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Showing all results in Ann Arbor, MI.

Apartments under $500 for Rent in Ann Arbor, MI

3,028 Rentals
  1. Price Drop. $588 Off
    |
    2 BEDS
    $1,938+
    3 BEDS
    $2,539+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,899 - $2,500
    Required Monthly Fees$39
    Utilities & EssentialsVaries
    Total Monthly Price$1,938 - $2,539

    Ponds at Georgetown Apartments

    2469-2511 Packard St, Ann Arbor, MI 48104
    (734) 896-5349
  2. Price Drop. $576 Off
    STUDIO
    $1,445+
    1 BED
    $1,510+
    2 BEDS
    $1,968+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,411 - $3,489
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$1,445 - $2,320

    The Haven of Ann Arbor

    459 Village Green Blvd, Ann Arbor, MI 48105
    (734) 577-8243
  3. Price Drop. $551 Off
    |
    STUDIO
    $2,345+
    1 BED
    $1,999+

    The Brady

    414 S Main St, Ann Arbor, MI 48104
    (734) 707-9594
  4. Price Drop. $466 Off
    STUDIO
    $2,536+
    2 BEDS
    $1,130+
    3 BEDS
    $1,580+
    4 BEDS
    $1,180+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,099 - $2,505
    Required Monthly Fees$31
    Utilities & EssentialsVaries
    Total Monthly Price$1,130 - $2,536

    Foundry Lofts

    413 E Huron St, Ann Arbor, MI 48104
    (734) 436-2125
  5. Price Drop. $450 Off
    |
    1 BED
    $1,362+
    2 BEDS
    $1,559+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,332 - $2,054
    Required Monthly Fees$30
    Utilities & EssentialsVaries
    Total Monthly Price$1,362 - $2,084

    Ann Arbor Woods

    2167 Medford Rd, Ann Arbor, MI 48104
    (734) 822-9305
  6. Price Drop. $410 Off
    1 BED
    $1,768+
    2 BEDS
    $1,778+
    3 BEDS
    $2,628+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,768 - $3,504
    Utilities & EssentialsVaries
    Total Monthly Price$1,768 - $2,714

    Briar Cove Apartments

    650 Waymarket Dr, Ann Arbor, MI 48103
    (734) 896-5475
  7. Price Drop. $384 Off
    |
    STUDIO
    $1,724+
    1 BED
    $2,306+
    2 BEDS
    $2,896+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,699 - $4,092
    Required Monthly Fees$25
    Total Monthly Price$1,724 - $4,117

    618 South Main Apartments

    618 S Main St, Ann Arbor, MI 48104
    (734) 821-4890
  8. Price Drop. $290 Off
    1 BED
    $1,149+
    2 BEDS
    $1,249+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,149 - $1,739
    Required Monthly FeesNone
    Total Monthly Price$1,149 - $1,639

    Hillcrest / Park Place

    1980 Pauline Blvd, Ann Arbor, MI 48103
    (734) 724-5972
  9. Building Photo - Michigan Terrace
    Price Drop. $280 Off
    2 BEDS
    $1,395+
    3 BEDS
    $1,995+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,395 - $1,995
    Utilities & EssentialsVaries
    Total Monthly Price$1,395 - $1,995

    Michigan Terrace

    1025 Packard St, Ann Arbor, MI 48104
    (734) 663-4101
  10. Price Drop. $265 Off
    1 BED
    $1,804+
    2 BEDS
    $1,901+
    3 BEDS
    $2,716+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,602 - $3,147
    Required Monthly Fees$12 - $14
    Utilities & EssentialsVaries
    Total Monthly Price$1,804 - $3,161

    Woodbury Gardens Apartments & Townhomes

    1245 Astor Dr, Ann Arbor, MI 48104
    (734) 999-3171
  11. Price Drop. $260 Off
    1 BED
    $1,349+
    2 BEDS
    $1,779+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,349 - $2,089
    Utilities & EssentialsVaries
    Total Monthly Price$1,349 - $2,089

    Traver Crossing

    1984 Traver Rd, Ann Arbor, MI 48105
    (734) 822-5925
  12. Price Drop. $216 Off
    |
    STUDIO
    $1,224+
    1 BED
    $1,350+
    2 BEDS
    $1,464+
    3 BEDS
    $2,245+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,199 - $2,370
    Utilities & EssentialsVaries
    Total Monthly Price$1,224 - $2,370

    Island Drive

    1099 Maiden Ln, Ann Arbor, MI 48105
    (734) 547-6392
  13. Price Drop. $207 Off
    1 BED
    $2,711+
    2 BEDS
    $1,837+
    3 BEDS
    $1,464+
    4 BEDS
    $1,211+
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $2,499
    Required Monthly Fees$212
    Total Monthly Price$1,211 - $2,711

    Saga Ann Arbor

    411 E Washington St, Ann Arbor, MI 48104
    (734) 800-2847
  14. Building Photo - 1223 Hill St
    Price Drop. $155 Off
    1 BED
    $1,145
    Total Monthly Price Total Monthly Price New
    Base Rent$1,145 - $1,350
    Utilities & EssentialsVaries
    Total Monthly Price$1,145 - $1,195

