units Available
27 Rentals
When you’re looking for a great Ypsilanti neighborhood on a budget, check out Arborwoods. The average rent is $1,260, compared to the city average of $1,102. Arborwoods is convenient to Parker Mill Park, Washtenaw Community College, and Eastern Michigan University.
Wellesley Gardens Condominiums
Average Rent
$1,471/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
Wellesley Gardens Condominiums is an affordable neighborhood in Ypsilanti with an average rent price of $1,471. Compare this to the city average of $1,102. Wellesley Gardens Condominiums provides easy access to Washtenaw Community College, Parker Mill Park, and Michigan. It’s a car-dependent neighborhood with a WalkScore® of 25.
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.