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modified
Updated 4 Days Ago

Highlights

  • Dishwasher
  • Hardwood floors
  • Onsite laundry
  • Stainless steel appliances
  • New kitchens
  • Breakfast bar

Location

539 Packard St, Ann Arbor, MI 48104, USA
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Contact

Management

Varsity Management, Inc.

Leasing office

(734) 668-1100

Property Overview

Varsity Management earns a strong overall impression with an 8.6 rating, reflecting excellent value, standout amenities, and a convenient location. It offers practical perks like 33 photos, transit access, walkability, and nearby dining and cultural spots, along with desirable features such as a private balcony, dishwasher, central air conditioning, new kitchens, an open floor plan, and a spacious living room.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Varsity Management is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Varsity Management has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Central heat
  • Images Available

Great for

  • Social life

Floor plans

3BR/2.0BA3 bed2 bath1,377 sqft$4,140 /mo1 unit availableAmazing location close to the Law Quad! This spacious three bedroom bi-level apartment has a large eat-in kitchen with stainless steel appliances including dishwasher and a breakfast bar. There are hardwood floors on the main level and carpet upstairs, wall air conditioning, as well as two bathrooms. Includes onsite laundry! Prices are listed for the full apartment, not per bedroom. Heat and water are an additional $65 per bedroom per month. Wi-Fi and electricity are the tenant’s responsibility. Rent is collected in 12 equal installments over a 50-week lease. Call for details. For details on optional tenancy fees, visit varsitymanagement com OTF Exact terms will be clearly outlined in your Lease Addendum. *Images have been staged using Ai
5BR/2.0BA5 bed2 bath1,430 sqft$5,875 /mo1 unit availableVery spacious five bedroom apartment with hardwood floors, wall air conditioning, eat-in kitchen with dishwasher, and two full bathrooms. The bedrooms have plenty of room! Onsite laundry in basement. Prices are listed for the full apartment, not per bedroom. Heat and water are an additional $65 per bedroom per month. Wi-Fi and electricity are the tenant’s responsibility. Rent is collected in 12 equal installments over a 50-week lease. Call for details. For details on optional tenancy fees, visit varsitymanagement com OTF Exact terms will be clearly outlined in your Lease Addendum. *SOME Images have been polished using Ai

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units3

About Varsity Management

HomeApartments in Ann Arbor Varsity Management

This spacious home has been converted into apartments to offer options for space up to five bedrooms! Select apartments have beautiful updates and features including new flooring, new kitchens, and patios or balconies. Located right near Hill Street, these apartments are the perfect walking distance from campus and restaurants downtown. Great for groups of friends who would like to live in a house, but prefer a more affordable option!


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Varsity Management is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Varsity Management has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Varsity Management
Price·9A 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.
Varsity Management stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A 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.
Varsity Management goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Varsity Management receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Varsity Management 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 Varsity Management 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.

Varsity Management is great for:

Social life

  • Areas nearby are accessible by walking
  • 239 restaurants within 1 mile of this property
  • 104 museums, art galleries, or cultural centers within 1 mile
  • The area has transit options

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 Varsity Management compares to other nearby properties.

Positives

More space
The 3-bedroom is 377 sqft larger than other listings nearby
Central heat
Climate controlled environment
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.7 miles away
No laundry facilities available
This property doesn't offer on-site washers and dryers

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Rent trends in Ann Arbor

3-bedroom apartments at Varsity Management cost about 29% more than the average rent price for 3-bedroom apartments in Ann Arbor.

Median rents as of Oct 24 2026.
Ann Arbor
A table of studio rental data trends in Ann Arbor
MonthMedian Rent
November 2024$1,354
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
July 2026$1,350
August 2026$1,335
September 2026$1,312
October 2026$1,333

Affordability calculator

Can I afford to live at 539 Packard St?

Bedrooms

3 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

$165,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $165,600 annually to afford this 3-bedrooms monthly rent price of $4,140.
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

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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Getting around Ann Arbor near 539 Packard St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 539 Packard St, Ann Arbor

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within walking distance

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