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The Ann Arbor Art Fair is among the largest in the nation
Fall color in Ann Arbor
Hot air balloon over Ann Arbor

Ann Arbor, MI

Area Guide

Avg Rent

$1,685

Population

118,961

Renter Mix

56% Rent

One of America’s greatest college towns

University Historic Public Transit

Ann Arbor is a city where a world-class research university and a thriving technology sector have genuinely shaped the place into something worth paying attention to. The University of Michigan, founded in 1817 and the oldest in the state, anchors both the economy and the cultural pulse of this Washtenaw County seat. Major employers in education, healthcare through Michigan Medicine, and a growing cluster of tech startups give the city a steady, opportunity-driven energy without the sprawl of a large metro.

Neighborhoods here each carry a distinct personality. Kerrytown sits close to a year-round farmers market and preserved historic storefronts. The Old West Side offers streets lined with 19th-century homes, while areas near North Campus draw those connected to research and engineering. Burns Park and South University put residents within easy reach of central campus and everyday conveniences. The city's greenbelt program keeps surrounding land open, reinforcing the "Tree Town" identity Ann Arbor has held for generations.

The rental market spans garden-style apartment communities, converted historic houses, high-rise options near downtown, and spacious townhomes further from the core. Each summer, the Ann Arbor Art Fair transforms the city's streets into one of the largest juried art events in the country, reflecting the creative character woven into everyday life here.

Explore the City

The Ann Arbor Art Fair is among the largest in the nation

Fall color in Ann Arbor

Hot air balloon over Ann Arbor

The University of Michigan library

Demographics

Median Household Income

$73,908

Average: $106,259

Education

64,464

Residents Have a Degree

Job Market

61,163

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

31 Years

Largest Age Group

20-29 Years

Approximately 28% of Residents

Under 20

21%

Over 65

14%

Housing Distribution

Ann Arbor has more renters than homeowners.

Renters
56%
Non-Renters
44%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
50%
Other Education
50%

Rent Trends

As of June 2026, the average apartment rent in Ann Arbor, MI is $1,607 for a studio, $1,685 for one bedroom, $1,928 for two bedrooms, and $2,616 for three bedrooms. Apartment rent in Ann Arbor has decreased by -0.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,685/month
707 Sq Ft
House
$3,651/month
1,117 Sq Ft
Condo
$2,389/month
1,271 Sq Ft
Townhome
$2,207/month
902 Sq Ft
See Rental Market Trends in Ann Arbor, MI

Cost of Living

The cost of living in Ann Arbor, MI is 5.4% higher than the national average. Generally, housing in Ann Arbor is 16.8% more expensive than the national average, with rent falling between $1,607 - $2,616. You can expect to pay 10.0% more for groceries, 4.5% less for utilities, and 1.6% less for transportation.

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Getting Around

Exceptionally Walkable

Walkability

90 / 100

Good Public Transit

Transit

70 / 100

Fairly Drivable

Drivability

40 / 100

Very Bikeable

Bikeability

80 / 100

Schools

Ann Arbor Open at Mack School

Public

Grades K-8

488 Students

Burns Park Elementary School

Public

Grades K-5

460 Students

Uriah H. Lawton School

Public

Grades K-5

408 Students

Angell School

Public

Grades K-5

288 Students

Martin Luther King Elementary School

Public

Grades K-5

533 Students

Ann Arbor Open at Mack School

Public

Grades K-8

488 Students

Slauson Middle School

Public

Grades 6-8

715 Students

Clague Middle School

Public

Grades 6-8

683 Students

Forsythe Middle School

Public

Grades 6-8

615 Students

Tappan Middle School

Public

Grades 6-8

684 Students

Skyline High School

Public

Grades 9-12

1,302 Students

Community High School

Public

Grades 9-12

509 Students

Pioneer High School

Public

Grades 9-12

1,726 Students

Huron High School

Public

Grades 9-12

1,658 Students

Washtenaw Technical Middle College

Public

Grades 9-12

844 Students

Points of Interest

Shopping Centers

Parks and Recreation

  • University of Michigan Museum of Natural History
  • Ann Arbor Hands-On Museum
  • Nichols Arboretum
  • Leslie Science and Nature Center
  • County Farm Park

