126 Luxury Apartments for rent in Ann Arbor, MI

Last updated May 27 at 5:51pm UTC
450 West Stadium
Ann Arbor
Ann Arbor, MI
Updated May 27 at 5:48pm UTC
4 Bedrooms
$5,000
1400 Morton Avenue
Ann Arbor
Ann Arbor, MI
Updated May 27 at 5:47pm UTC
2 Bedrooms
$1,700
410 North First Street
Downtown Ann Arbor
Ann Arbor, MI
Updated May 27 at 5:47pm UTC
2 Bedrooms
$3,500
3007 Barclay Way
Ann Arbor
Ann Arbor, MI
Updated May 27 at 10:24am UTC
2 Bedrooms
$1,750
506 W Washington St
West Park
Ann Arbor, MI
Updated May 27 at 10:21am UTC
4 Bedrooms
$2,995
315 E Liberty St
Old Fourth Ward
Ann Arbor, MI
Updated May 27 at 10:21am UTC
5 Bedrooms
$3,995
2741 Barclay Way
Ann Arbor
Ann Arbor, MI
Updated May 27 at 10:21am UTC
2 Bedrooms
$1,800
2838 Barclay Way
Ann Arbor
Ann Arbor, MI
Updated May 27 at 9:16am UTC
2 Bedrooms
$1,650
1462 Bemidji Drive
Virginia Park
Ann Arbor, MI
Updated May 26 at 11:08am UTC
3 Bedrooms
$1,695
1404 E. Park Place
Lower Burns Park
Ann Arbor, MI
Updated May 26 at 9:54am UTC
3 Bedrooms
$2,500
800 S Main St
Elbel
Ann Arbor, MI
Updated May 26 at 9:53am UTC
5 Bedrooms
$4,750
332 Sedgewood Lane
Ann Arbor
Ann Arbor, MI
Updated May 26 at 3:39am UTC
4 Bedrooms
$2,700
1209 Addington Lane
Ann Arbor
Ann Arbor, MI
Updated May 26 at 3:39am UTC
2 Bedrooms
$1,600
402 Koch Ave
Old West Side Historic District
Ann Arbor, MI
Updated May 25 at 5:55pm UTC
3 Bedrooms
$2,450
1200 Snyder Ave
Ann Arbor
Ann Arbor, MI
Updated May 25 at 5:55pm UTC
3 Bedrooms
$2,950
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May 2018 Ann Arbor Rent Report

Welcome to the May 2018 Ann Arbor Rent Report. Ann Arbor rents remained steady over the past month. In this report, we'll evaluate trends in the Ann Arbor rental market, including comparisons to cities throughout the state and nation.

View full Ann Arbor Rent Report
Rent Report
Ann Arbor

May 2018 Ann Arbor Rent Report

Welcome to the May 2018 Ann Arbor Rent Report. Ann Arbor rents remained steady over the past month. In this report, we'll evaluate trends in the Ann Arbor rental market, including comparisons to cities throughout the state and nation.

Ann Arbor rent trends were flat over the past month

Ann Arbor rents have remained flat over the past month, however, they have increased moderately by 3.1% year-over-year. Currently, median rents in Ann Arbor stand at $1,070 for a one-bedroom apartment and $1,290 for a two-bedroom. Ann Arbor's year-over-year rent growth leads the state and national averages, which both stand at 1.5%.

Rents rising across cities in Michigan

Throughout the past year, rent increases have been occurring not just in the city of Ann Arbor, but across the entire state. Of the largest 10 cities that we have data for in Michigan, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Ann Arbor is the most expensive of all Michigan's major cities, with a median two-bedroom rent of $1,290; of the 10 largest cities in the state that we have data for, Flint, where a two-bedroom goes for $720, is the only major city to see rents fall year-over-year (-0.9%).
  • Warren, Ann Arbor, and Grand Rapids have all experienced year-over-year growth above the state average (7.8%, 3.1%, and 2.8%, respectively).

Ann Arbor rents more affordable than many large cities nationwide

As rents have increased moderately in Ann Arbor, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Ann Arbor is still more affordable than most large cities across the country.

  • Ann Arbor's median two-bedroom rent of $1,290 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 3.1% increase in Ann Arbor.
  • While Ann Arbor's rents rose moderately over the past year, the city of DC saw a decrease of 0.2%.
  • Renters will find more reasonable prices in Ann Arbor than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than twice the price in Ann Arbor.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.