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Apartments for Rent in Ann Arbor, MI
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Average rent in Ann Arbor, MI

$1,933/mo Ann Arbor, MI average rental price, February 2023
Image Average Rent

The average monthly rent of apartments in Ann Arbor, MI is $1,933.

    Ann Arbor, MI apartment rent ranges

    About 37% of apartment rents in Ann Arbor, MI range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 28% of apartments. Around 34% of Ann Arbor’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced between $701-$1,000.

    Ann Arbor, MI rent trends

    Check out the average rent prices in Ann Arbor by neighborhood.

    Compared to the national average rent of $1,702, the average rent in Ann Arbor, MI is $1,933.

    Getting around in Ann Arbor, MI

    92 /100
    Walker's Paradise
    60 /100
    Good Transit
    83 /100
    Very Bikeable
    Walk Score®: 92, Transit Score®: 60, Bike Score®: 83

    Frequently asked questions

    When were prices and availability in Ann Arbor, MI last updated?

    Prices and availability in Ann Arbor, MI were last updated on 1 Apr 2023.

    What are the best apartments in Ann Arbor, MI?

    The best apartments in Ann Arbor, MI are: The George, Town and Country - Ann Arbor, ReNew Ivanhoe, The Villas at Northstar and Ann Arbor Woods.

    What is the average rent in Ann Arbor, MI?

    The average rent in Ann Arbor, MI is $1,933. Start your search for apartments in Ann Arbor, MI now.

    What is the price range for a studio apartment in Ann Arbor, MI?

    The price range for a studio apartment in Ann Arbor, MI is between $500 and $3,283. View all studio apartments in Ann Arbor, MI.

    What is the price range for a 1-bedroom apartment in Ann Arbor, MI?

    The price range for a 1-bedroom apartment in Ann Arbor, MI is between $800 and $3,695. Browse all available 1-bedroom apartments in Ann Arbor, MI now.

    What is the price range for a 2-bedroom apartment in Ann Arbor, MI?

    The price range for a 2-bedroom apartment in Ann Arbor, MI is between $1,250 and $4,526. Browse and find a 2-bedroom apartment in Ann Arbor, MI.

    What is the price range for a 3-bedroom apartment in Ann Arbor, MI?

    The price range for a 3-bedroom apartment in Ann Arbor, MI is between $1,210 and $4,508. Browse all available 3-bedroom apartments in Ann Arbor, MI.

    What type of rental buildings are in Ann Arbor, MI?

    In Ann Arbor 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 15% of Ann Arbor’s apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.

    What do typical apartment communities look like in Ann Arbor, MI?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Ann Arbor are about 40 years old, on average. Of these, 18% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 83% of the rental communities here are low-rise, garden-style communities, 9% are mid-rises, and 8% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Ann Arbor, MI?

    Rental apartments in Ann Arbor come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Ann Arbor. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Ann Arbor, MI in the news

    Renter's guide to Ann Arbor, MI

    According to the 2010 U.S. Census, the City of Ann Arbor was the 6th largest city in the State of Michigan, with a recorded population of 113,934. However, considering that there are over 43,000 students at the University of Michigan, you begin to get the picture of this city being very much a college town.

    In fact, the university has had a major influence on Ann Arbor since it moved its campus there from Detroit in 1837 - a short move, even at that time, given that the distance from Detroit to Ann Arbor is only 43 miles. Another popular Midwestern city, Chicago is approximately 240 miles from Ann Arbor. If you’re looking for a cost-effective way to get to Chicago from Ann Arbor, consider taking a direct bus. A one-way fare costs between $24 and $32.

    In general, the climate in Ann Arbor is greatly influenced by its proximity to the Great Lakes, with mid-summer high temperatures in the mid-80s and winter low temperatures that average in the upper 20s.

    Tips for renting in Ann Arbor, MI

    The State of Michigan has a rather extensive tenants’ and landlords’ rights ordinance, with which anyone renting in Ann Arbor should familiarize themselves.

