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Rental Market Trends in Ann Arbor, MI

What is the average rent in Ann Arbor, MI?

$1,660/month

Average Rent

714 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of June 2025, the average rent in Ann Arbor, MI is $1,660 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Ann Arbor rent prices are 2% higher than the national average. When you rent an apartment in Ann Arbor, you can expect to pay about $1,650 per month for a studio, $1,660 for a one-bedroom apartment, and around $1,931 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,550 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,650/month
410 Sq Ft
One Bedroom
$1,660/month
714 Sq Ft
Two Bedroom
$1,931/month
992 Sq Ft
Three Bedroom
$2,550/month
1,293 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,284/month
1,075 Sq Ft
Three Bedroom
$3,277/month
1,662 Sq Ft
Four Bedroom
$4,288/month
1,932 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,955/month
620 Sq Ft
Two Bedroom
$2,284/month
1,163 Sq Ft
Three Bedroom
$2,964/month
1,645 Sq Ft
Four Bedroom
$3,813/month
2,364 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,080/month
894 Sq Ft
Three Bedroom
$3,030/month
1,561 Sq Ft

How much has average rent changed in Ann Arbor, MI?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Ann Arbor, MI
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Ann Arbor, MI
Percentage*
Rent Range
1% Below $700/month
4% $700 - $1,000/month
28% $1,001 - $1,500/month
39% $1,501 - $2,000/month
29% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ann Arbor?

Based on current rent prices, Washtenaw Heights, Arbor Oaks and Southeast Ann Arbor are the most affordable neighborhoods in Ann Arbor.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washtenaw Heights
$1,368/month
628 Sq Ft
Arbor Oaks
$1,469/month
724 Sq Ft
Southeast Ann Arbor
$1,501/month
653 Sq Ft
Pittsfield Lodi
$1,522/month
725 Sq Ft
Old Fourth Ward
$1,552/month
505 Sq Ft
Greenview & Pioneer Nature Area
$1,626/month
638 Sq Ft
West Ann Arbor
$1,646/month
659 Sq Ft
South Ann Arbor
$1,700/month
738 Sq Ft
Village Green of Ann Arbor
$1,818/month
758 Sq Ft
Lawton
$1,835/month
898 Sq Ft

What are the most expensive neighborhoods in Ann Arbor?

Based on current rent prices, Old West Side, Downtown Ann Arbor and Northern Brewery are the most expensive neighborhoods in Ann Arbor.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Old West Side
$2,357/month
641 Sq Ft
Downtown Ann Arbor
$2,338/month
596 Sq Ft
Northern Brewery
$2,334/month
649 Sq Ft
South Main
$2,297/month
656 Sq Ft
Plansmart
$2,282/month
692 Sq Ft
Central Ann Arbor
$2,240/month
630 Sq Ft
Broadway
$2,213/month
650 Sq Ft
Huron Highlands
$2,200/month
745 Sq Ft
Ann Arbor Scio
$2,090/month
727 Sq Ft
Harbor House at Ann Arbor
$2,063/month
824 Sq Ft

Which Ann Arbor neighborhoods have the most rentals available?

The neighborhoods in Ann Arbor with the most apartments available are Ann Arbor Scio, Pittsfield Lodi and Plansmart .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ann Arbor Scio
$2,090/month
727 Sq Ft
Pittsfield Lodi
$1,522/month
725 Sq Ft
Plansmart
$2,282/month
692 Sq Ft
Broadway
$2,213/month
650 Sq Ft
South Ann Arbor
$1,700/month
738 Sq Ft
Northern Brewery
$2,334/month
649 Sq Ft
Central Ann Arbor
$2,240/month
630 Sq Ft
West Ann Arbor
$1,646/month
659 Sq Ft
Downtown Ann Arbor
$2,338/month
596 Sq Ft
Old West Side
$2,357/month
641 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Ann Arbor is $1,660, you’ll want to make about $5,533 per month or $66,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Ann Arbor, MI is 4.2% higher than the national average. Generally, housing in Ann Arbor is 15.6% more expensive than the national average, with rent falling between $1,650 - $2,550. You can expect to pay 9.5% more for groceries, 4.3% less for utilities, and 6.2% less for transportation.

City

Ann Arbor, MI

2,651 Available Apartments for Rent

Search for Nearby Apartments

How does Ann Arbor, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Ann Arbor, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Ann Arbor, MI

Apartment Averages

Washtenaw Heights

Ann Arbor, MI

Old West Side

Ann Arbor, MI

Loading Results...

Studio
-
$1,793/month
One Bedroom
-
$1,681/month
Two Bedroom
-
$2,213/month
Three Bedroom
-
$3,505/month
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Nearby City Rent Trends

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Apartment communities in Ann Arbor we think you'll love

Beekman on Broadway

Beekman on Broadway

1100 Broadway St,
Ann Arbor, MI 48105

Studio - 3 Beds | $2,075 - $3,650

Corner House Apartments

Corner House Apartments

205 S State St,
Ann Arbor, MI 48104

2-3 Beds | $2,295 - $3,995

University Towers - UofM Student Housing

University Towers - UofM Student Housing

536 S Forest Ave,
Ann Arbor, MI 48104

Studio - 4 Beds | $649 - $2,484

The George

The George

2502 Packard St,
Ann Arbor, MI 48104

Studio - 3 Beds | $1,760 - $3,536

Property Management Companies in Ann Arbor, MI

McKinley
McKinley
  • 24

    Communities

  • 8,149

    Units

  • 4

    Cities

12 Communities in Ann Arbor
Village Green
Village Green
  • 170

    Communities

  • 36,064

    Units

  • 98

    Cities

5 Communities in Ann Arbor
Greystar
Greystar
  • 3,274

    Communities

  • 909,252

    Units

  • 844

    Cities

4 Communities in Ann Arbor
Friedman Real Estate
Friedman Real Estate
  • 37

    Communities

  • 8,621

    Units

  • 26

    Cities

4 Communities in Ann Arbor
Trowbridge Companies
Trowbridge Companies
  • 15

    Communities

  • 1,872

    Units

  • 8

    Cities

4 Communities in Ann Arbor
BEZTAK Properties
BEZTAK Properties
  • 105

    Communities

  • 24,537

    Units

  • 60

    Cities

3 Communities in Ann Arbor
Hayman Company
Hayman Company
  • 27

    Communities

  • 7,852

    Units

  • 21

    Cities

3 Communities in Ann Arbor
LR Management
LR Management
  • 63

    Communities

  • 14,162

    Units

  • 39

    Cities

2 Communities in Ann Arbor

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United States Michigan Ann Arbor Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity