Average Rent in Ann Arbor, MI (2026)

Typical asking rent in Ann Arbor is $2,164. Across the 4 ZIP codes with data it runs from $1,887 to $2,266, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$2,164
Average rent
$2,120
Lowest ZIP
$1,887
Highest ZIP
$2,266

Rent by ZIP code in Ann Arbor

ZIP codeCountyTypical rentvs city median
48104Washtenaw County$2,266+5%
48105Washtenaw County$2,240+4%
48103Washtenaw County$2,087-4%
48108Washtenaw County$1,887-13%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Ann Arbor sits in the Ann Arbor, MI metro area.

Other Michigan cities

Would a rental in Ann Arbor cash flow?

Start the analyzer with the Ann Arbor median rent of $2,164 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.