University Towers - UofM Student Housing
536 S Forest Ave,
Ann Arbor, MI 48104
$749 - $2,598
Studio - 4 Beds
Central Ann Arbor is an Ann Arbor neighborhood a step east of Detroit. The University of Michigan is right outside of Central Ann Arbor and shapes the neighborhood. The University of Michigan’s research hospital and surrounding medical complex makes up the northern section of Central Ann Arbor, while the University of Michigan’s Nichols Arboretum is situated to the west of the hospital. Fuller Park, located on the Huron River, is just north of the hospital and, in addition to other parks and trails that dot the area, give residents access to opportunities for outdoor recreation. Ann Arbor’s main street and exciting downtown is just outside of Central Ann Arbor and is home to many local restaurants and exciting bars and pubs.
Whether you’re a student looking for a place near campus or a family searching for a spacious home, Central Ann Arbor has a spot for everyone. The rental scene of Central Ann Arbor is made up of apartments, houses, and condos in a variety of styles and expected price ranges suitable for renters from all walks of life.
As of March 2026, the average apartment rent in Central Ann Arbor is $2,013 for a studio, $2,121 for one bedroom, $2,583 for two bedrooms, and $3,105 for three bedrooms. Apartment rent in Central Ann Arbor has decreased by -0.8% in the past year.
Studio
539 sq ft
Average Sq Ft
$2,013/month
Average Rent
1 BR
603 sq ft
Average Sq Ft
$2,121/month
Average Rent
2 BR
837 sq ft
Average Sq Ft
$2,583/month
Average Rent
3 BR
947 sq ft
Average Sq Ft
$3,105/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Central Ann Arbor - Ann Arbor, MI is for everyday living.
Walker's Paradise
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
You’ll have excellent transit living in this area, with several nearby transit stops.
Biker's Paradise
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† 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 February 2026.