    Ann Arbor is often referred to as "Tree Town" for the more than 50,000 trees that line the city streets. Many of the residential areas are in the heart of Ann Arbor where the University of Michigan is located and apartments and townhouses in this area are generally occupied by students or young professionals. Since much of the population is college educated, Ann Arbor is a great place to live if you're looking for a place with a high education standard.

    Depending on where one has moved from, and the Ann Arbor neighborhood that one is moving into, the housing market may or may not be considered affordable, so be sure to do refer to an Ann Arbor neighborhood map and do some extensive research on the various neighborhoods before signing a lease.

    Things for renting

    Ann Arbor, MI demographics

    Ann Arbor, MI has a population of 122,731 according to the most recent data from the U.S. Census Bureau. 62,242 of Ann Arbor’s residents are women and 60,489 are men. The median age of those who live in Ann Arbor, MI is 27.5.

    Living in Ann Arbor, MI

    There are many pros to living in Ann Arbor. The city is regularly recognized in various annual rankings, the most recent being Esquire Magazine’s "The 15 U.S. Towns Most Worthy of a Day Trip" (#5), Nerdwallet’s "Best Cities for Women in the Workforce" (#7), and Forbes’ "Top 20 Happiest Cities To Work In Right Now" (#20), as well as repeatedly making Livability.com’s top ten list of college towns. However, as Livability has pointed out, it’s a great place to live over and above the college town atmosphere. Certainly, the diversity of Ann Arbor neighborhoods plays an important role and some of the best neighborhoods in Ann Arbor, such as the Bryant neighborhood just south of U.S. Interstate 94, are quite diverse.

    Like many other cities, Ann Arbor’s downtown development has meant more residents in the city’s central business district, and along with a soon to be launched bike-share program, all contribute to improving Ann Arbor’s walkability score, making it easier for residents to live without a car.

    As for the downsides, Ann Arbor weather in the winter can be challenging, but the city’s numerous cultural amenities and strong economy far outweigh the minor discomforts of cold and snow.

    Ann Arbor, MI households

    • 21,748 Family
      27,913 Non-family
    • 8,913 Children
      40,748 No Children
    • 49,661Total Number of Households
    • 2.21Average People Per Household
    • $73,276Median Household Income

    According to U.S. Census data, there are 49,661 households in Ann Arbor, MI. 21,748 are family households and 27,913 are non-family households. There are 8,913 households with children in Ann Arbor and 40,748 households without children. On average, about 2.21 people live in a household in Ann Arbor, MI.

    Things to do in Ann Arbor, MI

    Though Ann Arbor is a relatively small town, it certainly doesn’t lack in big-city sophistication, culture, and wonderful neighborhoods. With more than 150 parks and the beautiful Huron River flowing through town, the city boasts an abundance of hiking and cycling trails, as well as some of the best canoeing and kayaking along the nationally recognized Huron River water trail. Coupled with numerous golf courses in the area, any outdoor enthusiast is never short of things to do in Ann Arbor year round.

    The cultural scene is certainly driven by the presence of the University of Michigan and its several performing arts groups and facilities on campus. However, there are numerous local arts groups that are not affiliated with the university, including the Ann Arbor Civic Theatre, the Arbor Opera Theater, the Ann Arbor Symphony Orchestra, and the Ann Arbor Ballet Theater. Over 30 independent bookstores call this city home.

    Whether you’re in the mood for a classic movie or the latest Hollywood blockbuster, there are plenty of nice movie theatres in town to get your popcorn-and-film fix. Rave on Carpenter and Quality 16 on Jackson (a 1/4 mile west of Wagner Rd.) are two of the best places in Ann Arbor for movie buffs, and if you don’t mind a 30-min drive to Canton, definitely check out Emagine (next to Home Depot on 39535 Ford Road).

