$682,811Average Value$524Average Price per Sq Ft14Homes For Sale
College-town charm, big-city activity
In 2024, U.S. News and World Report ranked Ann Arbor as the city with the best quality of life in the United States. One of its biggest appeals is a unique blend of college-town charm and big-city activity, which is most apparent in the vibrant downtown district. "I mean, where to start—the nightlife, the restaurants, the walkability to the University of Michigan are all draws," says Dawn Whitford, a Coldwell Banker Realty agent specializing in Ann Arbor. "People who live downtown thrive on the energy there." Demand for housing is so high that homeowners across the city can generally measure their property's worth by its proximity to downtown. For those who do manage to snag a centrally located condo, prices are higher per square foot than anywhere else in Ann Arbor. But nowhere else has such unlimited access to the heartbeat of one of the most desirable communities in the country.
Argus Farm Stop offers local produce a short walk from Downtown Ann Arbor.
Families don costumes for Downtown Ann Arbor’s annual Trick-or-Treat Parade.
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Upscale restaurants, late-night clubs and locally sourced groceries
Downtown Ann Arbor must cater to a large crowd — from sophisticated retirees to thrill-seeking college kids. So, an upscale place like Spencer, which serves a pre-set menu based on seasonal ingredients, sits right down the street from a high-energy dance club like Necto. Some of the best-known attractions along this buzzy commercial corridor include the homemade ice cream at Blank Slate Creamery, the beer selection at HopCat and the Cuban cuisine at Frita Batidos. Sava's locally sourced food is a popular choice before catching a movie at the Michigan Theater right next door. And Fleetwood's Diner is open 24-7, making it a popular destination for college kids craving for their iconic Hippie Hash. There are artisan shops, little gift stores, and the beloved Literati Bookstore. There are also more practical amenities, like a post office, a public library, and a YMCA. And between the People's Food Co-op, Argus Farm Stop, and the weekly Ann Arbor Farmers Market, locally-grown groceries are just a walk away.
The Last Word serves handcrafted cocktails during Ann Arbor Restaurant Week.
Pacific Rim serves refined pan-Asian dishes in Downtown Ann Arbor.
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An epicenter for creative city events
Main Street is often closed to traffic in the summer to create a pedestrian-only mall for events. Nearly half a million visitors flood into town for the Ann Arbor Art Fair, a three-day extravaganza in July that includes a race, a block party and plenty of artisan booths. A2SF is a summer festival of outdoor music and movies, and on Thursdays, there's a live music lunch series at Liberty Plaza. There is always something going on, from film festivals to restaurant weeks to pride parades. And, of course, the city gets decked out in maize and blue in the fall to celebrate the University of Michigan's football team. The Big House stadium — the largest arena in the country — is just over a mile away from downtown. On big event days, locals know not to try to drive anywhere, as the city center will be packed with visitors.
A2ZERO Green Fair brings sustainability activities to Downtown Ann Arbor.
Ann Arbor Film Festival screens 180+ independent films over six days downtown.
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Community of all ages around the University of Michigan
The University of Michigan has over 50,000 students, bringing a youthful and transient population that frequents college-focused bars and throws the occasional rowdy party. But non-students who choose to live here often embrace that college-town lifestyle. "I go to University programs, museums and lectures, all for free," says Ann Arbor local Chris Crocket, who has lived about a 10-minute walk from the University for over 40 years. She says that proximity to the college is one of her favorite aspects of living in the heart of the city. "It draws in world-famous orchestras, all sorts of performers and political figures, too — so it's not uncommon to run into famous people." Whitford agrees that downtown isn't solely for students: "I recently closed on a condo there for a couple that was moving from San Antonio to be closer to their kids and grandkids. I think it's an area that is appealing to all ages."
Michigan Stadium, "The Big House," is near Downtown Ann Arbor and the University of Michigan.
Downtown Ann Arbor condo prices vary from compact studios to luxury penthouses.
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No cars are needed to get around the city and beyond
More than anywhere else in the city, living without a car is very doable in downtown Ann Arbor. Almost all of the city's main attractions are within walking distance — including the University and the University Hospital, which are significant employers. Downtown is also a major hub for bus lines that connect to shopping malls and nearby cities. A high-speed commuter bus going out to Ypsilanti was added in 2024, and the Michigan Flyer departs from downtown multiple times a day, going north to East Lansing or east to Detroit Metro Airport. There's an Amtrak train station, and the D2A2 bus offers one-hour trips to Detroit for only a few dollars. As part of an ongoing project, many of downtown's streets now include bike lanes protected from the main road by a median. So, by foot, bus or bike, downtown residents can get around without a car. And it's a good thing, too — because the parking downtown is quite limited.
