Ann Arbor, MI Rental Market Trends
What is the average rent in Ann Arbor?
The average rent for an apartment in Ann Arbor is $1,636, a 2% increase compared to the previous year.
Average Rent in Ann Arbor, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,636 | 2% | 880 sq. ft. |
What is the average apartment size in Ann Arbor?
The average size for a Ann Arbor, MI apartment is 880 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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
- $701-$1,0009%
- $1,001-$1,50049%
- $1,501-$2,00026%
- > $2,00016%
Ann Arbor, MI Occupied Housing Units
- Renter-occupied Households55%
- Owner-occupied Households44%
26,541 or 55% of the households in Ann Arbor, MI are renter-occupied while 21,224 or 44% are owner-occupied.
Ann Arbor, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann Arbor, MI | $1,472 | $1,500 | $1,504 | $1,530 | $1,567 | $1,582 | $1,577 | $1,616 | $1,574 | $1,604 | $1,636 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Ann Arbor, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Burns Park | $2,219 |
| Germantown | $2,219 |
| Huron Hills | $2,219 |
| Oxbridge | $2,219 |
| Tuomy Hills | $2,219 |
| Downtown Ann Arbor | $1,830 |
| Greater Sunset | $1,718 |
| Cranbrook Tower | $1,622 |
| Arbor Hills | $1,537 |
| Broadway Area | $1,537 |
| Dhu Varren | $1,537 |
| Emery | $1,537 |
| Geddes | $1,537 |
| Geddes Lake | $1,537 |
| Glazier | $1,537 |
| Northfield | $1,537 |
| Ann Arbor Country Club | $1,506 |
| Huron River Heights | $1,506 |
| Country French Estates | $1,466 |
| Lawton | $1,466 |
| Old West Side Ann Arbor | $1,466 |
| Pioneer Nature | $1,466 |
| Polo Fields Golf And Country Club | $1,466 |
| Sister Lakes | $1,466 |
| Westover | $1,466 |
| Bryant Pattengill West | $1,313 |
| Ann Arbor Municipal Airport | $1,137 |
| Bryant | $1,137 |
| Carpenter | $1,137 |
| Clinton-George | $1,137 |
| Stonebridge Golf Club | $1,137 |
| Montibeller Park | $1,108 |
What are the most affordable neighborhoods in Ann Arbor?
The most affordable neighborhoods in Ann Arbor are Montibeller Park, where the average rent goes for $1,108/month, Ann Arbor Municipal Airport, where renters pay $1,137/mo on average, and Bryant, where the average rent goes for $1,137/mo. If you’re looking for other great deals, check out the listings from Carpenter ($1,137), Clinton-George ($1,137), and Stonebridge Golf Club ($1,137), where the asking prices are below the average Ann Arbor rent of $1,636/mo.
What are the most expensive neighborhoods in Ann Arbor?
The most expensive neighborhoods in Ann Arbor are Huron Hills ($2,219), Oxbridge ($2,219) and Tuomy Hills ($2,219).
What are the most popular neighborhoods in Ann Arbor?
The most popular neighborhood in Ann Arbor is Downtown Ann Arbor, where there are 15 verified RENTCafé listings with an average rent of $1,830. Next up is Broadway Area, where apartments go for $1,537/month, followed by Germantown with $2,219 If you’re looking to rent in Ann Arbor’s most popular neighborhoods, make sure to also check out Burns Park, where renters pay $2,219 on average, and Bryant Pattengill West, where the average monthly rent is $1,313.
Ann Arbor | Rent Comparison by Neighborhood
Rent in Ann Arbor Country Club is 32% higher than in Ann Arbor Municipal Airport
Ann Arbor Country Club rent is 8% lower than Ann Arbor average
| Average Rent | $1,506 |
|---|
Ann Arbor Municipal Airport rent is 31% lower than Ann Arbor average
| Average Rent | $1,137 |
|---|
How Ann Arbor Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,153 | 5% |
| Detroit | $1,123 | 4% |
| East Lansing | $1,299 | n/a |
| Lansing | $925 | 6% |
| Ann Arbor | $1,636 | 2% |
| Toledo | $767 | 4% |
| Southfield | $1,103 | 1% |
| Farmington Hills | $1,187 | 1% |
| Canton | $1,219 | 7% |
| Royal Oak | $1,150 | 11% |
| Sterling Heights | $1,015 | 7% |