Average Rent in 48104, Ann Arbor, MI

48104 rentals average $0 for a 1-bedroom rental to $2,350 for a 2-bedroom rental. The median price of all currently available listings is $2,300, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $159 (13.60%) year-over-year from $1,166 to $1,325. 1-bedroom rentals prices have increased by $178 (12.55%) year-over-year from $1,417 to $1,595. 2-bedroom rentals prices have increased by $187 (9.27%) year-over-year from $2,013 to $2,200. 3-bedroom rentals prices have increased by $862 (32.85%) year-over-year from $2,623 to $3,485. 4-bedroom rentals prices have increased by $2,107 (40.20%) year-over-year from $5,243 to $7,350. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 6.28% this month. 1-bedroom rents have gone down by 1.75% this month. 2-bedroom rents have gone down by 2.91% this month. 3-bedroom rents have gone up by 3.41% this month. 4-bedroom rents have gone up by 18.18% this month.