5+ Days Ago
Highlights
- Hardwood floors
- Prime location
- On-site laundry
- Wood floors
Location
311 1/2 S 5th Ave, Ann Arbor, MI 48104, USA|Downtown Ann Arbor
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Property Overview
Varsity Management receives a strong overall rating of 9.2 from Zumper, reflecting its outstanding amenities, competitive pricing, and prime location, which are rated at 10, 9, and 9 respectively. With an emphasis on social life, it offers an impressive array of nearby restaurants, theaters, and mixed-use spaces, catering to an active lifestyle. Trustworthiness is rated at 8, assuring potential renters of transparency and reliability in management, enhancing the appeal of this exceptional property.
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.
Things you’ll love
Middle school nearby- High school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,800 /mo | 2 units available | Enjoy city living just steps from downtown in this charming one-bedroom apartment. Features include hardwood floors, fully furnished, and on-site laundry for your convenience. 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 | 2 |
|---|
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About Varsity Management
Charming One-Bedroom Apartments in a Prime Location! Enjoy city living just steps from downtown in this inviting home divided into two one-bedroom apartments. Each unit features wood floors, fully furnished, and on-site laundry for your convenience. With an unbeatable location close to shops, restaurants, and entertainment, these apartments offer the perfect blend of comfort and convenience in a sought-after neighborhood.
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.
9.2
/10
ExcellentVarsity Management is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
Varsity Management 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·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 central heat. 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·9A 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.
Varsity Management has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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:
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
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 0.3 mile away
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 Downtown Ann Arbor
1-bedroom apartments at Varsity Management cost about the same as the average rent price for 1-bedroom apartments in Downtown Ann Arbor.
Median rents as of Oct 25 2025.
Downtown Ann Arbor
Ann Arbor
| Month | Median Rent |
|---|---|
| November 2023 | $1,302 |
| December 2023 | $1,280 |
| January 2024 | $1,293 |
| February 2024 | $1,275 |
| March 2024 | $1,245 |
| April 2024 | $1,305 |
| May 2024 | $1,634 |
| June 2024 | $1,726 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,247 |
| December 2023 | $1,252 |
| January 2024 | $1,295 |
| February 2024 | $1,269 |
| March 2024 | $1,198 |
| April 2024 | $1,543 |
| May 2024 | $2,072 |
| June 2024 | $1,998 |
| July 2024 | $1,853 |
| August 2024 | $1,650 |
| September 2024 | $1,662 |
| October 2024 | $1,668 |
| November 2024 | $1,305 |
| December 2024 | $1,232 |
| January 2025 | $1,306 |
| February 2025 | $1,369 |
| March 2025 | $1,486 |
| April 2025 | $1,948 |
| May 2025 | $2,066 |
| June 2025 | $2,054 |
| July 2025 | $2,104 |
| August 2025 | $2,064 |
| September 2025 | $1,548 |
| October 2025 | $1,350 |
Affordability calculator
Can I afford to live at 311 1/2 S 5th Ave?
Bedrooms
1 bedroomRent-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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 1-bedroom monthly rent price of $1,800.
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
Getting around Ann Arbor near 311 1/2 S 5th Ave
Walking
10/10
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
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 311 1/2 S 5th Ave, Ann Arbor
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
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