Most Affordable Neighborhoods in Ypsilanti, MI

Some of the cheapest neighborhoods in Ypsilanti are Prospect Park, College Heights, and Nancy Park. These neighborhoods offer some of the lowest rent prices in Ypsilanti, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Ypsilanti is $1,072, which is 3.6% 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

$949/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

6/100

Units Available

1 Rentals

Prospect Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Prospect Park is $949 while the city average is $1,072. This is a 1.4% difference from last year. Residents enjoy convenient access to Parker Mill Park, Sunshine Shopping Center, and Baltimore St - Southbound. The neighborhood is considered somewhat walkable with a WalkScore® of 62.

College Heights

Average Rent

$950/Month

Year-Over-Year Rent Change

4.4%

TransitScore® Rating

39/100

Units Available

2 Rentals

When you’re looking for a great Ypsilanti neighborhood on a budget, check out College Heights. The average rent is $950, compared to the city average of $1,072. Rent prices have increased by 4.4%. College Heights is convenient to Michigan, Parker Mill Park, and Baltimore St - Southbound. The community is walkable with a WalkScore® of 70.

Nancy Park

Average Rent

$976/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

0/100

Units Available

5 Rentals

Nancy Park is an affordable neighborhood in Ypsilanti with an average rent price of $976. Compare this to the city average of $1,072. In the past year, rent prices have increased by 4.1%. Nancy Park provides easy access to Matthaei Botanical Gardens, Gault Village, and Michigan. It’s a car-dependent neighborhood with a WalkScore® of 21.

Midtown Ypsilanti

Average Rent

$978/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

53/100

Units Available

6 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 $978, while the city’s average stands at $1,072. In the last year, prices have increased by 2%. Midtown Ypsilanti is near Baltimore St - Northbound, Grand Blvd, and Nichols Arboretum.

Gault Village

Average Rent

$1,028/Month

Year-Over-Year Rent Change

5.6%

TransitScore® Rating

6/100

Units Available

6 Rentals

Gault Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gault Village is $1,028 while the city average is $1,072. This is a 5.6% difference from last year. Residents enjoy convenient access to Parker Mill Park, Michigan, and Rolling Hills Park. The neighborhood is considered car-dependent with a WalkScore® of 37.

Ford Lake

Average Rent

$1,071/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

6/100

Units Available

18 Rentals

When you’re looking for a great Ypsilanti neighborhood on a budget, check out Ford Lake. The average rent is $1,071, compared to the city average of $1,072. Rent prices have increased by 2.3%. Ford Lake is convenient to Nichols Arboretum, Gault Village, and Township Plaza. The community is car-dependent with a WalkScore® of 30.

Downtown Ypsilanti

Average Rent

$1,098/Month

Year-Over-Year Rent Change

6.6%

TransitScore® Rating

49/100

Units Available

16 Rentals

Downtown Ypsilanti is an affordable neighborhood in Ypsilanti with an average rent price of $1,098. Compare this to the city average of $1,072. In the past year, rent prices have increased by 6.6%. Downtown Ypsilanti provides easy access to Washtenaw Community College, Ferry St - Southbound, and Eastern Michigan University. It’s a walkable neighborhood with a WalkScore® of 81.

Depot Town

Average Rent

$1,219/Month

Year-Over-Year Rent Change

2.6%

TransitScore® Rating

50/100

Units Available

4 Rentals

If you’re looking for a great, affordable neighborhood in Ypsilanti, Depot Town might be the perfect place! It has an average rent price of $1,219, while the city’s average stands at $1,072. In the last year, prices have increased by 2.6%. Depot Town is near Rolling Hills Park, Michigan, and Eastern Plaza.

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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.