Ann Arbor, MI Rental Market Trends

Highlights

The average rent for an apartment in Ann Arbor is $1,503, a 3% increase compared to the previous year, when the average rent was $1,463.

Average Rent in Ann Arbor, MI

Last updated Feb 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,503 3% 880 sq. ft.

The average size for a Ann Arbor, MI apartment is 880 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Ann Arbor, MI Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00016%
  • $1,001-$1,50052%
  • $1,501-$2,00017%
  • > $2,00014%

Ann Arbor, MI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Ann Arbor, MI $1,345 $1,380 $1,395 $1,397 $1,449 $1,463 $1,473 $1,472 $1,503
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Ann Arbor, MI By Neighborhood

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The most affordable neighborhoods in Ann Arbor are Montibeller Park, where the average rent goes for $1,045/month, Ann Arbor Municipal Airport, where renters pay $1,091/mo on average, and Bryant, where the average rent goes for $1,091/mo. If you’re looking for other great deals, check out the listings from Carpenter ($1,091), Clinton-George ($1,091), and Stonebridge Golf Club ($1,091), where the asking prices are below the average Ann Arbor rent of $1,503/mo.

The most expensive neighborhoods in Ann Arbor are Huron Hills ($2,125), Oxbridge ($2,125) and Tuomy Hills ($2,125).

Ann Arbor | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Ann Arbor Country Club is 28% higher than in Ann Arbor Municipal Airport

$1,392

Ann Arbor Country Club rent is 7% lower than Ann Arbor average

Average Rent $1,392
$1,091

Ann Arbor Municipal Airport rent is 27% lower than Ann Arbor average

Average Rent $1,091

How Does Ann Arbor Compare to Nearby Cities

Average Rent Y-o-Y Change
Ann Arbor $1,503 3%
Ypsilanti $1,104 3%
Milan $866 11%
Barton Hills $1,394 1%
Chelsea $1,389 8%
Dexter $1,293 5%
Manchester $1,389 8%
Saline $1,334 6%
Scio Town $1,392 4%
Whitmore Lake $1,326 1%
Whittaker $866 11%

For more information about the Ann Arbor rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Ann Arbor apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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