Ann Arbor, MI Rental Market Trends

Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Ann Arbor, MI

Last updated: February 18, 2026

Ann Arbor, MI rent trends

Rental prices in Ann Arbor, MI have decreased by 2.07% over the past year. The average rent moved from $2,064 to $2,021.

What's the typical rent budget in Ann Arbor, MI?

The largest share of rentals in Ann Arbor, MI (37%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Ann Arbor, MI?

Access comprehensive real estate data and information on Yardi® Matrix

Learn more

Average Rent in Ann Arbor, MI By Neighborhood

/
/

Ann Arbor | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Arbor Hills is 16% lower than in Broadway Area

$2,013

Arbor Hills rent is 1% lower than Ann Arbor average

Average Rent $2,013
$2,392

Broadway Area rent is 18% higher than Ann Arbor average

Average Rent $2,392

How Ann Arbor Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ann Arbor apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.