Beekman on Broadway
1100 Broadway St,
Ann Arbor, MI 48105
Studio - 3 Beds | $2,120 - $3,650
Rental Market Trends in Ann Arbor, MI
What is the average rent in Ann Arbor, MI?
$1,668/month
Average Rent
713 Sq Ft
Average Apartment Size
+2.2%
Increase in the Last Year
As of July 2025, the average rent in Ann Arbor, MI is $1,668 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Ann Arbor rent prices are 2% higher than the national average. When you rent an apartment in Ann Arbor, you can expect to pay about $1,657 per month for a studio, $1,668 for a one-bedroom apartment, and around $1,943 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,550 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Ann Arbor, MI?
In the past year, rent has increased by 2.2%, which averages out to $38 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Ann Arbor, MI
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
3%
$700 - $1,000/month
27%
$1,001 - $1,500/month
40%
$1,501 - $2,000/month
29%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Ann Arbor?
Based on current rent prices, Washtenaw Heights, Southeast Ann Arbor and Arbor Oaks are the most affordable neighborhoods in Ann Arbor.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Ann Arbor?
Based on current rent prices, Downtown Ann Arbor, Central Ann Arbor and Oak Meadows are the most expensive neighborhoods in Ann Arbor.
Neighborhood
Average Rent
Average Sq Ft
Which Ann Arbor neighborhoods have the most rentals available?
The neighborhoods in Ann Arbor with the most apartments available are Pittsfield Lodi, Ann Arbor Scio and Plansmart .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ann Arbor, MI?
Because the average rent in Ann Arbor is $1,668, you’ll want to make about $5,560 per month or $66,720 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Ann Arbor, MI is 4.2% higher than the national average. Generally, housing in Ann Arbor is 15.6% more expensive than the national average, with rent falling between $1,657 - $2,550. You can expect to pay 9.5% more for groceries, 4.3% less for utilities, and 6.2% less for transportation.
How does Ann Arbor, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Ann Arbor, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,593/month
One Bedroom
-
$2,278/month
Two Bedroom
-
$3,522/month
Three Bedroom
-
$4,246/month
Nearby City Rent Trends
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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 2025.
* Percentages may not total 100 due to rounding.