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Apartments Under $500 in Ann Arbor, MI

1 - 1 of 1 Result
2
$420
15611 Stone Crossing Dr
Ann Arbor, MI
1 BR | Available Now
Contact
1 - 1 of 1 Results

All Apartments in Ann Arbor, MI

30 Results
17
$1,999 - 2,500
Ponds at Georgetown Apartments
Deal
2511 Packard St Ann Arbor, MI
2 - 3 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
26
$1,099 - 2,054
Ann Arbor Woods
Deal
3.2
2167 Medford RD Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Covered Parking
29
$1,763 - 3,726
618 South Main Apartments
Deal
618 S Main St Ann Arbor, MI
Studio - 2 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
36
$1,484 - 1,721
Cambridge Club
5501 Cambridge Club Cir Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
$1,949
Detroit - Ann Arbor - Briarwood Mall
1501 Briarwood Circle Dr Ann Arbor, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
$2,039
Detroit - Ann Arbor - University South
3265 Boardwalk Dr Ann Arbor, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
21
$1,345 - 1,715
Ivanhoe
1533 Pine Valley Blvd Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
1
$2,015 - 2,500
913 Dewey
Ann Arbor, MI
2 BR | Aug. 16, 2026
Contact
Dishwasher
North Burns Park
1
$5,600
1335 Hill
1335 Hill St Ann Arbor, MI
4 BR | Aug. 22, 2026
Contact
North Burns Park
1
$1,800
111 Fieldcrest #104
Ann Arbor, MI
1 BR | Available Now
Contact
Fitness Center
Dishwasher
Pool
19
$1,909 - 3,449
ReNew Ann Arbor
275 Harbor Way Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
21
$1,929
400 Maynard
Ann Arbor, MI
Studio | Aug. 29, 2026
Contact
Furnished
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Downtown
27
$2,129
518 E William St
Ann Arbor, MI
1 BR | Aug. 29, 2026
Contact
Furnished
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Downtown
5
$5,999
426 S Fourth Ave
Ann Arbor, MI
6 BR | Aug. 29, 2026
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
8
$6,120
426 S Fourth Ave
Ann Arbor, MI
6 BR | Aug. 29, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
6
$1,800 - 2,400
832 Packard St
Ann Arbor, MI
1 - 2 BR | Aug. 20, 2026
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
48
3D Tour
$3,500 - 4,475
Brookhaven Manor Senior Living
401 West Oakbrook Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
34
$1,699 - 2,199
The Park at Sagebrush Circle
Deal
2845 Sagebrush Cir Ann Arbor, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
Fitness Center
53
$1,794 - 3,596
The George
2502 Packard St Ann Arbor, MI
Studio - 3 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
30
$1,669 - 2,476
The George
2502 Packard St Ann Arbor, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
19
$1,349 - 1,599
Manchester West
Deal
1900 W Liberty St Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
41
$929 - 1,499
Evergreen
Deal
3089 Woodland Hills Dr Ann Arbor, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Dishwasher
11
$1,099 - 1,359
Park Place
Deal
1980 Pauline Blvd Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
20
$1,349 - 1,949
Traver Ridge
Deal
2395 Leslie Cir Ann Arbor, MI
1 - 3 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
48
$1,799 - 2,649
State Street Village
Deal
2225 S State St Ann Arbor, MI
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
36
$1,449 - 1,799
Traver Crossing
Deal
1984 Traver Rd Ann Arbor, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
32
$1,199 - 1,599
Glencoe Hills
Deal
2201 Glencoe Hills Dr Ann Arbor, MI
1 - 3 BR | Jul. 6, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
33
$1,499 - 1,599
Meadowbrook Village
Deal
1550 Brookfield Dr Ann Arbor, MI
1 - 2 BR | Jul. 6, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
25
$1,049 - 1,549
Manchester Flats
Deal
1846 Stadium Pl Ann Arbor, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
19
$1,230 - 1,320
PER
ROOM
The Courtyards Apartments
1780 Broadway St Ann Arbor, MI
3 - 4 BR | Available Now
Contact
Student
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
  1. Home
  2. Ann Arbor
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Ann Arbor, MI on Rentable.co?

There is 1 apartment under $500 in Ann Arbor currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Ann Arbor?

Rentable.co has 16 studio apartments under $500 available for rent in Ann Arbor.

How many one-bedroom apartments under $500 are available in Ann Arbor?

Rentable.co has 39 one-bedroom apartments under $500 available for rent in Ann Arbor.

How many two-bedroom apartments under $500 are available in Ann Arbor?

Rentable.co has 75 two-bedroom apartments under $500 available for rent in Ann Arbor.

Can I afford a apartment under $500 in Ann Arbor, MI?

To comfortably afford a apartment under $500 in Ann Arbor based on average rent prices, a household would need an annual income of $17,000.

Which neighborhoods have the most apartments under $500 for rent in Ann Arbor, MI?

  1. Downtown
  2. North Burns Park
  3. Old West Side
  4. South Main

Apartments Under $500 in Ann Arbor, MI: July Rental Information

Welcome to the July 2026 Ann Arbor Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2026 key findings and figures for the Ann Arbor rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Ann Arbor and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Ann Arbor. Whether you're a student on a budget or someone simply looking for affordable housing, this report can help you make informed decisions about your next rental in the vibrant city of Ann Arbor.
0 7 15 22 30 <$1,000 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760 $1,840 $1,920 $2,000 $2,080 $2,160 $2,240 >$2,320

Available Apartments Under $500: Ann Arbor vs. Surrounding Areas

Ann Arbor, MI
Ypsilanti, MI
43
12
In the month of July 2026, Rentable has a total inventory of 57 apartments available under $500 in the Ann Arbor, MI metro area. This includes apartments in Ann Arbor itself and the surrounding cities of Chelsea, Tecumseh, Milan, Clinton, Belleville, Walled Lake, Romulus, Westland, Northville, Saline, Novi, Dexter, Brighton, Wixom, Wolverine Lake, Ypsilanti, Manchester, South Lyon, Pinckney, Howell, Plymouth, Milford, Canton, Whitmore Lake, New Hudson, Willis, Superior Township, Pittsfield, Hamburg Twp, and Royal Oaks. Prospective renters looking for budget-friendly options in this area can explore a variety of apartments within their price range.

Apartments Under $500 Now vs. Last Month: Ann Arbor and Surrounding Areas

City Apartments Under $500 in July M/M % Change
Ann Arbor, MI 43 +1.02%
Ypsilanti, MI 12 +1.05%
Belleville, MI 2 +1.07%
Westland, MI 1 +1.0%
Pittsfield, MI 1 +1.0%
Wixom, MI 1 +1.0%
South Lyon, MI 1 +1.25%
Plymouth, MI 0 +1.33%
Novi, MI 0 +1.0%
Canton, MI 0 +1.5%

Looking for Apartments Under $500 in Ann Arbor?

Available apartments under $500 242
Top amenities Refrigerator, Garbage Disposal, Range / Oven, Near Campus, Student
Deals 10
Pet friendly 15
Utilities included 32
Furnished 42
3 Bedroom 13
4 Bedroom 10
6 Bedroom 10
Square footage 552 - 2,574

Where are Ann Arbor Apartments Under $500?

Top Neighborhoods Downtown, North burns park, Old west side, South main
Downtown 13
North Burns Park 9
Old West Side 3
South Main 2
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