Average Rent in Ann Arbor, MI

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Current Versus Historical Ann Arbor, MI Rents

Ann Arbor rentals average $1,290 for a studio rental to $3,975 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $26 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $73 (-5.36%) year-over-year from $1,353 to $1,280. 1-bedroom rentals prices have increased by $66 (4.94%) year-over-year from $1,332 to $1,398. 2-bedroom rentals prices have increased by $152 (7.40%) year-over-year from $2,048 to $2,200. 3-bedroom rentals prices have increased by $607 (22.97%) year-over-year from $2,642 to $3,249. 4-bedroom rentals prices have decreased by $650 (-15.29%) year-over-year from $4,250 to $3,600. 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 down by 1.60% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 4.35% this month. 3-bedroom rents have gone up by 9.52% this month. 4-bedroom rents have gone down by 26.15% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $40.62 $1,280 $1,353 (-5.36%) $1,555 (-17.68%)
1 BR $30.22 $1,398 $1,332 (4.94%) $1,560 (-10.39%)
2 BR $25.34 $2,200 $2,048 (7.40%) $1,929 (14.04%)
3 BR $23.55 $3,249 $2,642 (22.97%) $2,558 (26.98%)
4+ BR $18.68 $3,600 $4,250 (-15.29%) $4,098 (-12.16%)

Historical Rents in Ann Arbor, MI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ann Arbor

There are a total of 1 cities nearby Ann Arbor. The average rent in Ann Arbor is currently $1,203 per month. Only one city nearby has an average rent lower than that. Our records show that Ypsilanti, MI, with an average rent of $1,203, is the most affordable city nearby. In contrast, the most expensive city near Ann Arbor, MI is Ypsilanti, MI. Monthly rents here are on average $1,203 per month.

Let's compare Ann Arbor, MI's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ann Arbor, MI is 63.57% more expensive than other cities nearby. One bedrooms are about 25.09% more expensive. Two bedrooms in Ann Arbor, MI are about 33.01% more expensive. Finally, rent for three bedrooms are about 42.05% more expensive. Want more information? Check out the top 1 cities near Ann Arbor, MI in the following table.
City Studio 1 Bed 2 Bed All
Ypsilanti, MI $470 $1,045 $1,365 $1,203

Top Neighborhoods Near Ann Arbor



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Ann Arbor

There are a total of 2 counties located by Ann Arbor, MI. Some of these counties include Ypsilanti, MI and Ann Arbor, MI. The average rent for rentals in these counties is $1,551. That's roughly around $23 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Ypsilanti, MI. Its average rent per month is $1,203. Vice versa, with an average rent of $1,900, Ann Arbor, MI is the most expensive county by Ann Arbor, MI.

Typically, rent for studios in Ann Arbor, MI is 31.78% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ann Arbor, MI is 12.54% more expensive than other counties nearby. Finally, rent for two bedrooms in Ann Arbor, MI is 16.50% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Ypsilanti, MI $470 $1,045 $1,365 $1,203
Ann Arbor, MI $1,290 $1,395 $2,038 $1,900

Top Zipcodes Near Ann Arbor

There are a total of 3 zipcodes in or near Ann Arbor, MI. The average rent for all of these zipcodes is $1,900. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 48197, Ypsilanti, MI at $1,200 per month. In comparison, the zipcode with the most expensive average rent of $2,200 per month is 48105, Ann Arbor, MI.

Studios in these zipcodes have an average rent of $1,100. That's at least $37 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ann Arbor, MI is $1,150 per month. Or in other words, $33 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,875 per month. Which comes out to $23 per sqft. The following table includes the top 3 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 $1,300 $1,150 $2,200 $2,200
48103, Scio, MI $1,100 $1,400 $1,875 $1,900
48197, Ypsilanti, MI $470 $995 $1,280 $1,200

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 $1,900. 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 $1,290 and an average price per square feet of $40.62. There are a total of 18 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 $1,395 and an average price per square feet of $30.22. There are a total of 91 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 $2,038 and an average price per square feet of $25.34. There are a total of 98 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 -0.05%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Ann Arbor, MI?
A reasonable rent price in Ann Arbor, MI is around $1,520/month. You can search for these reasonably priced rental listings on RentHop.
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