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VERVE Ann Arbor Apartments apartments in Ann Arbor, MI

Updated

VERVE Ann Arbor Apartments

721 S Forest Ave, Ann Arbor, MI 48104

4.8 (69 reviews) Official Website

Live pricing, refreshed

8
Units Listed
$1,639
Starting at
$1,992
Average
$2,499
Highest
$1.60
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Ann Arbor, MI rent trends

Beds

Pricing by Bedroom

2 Bed
$2,499
from $2,499 · 1 units
~776 sqft avg
3 Bed
$1,639
from $1,639 · 1 units
~1,526 sqft avg
4 Bed
$1,966
from $1,889 · 6 units
~1,281 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (1)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$44K/mo

from 21 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$2,106

vs $1,992 current asking

Recent Lease Activity

29 units tracked; 21 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Burns Park

Neighborhood

Comparing 5 apartments in Burns Park. Click any bar to view that building.

Available Units

8 units
3 Bed 3BR-1526
$1,639/mo
1,526 ft² · $1.07/ft\u00B2 · #3BR-1526
4 Bed 4BR-1218
$1,889/mo
1,218 ft² · $1.55/ft\u00B2 · #4BR-1218
4 Bed 4BR-1310
$1,889/mo
1,310 ft² · $1.44/ft\u00B2 · #4BR-1310
4 Bed 4BR-1330
$1,909/mo
1,330 ft² · $1.44/ft\u00B2 · #4BR-1330
4 Bed 4BR-1282
$1,999/mo
1,282 ft² · $1.56/ft\u00B2 · #4BR-1282
4 Bed 4BR-1315
$2,009/mo
1,315 ft² · $1.53/ft\u00B2 · #4BR-1315
4 Bed 4BR-1228
$2,099/mo
1,228 ft² · $1.71/ft\u00B2 · #4BR-1228
2 Bed 2BR-776
$2,499/mo
776 ft² · $3.22/ft\u00B2 · #2BR-776

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Ann Arbor, MI notes

No resident notes for this property yet.

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Ann Arbor, MI Rent Trends

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