4 Hours Ago
Location
723 W Madison St, Ann Arbor, MI 48103, USA|Old West Side
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,660 /mo | 1 unit available | Discover comfort and convenience in this inviting 1-bedroom apartment, located in Ann Arbor’s historic Old West Side. Perfect for graduate students or professionals, this pet-friendly home features a built-in microwave, air conditioning, and dishwasher for everyday ease. Enjoy onsite laundry, included parking, and an AATA bus stop right outside, providing quick access to downtown Ann Arbor and the University of Michigan. Pet-friendly—bring your dog or cat for a small monthly fee! Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Call for details. | ||
| 2BR/1.0BA | 2 bed | 1 bath | $1,925–$2,050 /mo | 11 units available | Enjoy modern comfort in this spacious 2-bedroom apartment featuring updated finishes, a cozy fireplace, built-in microwave, air conditioning, and a private balcony. Located in Ann Arbor’s charming Old West Side, you’ll have included parking, onsite laundry, and a bus stop right outside. This pet-friendly building welcomes both cats and dogs for a small monthly fee and is just minutes from downtown. Rent is collected in 12 equal installments over a 50 week lease. An increase in occupancy can lead to an increase in rent. Prices are listed for the full apartment, not per bedroom. If any utilities are included, they are included for a fee. A one-time administrative fee shall apply for each tenant. Call for details. |
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Amenities for Varsity Management
Apartment Amenities
| Central Heat | Heating |
| Utilities Included | Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Building details
Property details
| Units | 12 |
|---|
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About Varsity Management
723 W. Madison – Comfort and Convenience in the Heart of Ann Arbor Nestled in the charming Old West Side neighborhood, 723 W. Madison offers the perfect balance of city access and neighborhood tranquility. Ideal for graduate students and working professionals, this pet-friendly building features spacious 1- and 2-bedroom apartments with updated finishes in select units, including fireplaces and double-vanity bathrooms. Enjoy onsite laundry, included parking, and easy commuting with an AATA bus stop right outside your door. With dishwashers in every unit and a welcoming atmosphere for cats and dogs (for a small monthly fee), 723 W. Madison is where comfort meets convenience—just minutes from downtown Ann Arbor.
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Rent trends in Old West Side
1-bedroom apartments here are priced 14% higher than 1-bedrooms in Old West Side.
If you decide to upgrade your space, you can expect 2-bedrooms at Varsity Management to be 10% more than the average for similarly sized apartments in Old West Side.
Median rents as of Nov 1 2025.
Old West Side
Ann Arbor
| Month | Median Rent |
|---|---|
| November 2023 | $1,530 |
| December 2023 | $1,531 |
| January 2024 | $1,500 |
| February 2024 | $1,550 |
| March 2024 | $1,566 |
| April 2024 | $1,586 |
| May 2024 | $1,918 |
| June 2024 | $1,996 |
| July 2024 | $1,995 |
| August 2024 | $1,986 |
| September 2024 | $1,880 |
| October 2024 | $1,635 |
| November 2024 | $1,596 |
| December 2024 | $1,683 |
| January 2025 | $1,696 |
| February 2025 | $1,672 |
| March 2025 | $1,647 |
| April 2025 | $1,687 |
| May 2025 | $1,695 |
| June 2025 | $1,737 |
| July 2025 | $1,677 |
| August 2025 | $1,455 |
| September 2025 | $1,462 |
| October 2025 | $1,437 |
| November 2025 | $1,441 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,545 |
| December 2023 | $1,545 |
| January 2024 | $1,545 |
| February 2024 | $1,600 |
| March 2024 | $1,495 |
| April 2024 | $1,513 |
| May 2024 | $1,620 |
| July 2024 | $1,620 |
| August 2024 | $1,398 |
| September 2024 | $1,507 |
| October 2024 | $1,660 |
| November 2024 | $1,639 |
| December 2024 | $1,614 |
| January 2025 | $1,595 |
| February 2025 | $1,651 |
| March 2025 | $1,429 |
| April 2025 | $1,425 |
| May 2025 | $1,612 |
| June 2025 | $1,745 |
| August 2025 | $1,461 |
| September 2025 | $1,400 |
| November 2025 | $1,450 |
Affordability calculator
Can I afford to live at 723 W Madison St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,400 annually to afford this 1-bedroom monthly rent price of $1,660.
For more information on rent affordability, visit our rent calculator.
Schools near Varsity Management
Bach Elementary School
600 w jefferson st
ann arbor, MI, 48103
K-5Public
A
Ann Arbor Open at Mack School
920 miller ave
ann arbor, MI, 48103
K-8Public
A
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Internet available near Varsity Management
Neighborhood
Old West Side | Ann Arbor, MI
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Ann Arbor near 723 W Madison St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 723 W Madison St, Ann Arbor
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 723 W Madison St
Main St Clark
601 S Main St
Knights Market
420 Miller Ave
Babo Market
403 E Washington St
Sergeant Pepper's General Store
1028 E University Ave
Biercamp
1643 S State St
Ayla & Co
323 S Main St
Renaissance
306 S Main St
The Himalayan Bazaar
218 S Main St
Fleet Feet
123 E Liberty St
Beloved Bridal
122 S Main St
Argus Farm Stop
325 W Liberty St
Starbucks
300 S Main St
Sweetwaters Coffee & Tea
123 W Washington St
Roosroast 2
117 E Liberty St
Drip House Coffee
1336 S Main St
Conor O'Neill's
318 S Main St
Conor O'Neill's Traditional Irish Pub
318 S Main St
The Chop House Ann Arbor
322 S Main St
The Circ Bar
210 S 1st St
Eightball Saloon
208 S 1st St
Mr Cake's Place
1231 Van Dusen Dr
Avalon Cafe & Kitchen
120 E Liberty St
Bake House 46
116 E Liberty St
Cinnaholic
121 E Liberty St
Tasty Bakery
416 W Huron St
Wurster Park
Allmendinger Park
Fritz Park
Eberwhite Woods Park
Pioneer Woods Park
The Jefferson Market
609 W Jefferson St
Argus Farm Stop
325 W Liberty St
Jagged Fork
414 S Main St
Shawarmena
402 S Main St
Blank Slate Creamery
300 W Liberty St
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