Cheap Apartments for Rent in 48103
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SPECIAL OFFERPET FRIENDLY$1,270 - $1,445/mo
Studio-2 Beds
1 BathSurrey Park Apartments | 2501 Keystone Ln #28-1415,
Ann Arbor, MI 48103
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SPECIAL OFFERPET FRIENDLY$1,549 - $1,749/mo1-2 Beds1-2 BathsThe Park at Sagebrush Circle | 2845 Sagebrush Cir #109,
Ann Arbor, MI 48103
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PET FRIENDLY$1,550 - $1,950/mo1-2 Beds1 Bath715-719 W. Madison St. | 715-719 W Madison St #719-5,
Ann Arbor, MI 48103
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Average Rent Trends in 48103
Rent in 48103 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,000 |
| Jul 2025 | $2,160 |
| Aug 2025 | $2,450 |
| Sep 2025 | $2,369 |
| Oct 2025 | $2,250 |
| Nov 2025 | $2,100 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,200 |
| Feb 2026 | $2,250 |
| Mar 2026 | $2,200 |
| Apr 2026 | $2,106 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,599 | $1,950 | $2,795 | $3,200 | $2,000 |
| Townhomes | — | $1,850 | $2,500 | — | $2,000 |
| Apartments and Condos | $1,500 | $1,900 | $2,525 | $1,350 | $1,900 |
| Houses | $2,000 | $2,350 | $3,000 | $3,500 | $3,000 |
Frequently Asked Questions about Rentals in 48103
- What is the average rent of an apartment in 48103?The average rent of an apartment in 48103 is $2,192 per month. This is about 14% higher than the national average.
- What is the average rent of a house in 48103?The average rent of a house in 48103 is $3,000 per month. This is about 55% higher than the national average.
- What is the average rent of a townhome in 48103?The average rent of a townhome in 48103 is $2,000 per month. This is about 4% higher than the national average.
- When is the average rent cheapest in 48103?In the last year, the average rent in 48103 was lowest in Jun 2025 when it was $2,000 per month.
- When is the average rent most expensive in 48103?In the last year, the average rent in 48103 was highest in Aug 2025 when it was $2,450 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48103?The average rent of a 1 bedroom apartment in 48103 is $1,599 per month. That is about $329 more than the cost of a studio apartment.
- How many available rental listings are in 48103?There are 210 available rental listings in 48103.
- What are some cities near 48103?Some nearby cities include: Ann Arbor, Dexter, Saline, Chelsea, Whitmore Lake, Manchester. These cities may have more rental options to explore.