Ann Arbor is a bustling college town with a reputation for its energetic ambiance and excellent quality of life. The city boasts several museums, including the University of Michigan Museum of Art, the Kelsey Museum of Archaeology, and the Ann Arbor Hands-On Museum. In addition, it's the home to the prestigious University of Michigan, one of the top public universities in the country. Ann Arbor's economy is on the rise, with several thriving industries ranging from tech to healthcare playing a crucial role in its success.
Nature enthusiasts can explore Ann Arbor's many parks and preserves, such as the Matthaei Botanical Gardens, Nichols Arboretum, and the Huron River. Ann Arbor is known for its love of sports, particularly football, with the University of Michigan football team drawing huge crowds. Ann Arbor offers many events and festivals, such as Ann Arbor Art Fair, Ann Arbor Folk Festival, the Ann Arbor Film Festival, and the Ann Arbor Summer Festival.
Ann Arbor offers a high quality of life, excellent education opportunities, and a strong and growing economy, making it a wonderful place to live.
As of April 2025, Ann Arbor's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Ann Arbor's average rent is 51.9% ($714) higher than the Michigan average of $1,376 and 16.9% ($302) higher than the U.S. average of $1,788.
Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
---|---|---|---|
1 Bed | $1,769 | 2.3% ($39) | 8.1% ($132) |
2 Beds | $2,432 | 1% ($24) | 13.6% ($291) |
3 Beds | $3,533 | 2.6% ($95) | 6.5% ($217) |
Nearby Cities | Average Rent | Avg. Rent vs. Ann ArborAverage Rent vs. Ann Arbor | Avg. Days on MarketAverage Days on Market |
---|---|---|---|
Ypsilanti | $1,292 | 38.2% ($798) | 31 days |
Whitmore Lake | $1,457 | 30.3% ($633) | 34 days |
Plymouth | $1,465 | 29.9% ($625) | 40 days |
Canton | $1,576 | 24.6% ($514) | 35 days |
Northville | $1,813 | 13.3% ($277) | 39 days |
Explore rental prices, market trends, and availability in Ann Arbor, MI.