Sonic Lunch packs Downtown Ann Arbor’s Liberty Plaza with colorful concertgoers.
Downtown Ann Arbor residents visit the YMCA for workouts and wellness.
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Condo living in an incredibly competitive market
It's mostly condo living in downtown Ann Arbor, and there's a massive demand for housing. Historic buildings feature wrought iron balconies, and modern glass towers get so tall that the Big House scoreboard is visible from the living room. It's rare to see a condo in the city's heart go on the market, and the price per square foot will usually be higher than anywhere else in the greater Ann Arbor area. A condo with 400 square feet can start at around $200,000 and get up to $1 million for 2,000 square feet. Though the initial price could seem like a good deal for such a central location, units come with monthly condo fees that could be anywhere from $300 to over $1,000. Parking varies based on the building, but most offer reserved underground spots. Nearly 90% of the neighborhood rents apartments, and there are plans for new complexes to address the rising demand for housing.
Condos span the Downtown Ann Arbor cityscape.
Walkable Downtown Ann Arbor condos sit steps from the Ann Arbor Art Fair and summer festivals.
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Public school zoning and popular alternative options
The zoning for public schools can vary based on home location, but most kids start at Bach Elementary, which gets an A rating from Niche. The most likely next step is Slauson Middle and then Pioneer High. Both schools get top grades of A-plus. The magnet school Community High is located just north of downtown and has a highly competitive lottery system to get in. The school promotes independent learning with college-like block scheduling and the chance for students to design their own courses. For preschool through kindergarten, the Doughty Montessori school provides a student-led intro to schooling, but it also has a high demand and limited spaces.
Bach Elementary serves many Downtown Ann Arbor families in Old West Side.
Community High School, just north of Downtown Ann Arbor, uses a competitive lottery.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Ann Arbor neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Ann Arbor
US
Homicide
6
4
Sexual Assault
5
4
Assault with Weapon
4
4
Robbery
2
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Downtown Ann Arbor Demographics and Home Trends
On average, homes in Downtown Ann Arbor, Ann Arbor sell after 57 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Ann Arbor, Ann Arbor over the last 12 months is $352,500, up 20% from the median home sale price over the previous 12 months.
Lovely Northeast corner Large One Bedroom unit. Lots of great light in both living room and bedroom with breathtaking views! Real wood floors, granite countertops, stainless appliances. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof wall, on suite laundry, storage, maintenance staff. This
This delightful 2-bd/2.5-bath condo in the historic Armory bldg in Kerrytown offers a perfect blend of city living and modern comfort. Step inside & you're greeted by abundant natural light giving the open floor plan a bright and spacious feel. The beautiful hardwood floors on the main floor and custom built-ins throughout provide a move-in ready space w/ easy upkeep & tons of storage. The
Great South facing Grand Studio unit with light filled panoramic full width windows. Nicely updated with modern white cabinets in kitchen & bath, granite countertops, stainless appliances, standup shower, new tile, custom walk in closet, much more. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security,
North side 6th Floor Studio. Lots of light through huge windows. White cabinets, updated appliances, wood laminate and carpet, nice walk-in closet/dressing area with organizers. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has soundproof walls, lobby security, on site laundry, storage, maintenance staff. This is a perfect
Roomy, light filled renovated South side Grand One Bedroom unit. Nicely updated kitchen & bath with white cabinets & granite countertops. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage, maintenance staff. This is a perfect home for student, downtown based
Beautifully renovated 23rd floor Studio with magnificent view of downtown Ann Arbor. Many updates, including new kitchen & bath cabinets, granite countertops, built in Murphy bed, much more. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage, maintenance staff.
