Beekman on Broadway
1100 Broadway St,
Ann Arbor, MI 48105
Studio - 3 Beds | $2,213 - $3,688
Rental Market Trends in Ann Arbor, MI
Updated August 2026
The average rent in Ann Arbor, MI is $1,672/month.
Rent in Ann Arbor is roughly equal to the national average rent of of $1,664/month.
$1,672/month
Average Rent
710 Sq Ft
Average Size
-0.3%
Change / Year
1,951
Available Apartments
Ann Arbor rent varies by unit size and layout:
- Studio apartments in Ann Arbor average $1,625 per month.
- One-bedroom apartments in Ann Arbor average $1,672 per month.
- Two-bedroom apartments in Ann Arbor average $1,921 per month.
- Three-bedroom apartments in Ann Arbor average $2,582 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Ann Arbor, MI?
In the past year, rent has decreased by 0.3%, which averages out to $5 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Ann Arbor, MI
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
29%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
38%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Ann Arbor?
Based on current rent prices, Oxbridge, Glazier Way and North Burns Park 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, Kerrytown District and West Park 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 Old West Side .
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 $1,672, you’ll want to make about $5,573 per month or $66,876 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 5.5% higher than the national average. Generally, housing in Ann Arbor is 16.8% more expensive than the national average, with rent falling between $1,625 - $2,582. You can expect to pay 10.0% more for groceries, 3.7% less for utilities, and 1.6% 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.
View the Ann Arbor Area GuideStudio
-
$1,513/month
One Bedroom
$887/month
$2,343/month
Two Bedroom
$1,823/month
$3,455/month
Three Bedroom
-
$4,437/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Ann Arbor?
The average rent in Ann Arbor is $1,672 per month, which is 0.5% higher than the national average of $1,664.
What is the average rent for a house in Ann Arbor?
The average rent for a house in Ann Arbor, MI is $2,950 per month.
What is the average rent for a townhome in Ann Arbor?
The average rent for a townhome in Ann Arbor, MI is $2,049 per month.
What is the average rent for a condo in Ann Arbor?
The average rent for a condo in Ann Arbor, MI is $1,788 per month.
Are rents going up or down in Ann Arbor?
Rents in Ann Arbor, MI are decreasing, with prices down 0.3% year-over-year and $5 less per month.
What rent range is most common in Ann Arbor?
In Ann Arbor, MI, 38% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.