    Things to do

    Whether you’re in the mood for a classic movie or the latest Hollywood blockbuster, there are plenty of nice movie theatres in town to get your popcorn-and-film fix. Rave on Carpenter and Quality 16 on Jackson (a 1/4 mile west of Wagner Rd.) are two of the best places in Ann Arbor for movie buffs, and if you don’t mind a 30-min drive to Canton, definitely check out Emagine (next to Home Depot on 39535 Ford Road).

    Given so much to do in Ann Arbor one can certainly work up an appetite and the city has nearly 300 restaurants in the area to satisfy that appetite, including Ann Arbor’s most famous eatery - Zingerman's Deli. Included among some of the best Ann Arbor restaurants are just about every well-known ethnic palate from Asian to European to Middle Eastern to Mexican and Central American, along with popular pizza joints, steak houses, and traditional American fare. The variety and quality of the food at eateries such as Aventura, Pizza House, Sava’s, The Chop House, and No Thai! rival any found in many major metropolitan cities.

    Families with kids in Ann Arbor will surely have a blast at German Park’s public picnic events. There is a $5 fee per person yet entrance is free for children aged 12 and below; in return, you’ll get to enjoy some delightful authentic German dinners and lively dance performances.

    Families with kids in Ann Arbor will surely have a blast at German Park’s public picnic events. There is a $5 fee per person yet entrance is free for children aged 12 and below; in return, you’ll get to enjoy some delightful authentic German dinners and lively dance performances.

    As for shopping options, check out Bivouac, a unique store selling a mix of Men’s and Women’s clothing and gear. When you’re ready for some real retail therapy, Kerrytown Market & Shops will give you that and more with its interesting collection of designer shops and quaint, locally-owned boutiques. Briarwood Mall is another good option, with approx. 120 stores including Macy's, JC Penney, Von Maur, Sears, Victoria's Secret, Apple, and Coach.

    Throughout the year there is a plethora of festivals and events, including the award-winning Ann Arbor Art Fair, the Ann Arbor Film Festival, the annual Ann Arbor Summer Festival, and of course The Ark Ann Arbor - the ever popular, nationally recognized acoustic and folk music festival. Finally, not to be overlooked, is the fall tradition of Michigan Football, which takes over the city on numerous weekends from September through November and on any given Saturday brings in more than 100,000 people to Ann Arbor to tailgate and fill "The Big House" to watch “Big Blue” football.

    Things to do

    Ann Arbor, MI employment & economy

    The University of Michigan employs roughly 30,000 people and therefore is the city’s largest employer. Nevertheless, the Ann Arbor economy is quite diversified, offering jobs in Ann Arbor industries such as automotive research and development, life sciences and health care services and research, software development, education, and publishing. After the university, the largest employers are Trinity Health (5,800), General Motors Milford Proving Grounds (3,750), and the Ann Arbor Public School district (2,500). The City of Ann Arbor unemployment rate (3.2%) was one of the lowest of any city in the country, much less the State of Michigan.

    Education in Ann Arbor, MI

    When it comes to higher education Ann Arbor may just be one of the most recognized cities in the country - being home to the University of Michigan. Founded in 1817 - a full 20 years before Michigan became a state - it is considered one of the leading research universities in the US. Its graduate program offers doctoral degrees in the humanities, social sciences, and STEM fields (Science, Technology, Engineering, and Mathematics) and its athletic program competes in Division I of the NCAA in the Big Ten Conference. Probably nothing defines Ann Arbor more than “Big Blue,” as the university is known.

    Ann Arbor public schools are part of the Ann Arbor Public Schools (AAPS) district and operates more than two dozen elementary as well as high schools. Ann Arbor is also home to several private schools, including the highly recognized Rudolf Steiner School, which offers a Waldorf education, and several charter schools.

    Ann Arbor, MI education statistics

    The level of education of the population of Ann Arbor, MI is as follows: 1% have no high school education, 14% completed some high school, 10% partially completed college, 4% have an Associate Degree, 34% have a Bachelor Degree, and 38% have a Graduate Degree.

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