2 Days Ago
Location
518 Monroe St, Ann Arbor, MI 48104, USA
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Property Overview
518 Monroe scores highly overall, with standout marks for price, amenities, and location, alongside a strong trustworthiness rating. It is noted for walkable access, nearby transit, abundant dining and event options, and proximity to parks, making it an appealing choice for renters who value convenience and an active neighborhood setting.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Eco living
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Floor plans
| 6BR/2.0BA | 6 bed | 2 bath | $7,200 /mo | 1 unit available | Welcome to your dream home in the heart of Ann Arbor, MI. This spacious residence, Available August 2026, boasts six bedrooms and three bathrooms, offering ample space for comfort and convenience. This home can occupy a maximum of seven people. 518 Monroe is equipped with central AC, ensuring a pleasant atmosphere throughout the year. The property also offers on-site parking, adding an extra layer of convenience to your daily routine. The house comes fully furnished, with a TV provided, allowing you to move in and start enjoying your new home immediately. The two kitchens and two bathrooms have been recently updated, combining modern aesthetics with functionality! This home is a perfect blend of comfort, convenience, and modern living. Don't miss out on this fantastic opportunity! **RENT SPECIALS** ** 2 MONTHS FREE RENT** |
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Building details
Property details
| Units | 2 |
|---|
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About 518 Monroe
Welcome to your dream home in the heart of Ann Arbor, MI. This spacious residence, Available August 2026, boasts six bedrooms and three bathrooms, offering ample space for comfort and convenience. This home can occupy a maximum of seven people. 518 Monroe is equipped with central AC, ensuring a pleasant atmosphere throughout the year. The property also offers on-site parking, adding an extra layer of convenience to your daily routine. The house comes fully furnished, with a TV provided, allowing you to move in and start enjoying your new home immediately. The two kitchens and two bathrooms have been recently updated, combining modern aesthetics with functionality! This home is a perfect blend of comfort, convenience, and modern living. Don't miss out on this fantastic opportunity! **RENT SPECIALS** ** 2 MONTHS FREE RENT**
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 518 Monroe is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 518 Monroe has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
518 Monroe offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 518 Monroe is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
518 Monroe is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 518 Monroe does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
518 Monroe is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 518 Monroe compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Ann Arbor
Median rents as of Jun 20 2026.
Ann Arbor
| Month | Median Rent |
|---|---|
| July 2024 | $1,642 |
| August 2024 | $1,649 |
| September 2024 | $1,539 |
| October 2024 | $1,424 |
| November 2024 | $1,370 |
| December 2024 | $1,387 |
| January 2025 | $1,375 |
| February 2025 | $1,386 |
| March 2025 | $1,423 |
| April 2025 | $1,586 |
| May 2025 | $1,779 |
| June 2025 | $1,681 |
| July 2025 | $1,524 |
| August 2025 | $1,539 |
| September 2025 | $1,434 |
| October 2025 | $1,350 |
| November 2025 | $1,395 |
| December 2025 | $1,490 |
| January 2026 | $1,453 |
| February 2026 | $1,446 |
| March 2026 | $1,435 |
| April 2026 | $1,358 |
| May 2026 | $1,350 |
| June 2026 | $1,350 |
Schools near 518 Monroe
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
Local-Based Speced Programs
1735 s wagner rd
ann arbor, MI, 48103
K-12Public
High Point School
1735 s wagner rd
ann arbor, MI, 48103
PK, K-12Public
Progress Park
3890 research park dr
ann arbor, MI, 48108
K-12Public
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Internet available near 518 Monroe
Getting around Ann Arbor near 518 Monroe St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 518 Monroe St, Ann Arbor
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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