Studio Condos for Rent in Ann Arbor, MI

/30
$1,859 Per Month
- Studio
- 1 Bath
- 300 Sq Ft
- Furnished Studio-Detroit - Ann Arbor - Briarwood Mall
1501 Briarwood Cir, Ann Arbor, MI 48108

Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

Furnished Studio-Detroit - Ann Arbor - Briarwood Mall

1501 Briarwood Cir, Ann Arbor, MI 48108
Explore Ann Arbor
/35
$1,949 Per Month
- Studio
- 1 Bath
- 300 Sq Ft
- Furnished Studio-Detroit - Ann Arbor - University South
3265 Boardwalk Dr, Ann Arbor, MI 48108

Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

Furnished Studio-Detroit - Ann Arbor - University South

3265 Boardwalk Dr, Ann Arbor, MI 48108
/6
$1,350 Per Month
- Studio
- 1 Bath
- Condo for Rent
303 E Madison St Unit 1, Ann Arbor, MI 48104

Property Id: 2785131 Charming Studio in quaint remodeled home. Steps from the Band Center and on the block with the Perry Building. Close to Downtown and the coming new bus center. Ready for FAll.

303 E Madison St Unit 1, Ann Arbor, MI 48104
/5
$1,500

Total Monthly Price
- Studio
- 1 Bath
- 430 Sq Ft
- Condo for Rent
555 E William St Unit 17th floor, Ann Arbor, MI 48104

Sunny, large studio in Tower Plaza Condominiums on E. William St., on the 17th floor! Full kitchen, full bathroom, and plenty of closet space. Partially furnished with Queen bed and desk. Beautiful view of the main campus and football stadium. Only steps away from the University of Michigan Union and downtown Ann Arbor.

555 E William St Unit 17th floor, Ann Arbor, MI 48104
/10
$1,250

Total Monthly Price
- Studio
- 1 Bath
- 285 Sq Ft
- Condo for Rent
522 N Division St Unit 3, Ann Arbor, MI 48104

Charming studio apartment in Kerrytown available now. This apartment has beautiful hardwood floors, a new kitchen with new cabinets, granite counters, dishwasher, and built-in microwave. The newly renovated bathroom has a tiled floor, tiled tub surround, and new vanity with granite countertop. There is free laundry and parking available on premises. Close to University of Michigan Medical campus,

522 N Division St Unit 3, Ann Arbor, MI 48104
/33
$1,850 - $2,300

Total Monthly Price
- Studio - 1 Bed
- 1 Bath
- 400 Sq Ft
- Condo for Rent
555 E William St, Ann Arbor, MI 48104

One of a kind condo building. This is a quiet mixed community that is an oasis from the chaos of typical University area housing. Great location just one block from UM Campus in the quiet State Street neighborhood. If you're looking for a place near UM, but without the noise and hassle this is the place for you!

555 E William St, Ann Arbor, MI 48104
/7
$1,200 Per Month
- Studio
- 1 Bath
- Condo for Rent
407 N Ashley St Unit 4, Ann Arbor, MI 48103

This is a great location walk distance to downtown Ann Arbor. This is a Efficiency unit on the 2nd floor. We pay heat and water and tenant pay electricity to DTE. Lease term is August 7, 2026 - July 24, 2027. Please email at for more information

407 N Ashley St Unit 4, Ann Arbor, MI 48103
/11
$1,700 Per Month
- Studio
- 1 Bath
- 392 Sq Ft
- Condo for Rent
555 E William St Unit 20E, Ann Arbor, MI 48104

*SUMMER SPECIAL - NO APPLICATION FEE*Perched high on the 20th floor of one of Downtown Ann Arbor's most iconic buildings, Tower Plaza, and providing a view as gorgeous as you are likely to encounter in SE Michigan, this cozy, quiet and newly renovated E line studio is ready for occupancy just in time for the school year. Experience the excitement of Downtown Ann Arbor from your quiet,

555 E William St Unit 20E, Ann Arbor, MI 48104

Michigan Washtenaw County

Frequently Asked Questions

How much does it cost to rent a condo in Ann Arbor, MI?

The median rent for a condo in Ann Arbor, MI is $2,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Ann Arbor, MI?

To comfortably afford the median rent in Ann Arbor, MI, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Ann Arbor, MI, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Ann Arbor, MI?

In Ann Arbor, MI, the price-to-rent ratio is 18.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Ann Arbor, MI

There are currently 8 condos available for rent in Ann Arbor, MI. The median rent is $2,300 per month, with 1-bedroom condos renting at $1,600, 2-bedroom condos at $2,273 and 3-bedroom condos at $3,324.

Rental Home Trends

Number of Condos for Rent 8	Median Condo Rent $2,300
Median 1 Bedroom Condo Rent $1,600	Median 2 Bedroom Condo Rent $2,273
Median 3 Bedroom Condo Rent $3,324

How to Rent a Home

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