Island Drive
1099 Maiden Ln,
Ann Arbor, MI 48105
$1,395 - $2,370
Studio - 3 Beds
Old Fourth Ward
Ann Arbor, MI
Old Fourth Ward - Ann Arbor, MI
Area Guide
A tranquil neighborhood in the heart of Ann Arbor
Historic
•
Scenic
•
Walkable
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Convenient
•
Peaceful
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College Town
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Known for being one of the first residential areas in the city, Old Fourth Ward is a historic Ann Arbor neighborhood in a central locale. Old Fourth Ward offers residents walkable access to the University of Michigan’s main campus and medical center campus in addition to vibrant stretches of Main Street and Liberty Street.
Old Fourth Ward is also walkable to several of the lush parks that line the Huron River. The neighborhood is revered for its convenience as well as its many beautiful apartments and houses available for rent along tranquil, tree-lined roads. The Ann Arbor Farmers Market and the Kerrytown Market and Shops are within walking distance of Old Fourth Ward as well.
Rent Trends
As of January 2026, the average apartment rent in Old Fourth Ward is $797 for a studio, $1,418 for one bedroom, $2,001 for two bedrooms, and $8,278 for three bedrooms. Apartment rent in Old Fourth Ward has increased by 1.7% in the past year.
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Studio
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112 sq ft
Average Sq Ft
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$797/month
Average Rent
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1 BR
-
484 sq ft
Average Sq Ft
-
$1,418/month
Average Rent
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2 BR
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772 sq ft
Average Sq Ft
-
$2,001/month
Average Rent
-
3 BR
-
0 sq ft
Average Sq Ft
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$8,278/month
Average Rent
Transportation
94
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
74
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
86
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Ann Arbor Hands-On Museum
- University of Michigan Museum of Natural History
- Leslie Science and Nature Center
- Nichols Arboretum
- County Farm Park
Airports
- Detroit Metro Wayne County
Top Apartments in Old Fourth Ward
Houses for Rent in Old Fourth Ward
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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 November 2025.