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Average Rent in Ann Arbor, MI

12 apartment buildings, 118 units. Real asking prices, refreshed daily. 8 more available with Average Rent Pro

Avg Rent

$2,119/mo

market average

Cheapest

$1,249/mo

AVIA Lofts on Victors Way

Properties

12

tracked daily

Units

118

available now

Ann Arbor, MI Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 12 properties in Ann Arbor, MI.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Ann Arbor, MI Rent Prices

All 12 properties ranked by lowest available rent.

#1 3.7 (43)

AVIA Lofts on Victors Way

800 Victors Way, Ann Arbor, MI 48108, USA

From $1,249/mo
Avg $1,302 2 units
#2 4 (135)

Woodbury Gardens Apartments & Townhomes

1245 Astor Ave, Ann Arbor, MI 48104, USA

From $1,456/mo
Avg $2,098 53 units
#3 4.4 (139)

Ann Arbor Apartments managed by CMB

2025 Huron Pkwy Apt 115, Ann Arbor, MI 48104, USA

From $1,575/mo
Avg $1,575 1 units
#4 4.8 (69)

VERVE Ann Arbor Apartments

721 S Forest Ave, Ann Arbor, MI 48104, USA

From $1,639/mo
Avg $1,992 8 units
#5 4.1 (161)

Arbor Landings Apartments

545 Landings Blvd, Ann Arbor, MI 48103, USA

From $1,752/mo
Avg $1,861 11 units
#6 3.6 (105)

Briar Cove Terrace Apartments

650 Waymarket Dr, Ann Arbor, MI 48103, USA

From $1,765/mo
Avg $2,077 24 units
#7 4.8 (38)

Hoover + Greene

950 Greene St, Ann Arbor, MI 48104, USA

From $1,820/mo
Avg $2,314 6 units

Explore Each Property

AVIA Lofts on Victors Way apartments in Ann Arbor, MI

AVIA Lofts on Victors Way

3.7 (43)

800 Victors Way, Ann Arbor, MI 48108, USA

From $1,249/mo
2 units
Woodbury Gardens Apartments & Townhomes apartments in Ann Arbor, MI

Woodbury Gardens Apartments & Townhomes

4 (135)

1245 Astor Ave, Ann Arbor, MI 48104, USA

From $1,456/mo
53 units
Ann Arbor Apartments managed by CMB apartments in Ann Arbor, MI

Ann Arbor Apartments managed by CMB

4.4 (139)

2025 Huron Pkwy Apt 115, Ann Arbor, MI 48104, USA

From $1,575/mo
1 units
VERVE Ann Arbor Apartments apartments in Ann Arbor, MI

VERVE Ann Arbor Apartments

4.8 (69)

721 S Forest Ave, Ann Arbor, MI 48104, USA

From $1,639/mo
8 units
Arbor Landings Apartments apartments in Ann Arbor, MI

Arbor Landings Apartments

4.1 (161)

545 Landings Blvd, Ann Arbor, MI 48103, USA

From $1,752/mo
11 units
Briar Cove Terrace Apartments apartments in Ann Arbor, MI

Briar Cove Terrace Apartments

3.6 (105)

650 Waymarket Dr, Ann Arbor, MI 48103, USA

From $1,765/mo
24 units

Ann Arbor, MI Average Rent Prices 2026

The average rent in Ann Arbor, MI is $2,119 per month, based on 118 units across 12 apartment communities. Prices range from $1,249 at AVIA Lofts on Victors Way to $2,400 at Allmand Properties.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $2,050/mo $1,249/mo 6
1 Bed $1,782/mo $1,456/mo 38
2 Bed $2,220/mo $1,354/mo 46
3 Bed $2,551/mo $1,575/mo 22
4 Bed $1,966/mo $1,889/mo 6

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Building Economics

How much do Ann Arbor, MI apartments earn?

The 6 buildings we can estimate generate about $2.4M in rental revenue per month ($29M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Est. Occupancy Units
1.Woodbury Gardens Apartments & Townhomes $951K/mo 90% 538
2.The Villas at MainStreet $636K/mo 99% 294
3.Briar Cove Terrace Apartments $378K/mo 89% 216
4.Uptown Ann Arbor $285K/mo 94% 132
5.Hoover + Greene $127K/mo 90% 60

Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Ann Arbor, MI, and what they pay

Tracked one-bedroom rent in Ann Arbor, MI averages $1,782/mo, with two-bedroom units averaging $2,220/mo. At the local median household income of $81,089, that works out to 31% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Ann Arbor, MI at $1,552/mo. The current tracked market average runs 37% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Ann Arbor, MI while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Ann Arbor

Demand in the Ann Arbor rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • University of Michigan
  • Michigan Medicine
  • Toyota Research Institute

Mean one-way commute in Ann Arbor, MI is 20 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Ann Arbor, MI?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$85,000/year

Based on the 30 percent rule, using our tracked average rent of $2,119/mo.

Comfortable income

$102,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,249/mo), you need to earn at least $50,000/year.

Median household income in Ann Arbor, MI is $81,089 , about 20% below the comfortable-living threshold.

Cost of living in Ann Arbor, MI

Overall prices in Ann Arbor, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Ann Arbor, MI's regional price parities.

Category Monthly estimate
Rent (market average) $2,119
Utilities $482
Groceries $508
Transportation $1,149
Healthcare $561
Other goods and services $897
Estimated total $5,717/mo

Population

121,179

Median household income

$81,089

Census median rent

$1,552/mo

Rent as % of income

34.9%

Median age

27.7

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Michigan

How Ann Arbor, MI rent compares to other markets in the state.

City Avg Rent vs Ann Arbor, MI Properties
Detroit, MI $1,918 -9% 16
Auburn Hills, MI $2,527 +19% 14
Livonia, MI $1,536 -28% 10
Kalamazoo, MI $1,516 -28% 10
Lansing, MI $1,513 -29% 9
Sterling Heights, MI $1,520 -28% 8

Frequently asked questions

What is the average rent in Ann Arbor, MI?

The average rent in Ann Arbor, MI is $2,119 per month, based on 118 units across 12 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Ann Arbor, MI?

The lowest available rent in Ann Arbor, MI starts at $1,249 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Ann Arbor, MI?

1-bedroom apartments in Ann Arbor, MI average $1,782/mo. The lowest listed 1-bedroom starts at $1,456/mo across 38 units tracked.

How much is a 2-bedroom apartment in Ann Arbor, MI?

2-bedroom apartments in Ann Arbor, MI average $2,220/mo. Units start from $1,354/mo across 46 units currently listed.

Rent Trends in Ann Arbor, MI

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