    1223 Hill St

    1223 Hill St, Ann Arbor, MI 48104
    (734) 663-4101
  15. Price Drop. $110 Off
    1 BED
    $949+
    2 BEDS
    $1,259+
    3 BEDS
    $1,499+

    Evergreen

    3089 Woodland Hills Dr, Ann Arbor, MI 48108
    (734) 212-2097
  16. Exceptional Value
    |
    STUDIO
    $849+
    1 BED
    $949+
    2 BEDS
    $1,549+
    Total Monthly Price Total Monthly Price New
    Base Rent$849 - $2,498
    Utilities & EssentialsVaries
    Total Monthly Price$849 - $2,498

    University Towers - UofM Student Housing

    536 S Forest Ave, Ann Arbor, MI 48104
    (734) 822-7409
  17. Building Photo - Greenway Park Apartments
    Exceptional Value
    1 BED
    $1,145+
    2 BEDS
    $1,295+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,145 - $1,345
    Utilities & EssentialsVaries
    Total Monthly Price$1,145 - $1,345

    Greenway Park Apartments

    2756 Golfside Dr, Ann Arbor, MI 48108
  18. Exceptional Value
    |
    STUDIO
    $1,250+
    1 BED
    $1,300+
    2 BEDS
    $1,400+
    3 BEDS
    $1,690+

    Spice Tree

    4854 Washtenaw Ave, Ann Arbor, MI 48108
    (734) 547-6263
  19. Building Photo - Le Boul Mich
    Exceptional Value
    STUDIO
    $1,200+
    1 BED
    $1,295+

    Le Boul Mich

    1325 S University Ave, Ann Arbor, MI 48104
  20. Exceptional Value
    |
    STUDIO
    $1,400+
    1 BED
    $1,600+
    2 BEDS
    $910+
    3 BEDS
    $887+

    Huron Towers

    2200 Fuller Ct, Ann Arbor, MI 48105
    (734) 821-2690
  21. Building Photo - Dean Apartments
    Exceptional Value
    2 BEDS
    $1,058+
    3 BEDS
    $655+

    Dean Apartments

    1021 Vaughn St, Ann Arbor, MI 48104
  22. Building Photo - The Standard at Ann Arbor
    Exceptional Value
    STUDIO
    $2,099+
    2 BEDS
    $1,219+
    3 BEDS
    $1,699+
    4 BEDS
    $1,525+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,219 - $2,099
    Required Monthly FeesNone
    Total Monthly Price$1,219 - $2,099

    The Standard at Ann Arbor

    425 S Main St, Ann Arbor, MI 48104
    (734) 822-5779
  23. Good Value
    1 BED
    $1,549+
    2 BEDS
    $1,839+
    3 BEDS
    $2,219+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,549 - $2,319
    Required Monthly FeesNone
    Total Monthly Price$1,549 - $2,219

    Traver Ridge

    2395 Leslie Cir, Ann Arbor, MI 48105
    (734) 921-1832

Living & Renting in Ann Arbor

Ann Arbor at a Glance

Average Rent

$1,700
(All bedrooms and property types)
Learn more about
Average Rent in Ann Arbor
9

School Rating

out of 10 Rating
Learn more about
Schools in Ann Arbor

Ann Arbor, MI Apartments for Rent

Ann Arbor is home to the University of Michigan and earned the nickname "Tree Town" for maintaining over 50,000 trees along its streets and in parks. Founded in 1824 and incorporated as a city in 1851, this Washtenaw County seat sits along the Huron River and has grown into a center for high technology and research. If you're searching for apartments for rent in Ann Arbor, you'll find everything from historic districts to modern developments near shopping and dining areas.

Renting in Ann Arbor gives you access to a strong economy driven by the university, healthcare, and a growing technology sector that continues to attract startup companies. Popular areas include the Old West Side with its preserved 19th-century architecture, the bustling South University and Kerrytown districts, and neighborhoods near Briarwood Mall. The city offers excellent transportation options, including solid public transit and the Border-to-Border Trail for biking and walking. Residents enjoy year-round attractions like the Kerrytown farmers market, the historic Michigan Theater, and outdoor recreation at Nichols Arboretum and along the Huron River. With its mix of employment opportunities, cultural venues, and convenient access to shopping and entertainment, Ann Arbor makes a great choice for renters looking for an active lifestyle in a well-established community.

Why Ann Arbor?

  • Nicknamed “Tree Town” for the more than 100,000 trees it contains along its streets and in its parks
  • More than 157 municipal parks for recreation
  • The University of Michigan is the city’s largest employer with more than 30,000 employees
  • Forbes named Ann Arbor the “Best College Sports Town” in 2009 and 2010
  • A city that celebrates the arts with the Ann Arbor Art Fairs and the Ann Arbor Film Festival each year
  • Find fresh fruit and produce at the Ann Arbor’s Farmers Market, located in the historic district of Kerrytown

Renting in Ann Arbor

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Ann Arbor

(For 1 bedroom apartments)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
1,302 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
509 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,726 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,658 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
844 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
715 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
683 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
615 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
684 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
460 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
408 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
288 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
533 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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