Most Affordable Neighborhoods in Ypsilanti, MI

Some of the cheapest neighborhoods in Ypsilanti are Prospect Park, Nancy Park, and Gault Village. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of March 29, 2025, the average rent in Ypsilanti is $1,097, which is 4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Prospect Park

Average Rent

$950/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

6/100

Units Available

5 Rentals

Prospect Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Prospect Park is $950 while the city average is $1,097. This is a 0.8% difference from last year. Residents enjoy convenient access to Amsterdam St - Northbound, Ypsilanti Plaza, and Parker Mill Park. The neighborhood is considered somewhat walkable with a WalkScore® of 62.

Nancy Park

Average Rent

$976/Month

Year-Over-Year Rent Change

5.5%

TransitScore® Rating

0/100

Units Available

5 Rentals

When you’re looking for a great Ypsilanti neighborhood on a budget, check out Nancy Park. The average rent is $976, compared to the city average of $1,097. Rent prices have increased by 5.5%. Nancy Park is convenient to Michigan, Detroit Metro Wayne County, and Rolling Hills Park. The community is car-dependent with a WalkScore® of 21.

Gault Village

Average Rent

$1,089/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

6/100

Units Available

9 Rentals

Gault Village is an affordable neighborhood in Ypsilanti with an average rent price of $1,089. Compare this to the city average of $1,097. In the past year, rent prices have decreased by 0.3%. Gault Village provides easy access to Detroit Metro Wayne County, Ypsilanti Plaza, and Grand Blvd. It’s a car-dependent neighborhood with a WalkScore® of 37.

Ford Lake

Average Rent

$1,117/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

6/100

Units Available

30 Rentals

If you’re looking for a great, affordable neighborhood in Ypsilanti, Ford Lake might be the perfect place! It has an average rent price of $1,117, while the city’s average stands at $1,097. In the last year, prices have increased by 2.4%. Ford Lake is near Grand Blvd, Amsterdam St - Northbound, and Gault Village.

Downtown Ypsilanti

Average Rent

$1,170/Month

Year-Over-Year Rent Change

4.6%

TransitScore® Rating

49/100

Units Available

39 Rentals

Downtown Ypsilanti is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Ypsilanti is $1,170 while the city average is $1,097. This is a 4.6% difference from last year. Residents enjoy convenient access to Grand Blvd, Eastern Michigan University, and County Farm Park. The neighborhood is considered walkable with a WalkScore® of 81.

College Heights

Average Rent

$1,185/Month

Year-Over-Year Rent Change

27.4%

TransitScore® Rating

39/100

Units Available

1 Rentals

When you’re looking for a great Ypsilanti neighborhood on a budget, check out College Heights. The average rent is $1,185, compared to the city average of $1,097. Rent prices have increased by 27.4%. College Heights is convenient to County Farm Park, Hewitt Road Center, and Eastern Michigan University. The community is walkable with a WalkScore® of 70.

Depot Town

Average Rent

$1,204/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

50/100

Units Available

6 Rentals

Depot Town is an affordable neighborhood in Ypsilanti with an average rent price of $1,204. Compare this to the city average of $1,097. In the past year, rent prices have increased by 2.2%. Depot Town provides easy access to Parker Mill Park, Nichols Arboretum, and Eastern Plaza. It’s a walkable neighborhood with a WalkScore® of 87.

Midtown Ypsilanti

Average Rent

$1,265/Month

Year-Over-Year Rent Change

3.9%

TransitScore® Rating

53/100

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Ypsilanti, Midtown Ypsilanti might be the perfect place! It has an average rent price of $1,265, while the city’s average stands at $1,097. In the last year, prices have increased by 3.9%. Midtown Ypsilanti is near Amsterdam St - Northbound, Eastern Michigan University, and Courtland Square.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.