Average Rent in Ann Arbor, MI

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Current Versus Historical Ann Arbor, MI Rents

Ann Arbor rentals average $1,338 for a studio rental to $3,975 for a 4-bedroom rental. The median price of all currently available listings is $2,025, or roughly $24 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $23 (-1.73%) year-over-year from $1,348 to $1,325. 1-bedroom rentals prices have increased by $45 (3.36%) year-over-year from $1,340 to $1,385. 2-bedroom rentals prices have decreased by $148 (-6.90%) year-over-year from $2,148 to $2,000. 3-bedroom rentals prices have decreased by $67 (-2.35%) year-over-year from $2,842 to $2,775. 4-bedroom rentals prices have decreased by $1,450 (-28.43%) year-over-year from $5,100 to $3,650. 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 3.65% this month. 1-bedroom rents have gone up by 1.65% this month. 2-bedroom rents have gone up by 2.13% this month. 3-bedroom rents have gone down by 6.72% this month. 4-bedroom rents have gone down by 22.59% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$62.53	$1,325	$1,348 (-1.73%)	$1,341 (-1.18%)
1 BR	$29.93	$1,385	$1,340 (3.36%)	$1,566 (-11.57%)
2 BR	$23.03	$2,000	$2,148 (-6.90%)	$1,950 (2.56%)
3 BR	$24.24	$2,775	$2,842 (-2.35%)	$2,499 (11.04%)
4+ BR	$18.82	$3,650	$5,100 (-28.43%)	$4,067 (-10.25%)

Historical Rents in Ann Arbor, MI

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ann Arbor

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Ann Arbor

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Ann Arbor

There are a total of 1 counties located by Ann Arbor, MI. One county in the area is Ann Arbor, MI. The average rent for rentals in these counties is $2,025. That's roughly around $24 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Ann Arbor, MI. Its average rent per month is $2,025. Vice versa, with an average rent of $2,025, Ann Arbor, MI is the most expensive county by Ann Arbor, MI.

Typically, rent for studios in Ann Arbor, MI is on par with the other counties nearby. In comparison, rent for one bedroom listings in Ann Arbor, MI is on par with the other counties nearby. Finally, rent for two bedrooms in Ann Arbor, MI is on par with the other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Ann Arbor, MI	$1,338	$1,375	$2,000	$2,025

Top Zipcodes Near Ann Arbor

There are a total of 2 zipcodes in or near Ann Arbor, MI. The average rent for all of these zipcodes is $2,138.

Studios in these zipcodes have an average rent of $600. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ann Arbor, MI is $1,400 per month. Or in other words, $53 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,994 per month. Which comes out to $22 per sqft. The following table includes the top 2 zipcodes in Ann Arbor, MI. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
48105, Ann Arbor, MI	N/A	$1,150	$2,100	$2,225
48103, Scio, MI	$1,200	$1,650	$1,888	$2,050

Frequently Asked Questions - Ann Arbor Average Rents

What is the average rent price in Ann Arbor, MI?

The average monthly rental price for Ann Arbor, MI apartments for rent is approximately $2,025. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Ann Arbor, MI rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Ann Arbor, MI.

How much is a studio apartment in Ann Arbor, MI?

The average monthly rental price for studio apartments is $1,338 and an average price per square feet of $62.53. There are a total of 8 studio apartment listings currently available for rent in Ann Arbor.

How much is a one bedroom apartment in Ann Arbor, MI?

The average monthly rental price for one bedroom apartments is $1,375 and an average price per square feet of $29.93. There are a total of 55 one bedroom apartment listings currently available for rent in Ann Arbor.

How much is a two bedroom apartment in Ann Arbor, MI?

The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $23.03. There are a total of 81 two bedroom apartment listings currently available for rent in Ann Arbor.

How have rent prices in Ann Arbor, MI changed this year?

Rent prices for rentals in Ann Arbor, MI can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by -0.07%, three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Ann Arbor, MI?

A reasonable rent price in Ann Arbor, MI is around $1,620/month. You can search for these reasonably priced rental listings on RentHop.