Average Rent in Ann Arbor, MI

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Current Versus Historical Ann Arbor, MI Rents

Ann Arbor rentals average $1,295 for a studio rental to $5,600 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $26 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $48 (-3.60%) year-over-year from $1,343 to $1,295. 1-bedroom rentals prices have decreased by $17 (-1.10%) year-over-year from $1,517 to $1,500. 2-bedroom rentals prices have decreased by $368 (-15.96%) year-over-year from $2,308 to $1,940. 3-bedroom rentals prices have decreased by $205 (-6.40%) year-over-year from $3,201 to $2,996. 4-bedroom rentals prices have decreased by $1,108 (-17.71%) year-over-year from $6,258 to $5,150. 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 0.13% this month. 1-bedroom rents have gone up by 4.65% this month. 2-bedroom rents have gone up by 2.28% this month. 3-bedroom rents have gone up by 1.61% this month. 4-bedroom rents have gone down by 5.33% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $39.43 $1,295 $1,343 (-3.60%) $921 (40.68%)
1 BR $28.62 $1,500 $1,517 (-1.10%) $1,372 (9.33%)
2 BR $24.71 $1,940 $2,308 (-15.96%) $1,953 (-0.65%)
3 BR $26.62 $2,996 $3,201 (-6.40%) $2,633 (13.81%)
4+ BR $21.73 $5,150 $6,258 (-17.71%) $5,625 (-8.44%)

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

There are a total of 1 neighborhoods in or near Ann Arbor. One neighborhood in the area is South Main. We've included all of these top 1 neighborhoods in or near Ann Arbor, MI in the following table.

The average rent for these 1 neighborhoods in or near Ann Arbor, MI is currently around $1,775 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Ann Arbor's average rent, which is actually $1,800. Out of all the neighborhoods in or near Ann Arbor, South Main has the most affordable average rent at $1,775 per month. Whereas, at $1,775 average rent per month, South Main is the most expensive neighborhood in or near Ann Arbor. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Main, Ann Arbor, MI N/A $1,550 $1,850 $1,775

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 $1,800. That's roughly around $26 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 $1,800. Vice versa, with an average rent of $1,800, 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 $1,295 $1,550 $1,900 $1,800

Top Zipcodes Near Ann Arbor

There is one zipcode in or near Ann Arbor, MI. The average rent for this zipcode is $1,685. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 48103, Scio, MI at $1,685 per month. In comparison, the zipcode with the most expensive average rent of $1,685 per month is 48103, Scio, MI.

The following table includes the zipcode in or near Ann Arbor, MI. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
48103, Scio, MI $1,158 $1,448 $1,795 $1,685

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 $1,800. 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 $1,295 and an average price per square feet of $39.43. There are a total of 38 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 $1,550 and an average price per square feet of $28.62. There are a total of 156 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 $1,900 and an average price per square feet of $24.71. There are a total of 184 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 -0.04%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.16%, three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in Ann Arbor, MI?
A reasonable rent price in Ann Arbor, MI is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.