University Towers - UofM Student Housing
536 S Forest Ave,
Ann Arbor, MI 48104
$749 - $2,598
Studio - 4 Beds
Located 45 miles west of Detroit, Downtown Ann Arbor is a charming district that’s known for being a hub of innovation and culture. This vibrant community feels like a small town, but with the sophistication of a big city. Downtown is lined with a variety of restaurants, trendy hangouts, and local businesses. Downtown Ann Arbor is the proud home of the University of Michigan, so the district has a youthful exuberance that’s alluring to an array of renters, as well as major attractions like Michigan Stadium and the University of Michigan Museum of Natural History. Other museums, breweries, restaurants, and parks all reside in downtown as well. Apartments in Downtown Ann Arbor range from affordable to upscale, so there’s something for every renter.
As of March 2026, the average apartment rent in Downtown Ann Arbor is $1,662 for a studio, $2,398 for one bedroom, $3,751 for two bedrooms, and $4,122 for three bedrooms. Apartment rent in Downtown Ann Arbor has increased by 0.6% in the past year.
Studio
401 sq ft
Average Sq Ft
$1,662/month
Average Rent
1 BR
604 sq ft
Average Sq Ft
$2,398/month
Average Rent
2 BR
1,036 sq ft
Average Sq Ft
$3,751/month
Average Rent
3 BR
1,242 sq ft
Average Sq Ft
$4,122/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown 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.