Apartments in Central Ann Arbor

31 - 38 of 38 Results
20
$1,294 - 2,336
Deal
3.2
2167 Medford RD Ann Arbor, MI
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Covered Parking
37
$1,219 - 2,221
4907 Cloverlane Dr Ypsilanti, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
18
$1,157 - 1,748
4907 Cloverlane Drive Pittsfield Twp, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
13
$1,295
1573 S Congress St Ypsilanti, MI
2 BR | May. 7, 2024
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Cat Friendly
Disability Access
22
$890 - 1,300
1420 Gregory St Ypsilanti, MI
1 - 2 BR | Available Now
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Storage
10
$2,003
1725 Cardiff Row Superior Township, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
10
$1,070
Deal
1714 Meadow Woods Blvd Ypsilanti, MI
1 BR | May. 14, 2024
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Dog Friendly
Cat Friendly
2
Call for Pricing
Ann Arbor, MI
4 BR | Available Now
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Balcony/Deck/Patio
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Ann Arbor:
May Rent Report

Welcome to the May 2024 Ann Arbor Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Ann Arbor rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Ann Arbor and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Ann Arbor average rent prices in the chart below.

Monthly Rent Report

$2,200
$1,650
$1,100
$550
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Ann Arbor Rent Prices Increase From April to May

Ann Arbor rent prices increased over the last month. From April to May, the city experienced a 1.35% increase for the price of a one-bedroom apartment. The rent price for a Ann Arbor one-bedroom apartments currently stands at $1,574.0.

When we take a look at the two-bedroom comparison from April to May, Ann Arbor experienced a 0.55% increase for the price of a two-bedroom apartment. The rent price for a Ann Arbor two-bedroom apartments currently stands at $2,015.0.

May Prices: Ann Arbor vs. Surrounding Areas

Ann Arbor, MI
Canton, MI
Northville, MI
Belleville, MI
Novi, MI
Ypsilanti, MI
Wixom, MI
Westland, MI
$1,553
$1,525
$1,381
$1,343
$1,246
$1,117
$1,074
$1,038
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Ann Arbor and Surrounding Areas

Rent prices have increased in Ann Arbor over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Ann Arbor suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Novi, MI, Wixom, MI, Westland, MI, Northville, MI, Belleville, MI .

  • Rent decreased in Ypsilanti, MI, Canton, MI.

  • 7 suburbs are currently priced lower than the city of Ann Arbor.

May 2024 Pricing Trends: Ann Arbor vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Ann Arbor, MI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,553
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Ann Arbor Rent Prices More Affordable Than Major Cities

Rent growth in Ann Arbor over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Ann Arbor average rent prices appear to be relatively affordable for local residents.

The price for a Ann Arbor one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Ann Arbor and surrounding area rent prices, take a look at the complete data set below.

Data set for Ann Arbor and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Ann Arbor, MI $1,553.0 1.24% $2,004.0 -0.94%
Ypsilanti, MI $1,117.0 -0.18% $1,340.0 1.90%
Novi, MI $1,246.0 1.14% $1,611.0 0.19%
Wixom, MI $1,074.0 1.61% $1,260.0 -1.56%
Westland, MI $1,038.0 0.39% $1,179.0 0.08%
Canton, MI $1,525.0 0.00% $1,910.0 -1.09%
Northville, MI $1,381.0 1.77% $1,539.0 1.18%
Belleville, MI $1,343.0 1.36% $1,533.0 3.02%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.