Renovated South side Large Studio floorplan. Well priced lower floor unit with great street view through bright full width panoramic windows. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. This is a perfect home for student, downtown based, professional, senior, investor, weekender, or anyone looking for a reasonably priced downtown
This Downtown Ann Arbor penthouse stands among the finest residences ever offered, commanding breathtaking panoramic views of the southern Ann Arbor skyline and Michigan Stadium. Envisioned by world-renowned designer Robert Denning, the residence is a tribute to historic Parisian living—where timeless architecture is artfully paired with modern luxury. Every detail reflects uncompromising
Highly desirable, south side studio in the heart of it all -- updated, polished, and move-in ready. You'll love the dark wood cabinetry, granite countertops, stainless appliances, and luxury vinyl flooring throughout. Tucked just one block from U of M campus and State Street, this building offers the best of downtown living without the noise. Enjoy 24-hour security, soundproof walls, on-site
Nicely renovated North side Small One Bedroom unit with stunning view of downtown Ann Arbor. Updates include maple finish cabinets, granite countertops, stainless appliances, dark wood laminate flooring. Prime downtown location just one block from UM Cam pus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage,
Welcome to the heart of downtown Ann Arbor at Ground Zero on Main Street, where city living meets modern style and unbeatable convenience. Located at the corner of Liberty and Main, this mixed-use building offers secure entry, street-level retail, and a truly walkable downtown lifestyle with restaurants just across the street. A private elevator brings you to the third floor, where you access
Tucked into Ann Arbor's premier Ashley Mews community, this elegant brick townhome offers the rare combination of refined finishes, generous square footage, and an unbeatable location. Just steps from Michigan Stadium, downtown Ann Arbor, Kerrytown Market & Shops, and the University of Michigan Central and Hospital campuses, you'll enjoy walkability that truly defines urban living. With nearly
The Brady Apartments are a newly renovated luxury community located at 414 S Main Street in the heart of downtown Ann Arbor. Offering studio, one-, and two-bedroom apartment homes, each residence features modern finishes including stainless steel appliances, quartz countertops, in-unit washer and dryer, central air, and large windows with abundant natural light. Residents enjoy
UNIVERSITY TOWERS – NOW LEASING FOR FALL 2026Live Where You Belong – Steps from Campus, Miles from OrdinarySecure Your Spot EarlySign your lease now to reserve your preferred apartment style—no compromises, no hassle.Skip the DormsSay goodbye to cramped, shared spaces. Enjoy the independence and comfort of your own apartment, just minutes from class.Unbeatable
Discover The Yard, your ideal off-campus apartment located minutes from the University of Michigan. Our fully furnished studio, one-, two-, three-, four-, and five-bedroom apartments feature stainless steel appliances, hardwood-style flooring, and impressive views of Michigan Stadium, Elbel Field, and Downtown Ann Arbor. Elevate your college experience with our on-site amenities, including a
Six11 offers fully furnished studio, 4-, 5-, and 6- bedroom apartments with private bedrooms and bathrooms, modern finishes, and a prime location in the heart of Ann Arbor just steps from the University of Michigan.Elevate your U-M experience with on-site amenities including a penthouse lounge with panoramic views, heated rooftop terrace with fire pits and grill stations, 24-hour
Experience the ultimate in student living at 400 Maynard Apartments, where comfort, convenience, and campus life come together in the heart of Ann Arbor. Located just one block from the University of Michigan’s Central Campus, the Diag, and the Michigan Union, our centrally located community places you steps from lectures, libraries, coffee shops, and campus events, making it a top choice for
For the best in Ann Arbor student living, look no further than Landmark. Enjoy the convenience of walking to campus, our first-class amenities, and exciting resident events; all housed in an academic setting. Make the most out of your college experience and live the lifestyle you deserve at Landmark. We offer fully furnished apartments, 24-hour amenities, and on-site management for quick
Welcome to Exhibit A2! A highly anticipated addition to beautiful downtown Ann Arbor, Exhibit A2 offers newly renovated studio, one-, and two-bedroom apartments with boutique charm and unparalleled character. Once Ann Arbor’s famous Montgomery Ward & Co. Department Store, Exhibit A2 is a historic landmark with contemporary flair and ultramodern amenities. The Exhibit A2 community is home to 41
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
SAGA Ann Arbor combines amazing service, affordability, and a boutique living experience all in one. Centrally located within walking distance to Central Campus at the University of Michigan. Resident benefits include complimentary blazing-fast Wi-Fi,24/7 fitness center, 24/7 Starbucks Coffee, your own private bedroom, and a 24-hour computer lab with study spaces to collaborate with friends.
Live life at The Vic! Our prestigious luxury student housing community has everything needed to achieve academic success, physical well-being and the forging of friendships that will last a lifetime. All within your grasp and all in a location you’re sure to love! Packed with the amenities, support, and comfort students need to cruise through college. Live college life with flair in Ann Arbor’s
Varsity Ann Arbor is located just STEPS away from University of Michigan's Central Campus and offers studio, one, two and four bedroom student apartments with FREE WiFi, controlled access, modern furnishings, 55 inch flat screen TV, entertainment center, wood floors, fully equipped kitchens, and washer and dryer. PLUS trash & recycling chutes on every floor, indoor bike storage, a two story 24
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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