Airports

  • Detroit Metro Wayne County

Top Apartments in Ann Arbor

Houses for Rent in Ann Arbor

Living in Ann Arbor

History

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Ann Arbor's history begins with its founding in 1824 by settlers from the East Coast, though the land along the Huron River had long been home to Native American communities. When the University of Michigan relocated here from Detroit in 1837, the small town's trajectory shifted permanently. The institution's original campus buildings established the Classical Revival style that still defines much of Central Campus, and the city grew alongside the university, incorporating in 1851. Many neighborhoods preserve this 19th-century character. The Old West Side showcases streets of Victorian homes built by early faculty and merchants, while Kerrytown maintains its 19th-century storefronts near the historic farmers market. Downtown's Main Street corridor mixes original brick and limestone commercial buildings with newer construction, and the Michigan Theater stands as a preserved 1928 movie palace that avoided demolition and remains an active venue. Across campus and downtown, adaptive reuse projects continue to breathe life into historic structures, connecting residents to layers of the past while serving present-day needs.

Restaurants

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Ann Arbor's dining scene is shaped by its university roots and a community that takes food seriously. Restaurant Week, held twice a year in January and June, draws residents out to sample menus across the city at special prices, reflecting the local enthusiasm for dining out. The Kerrytown neighborhood anchors much of the culinary energy, with the year-round Ann Arbor Farmers Market supplying local produce to home cooks and chefs alike. Zingerman's Delicatessen, a community institution open since 1982, has grown into a local food empire known for its hand-crafted sandwiches and house-baked breads that supply numerous area kitchens. Beyond that anchor, the city's restaurant landscape spans Japanese, Korean, Middle Eastern, South Asian, Ethiopian, and Italian cuisine, along with a strong independent bar and pub culture that reflects the city's diverse, internationally minded population.

Transportation

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Getting around Ann Arbor is manageable whether you drive, ride, or walk. TheRide, the city's public bus system, connects neighborhoods to downtown, the University of Michigan campuses, and Michigan Medicine. I-94, US-23, and M-14 make regional travel straightforward, with Detroit about 45 minutes east and Detroit Metropolitan Wayne County Airport roughly 30 miles away. The Ann Arbor Amtrak station offers daily rail service to Chicago and Detroit. For cyclists, the Border-to-Border Trail along the Huron River provides a well-used off-road route, and many streets near campus have dedicated bike infrastructure. Downtown and the areas around Central Campus are walkable, with sidewalks and short blocks putting most daily errands within easy reach on foot.

Parks

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Ann Arbor earns its "Tree Town" nickname through a park system that weaves green space throughout the city. Nichols Arboretum, operated by the University of Michigan, spans roughly 123 acres along the Huron River and offers wooded trails, a peony garden, and sweeping views across natural ravines. Nearby Gallup Park sits along the same river corridor and provides paved paths, a canoe and kayak launch, picnic areas, and a small lagoon popular with cyclists and families. The Border-to-Border Trail follows the Huron River for miles and connects many of the city's parks into a continuous greenway suited for hiking, running, and cycling. Burns Park serves the central residential neighborhoods with open playfields and tree-lined paths, while the city's greenbelt program actively protects farmland and natural areas on Ann Arbor's outskirts.

Cost

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Ann Arbor's overall cost of living runs about 5% above the national average, with housing costs representing the most significant premium at roughly 17% higher than the national norm. Healthcare costs also index notably higher, while utilities, transportation, and miscellaneous expenses come in slightly below national averages. Renters can expect to pay around $1,649 per month for a studio, $1,700 for a one-bedroom, and $1,955 for a two-bedroom. Rents tend to be highest near the University of Michigan campus and downtown, while neighborhoods farther from the core generally offer more affordable options. The median household income in Ann Arbor sits at approximately $73,900, reflecting the city's educated workforce tied largely to the university, healthcare, and technology sectors.

Shopping

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Ann Arbor's shopping scene is anchored by a few distinct districts, each with its own character. The Kerrytown district, one of the city's oldest commercial neighborhoods, draws residents to its mix of specialty food shops, independent boutiques, and the Ann Arbor Farmers Market, which has operated year-round for decades and features local produce, artisan goods, and handmade crafts. Downtown's Main Street and State Street corridors offer a walkable stretch of storefronts ranging from locally owned retailers to established national brands, with historic buildings lending the area an appealing sense of place. On the south side, Briarwood Mall provides a more traditional indoor mall experience with a broad range of retailers under one roof. Each summer, the Ann Arbor Art Fair transforms downtown streets into one of the largest juried art fairs in the country, drawing artists and shoppers from across the region.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.