Nearby rentals
Renter hub
Property management
Powered by Zumper AI
Varsity Management offers strong overall value with an expert rating of 8.3/10, highlighted by excellent 9/10 scores for price, amenities, and location, plus a solid 8/10 trustworthiness score. Spacious apartments with private balconies, air conditioning, fireplaces, and onsite laundry support comfortable living, while multiple internet options, utilities included, quiet surroundings, walkable access to numerous restaurants and cafes, and proximity to a top-rated elementary school make it appealing for both remote work and an active social life.
Things you’ll love
Elementary school nearbyImages AvailableGreat for
Work-from-home
Social life| 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. Furniture may also be provided for an additional monthly fee. Call for details. | ||
| 2BR/1.0BA | 2 bed | 1 bath | $1,925–$1,975 /mo | 8 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. Furniture may also be provided for an additional monthly fee. Call for details. |
Let's explore this property.
Apartment Amenities
| Central Heat | Heating |
| Utilities Included | Water |
One-time.
One-time. Refundable.
| Units | 12 |
|---|
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.
How Varsity Management compares to other nearby properties.
Positives
1-bedroom apartments here are priced 11% 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 1% less than the average for similarly sized apartments in Old West Side.
| Month | Median Rent |
|---|---|
| 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 | $1,520 |
| December 2025 | $1,594 |
| January 2026 | $1,587 |
| February 2026 | $1,593 |
| March 2026 | $1,597 |
| April 2026 | $1,576 |
| Month | Median Rent |
|---|---|
| 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 | $1,480 |
| December 2025 | $1,500 |
| January 2026 | $1,500 |
| February 2026 | $1,500 |
| March 2026 | $1,550 |
| April 2026 | $1,505 |
Can I afford to live at 723 W Madison St?
Bedrooms
Rent-to-income ratio
30%
$66,400/yr
600 w jefferson st
ann arbor, MI, 48103
920 miller ave
ann arbor, MI, 48103
1735 s wagner rd
ann arbor, MI, 48103
1735 s wagner rd
ann arbor, MI, 48103
3890 research park dr
ann arbor, MI, 48108
Old West Side | Ann Arbor, MI
4685 Hunt Club Dr
1–2 Beds
$1,420–$2,456
2500 Lakeshore Boulevard
Studio–3 Beds
$850–$1,865
4907 Cloverlane St
1–2 Beds
$1,088–$1,792
4685 Hunt Club Dr
1–2 Beds
$1,420–$2,456
2500 Lakeshore Boulevard
Studio–3 Beds
$850–$1,865
4907 Cloverlane St
1–2 Beds
$1,088–$1,792
