Zumper
modified
5+ Days Ago

Highlights

  • Quiet neighborhood
  • All utilities included
  • Modern comfort
  • On-site laundry facility

Location

120 North Division Street, Ann Arbor, Michigan 48104, United States
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Contact

Management

Varsity Management, Inc.

Leasing office

(734) 668-1100

Property Overview

Varsity Management offers an overall excellent experience with a Zumper expert rating of 8.5 out of 10, underscoring its appeal to renters. The property excels in price, amenities, and location, each receiving high ratings of 10, 9, and 9, respectively, ensuring a competitive value with modern comforts. Its quiet neighborhood, all-inclusive utilities, and proximity to numerous recreational options and dining venues enhance the property's attraction as a vibrant living space.

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

8.5
Very Good
With a solid 8.5 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

  • High school nearby
  • Middle school nearby

Great for

  • Social life

Floor plans

0BR/1.0BAStudio1 bath$1,475 /mo1 unit availableRent is collected in 12 equal installments over a 50 week lease. 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 HeatElectricity
HeatingUtilities Included
Water

Tech

WiFi
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units3
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About Varsity Management

HomeApartments in Ann Arbor Varsity Management

Beautiful Mansion with Spacious Co-Living Apartments Near Campus. Experience classic charm and modern comfort in this stunning home, thoughtfully divided into spacious and unique co-living bedroom apartments. Located in a quiet neighborhood just minutes from campus, this property offers the perfect balance of convenience and tranquility—ideal for studying, relaxing, or socializing with housemates. Residents enjoy a huge backyard, parking, and on-site laundry facility. All utilities are included, making this a worry-free and budget-friendly living 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.
8.5
/10
Very Good
With a solid 8.5 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·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·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·7A 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.
Varsity Management provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Varsity Management is great for:

Social life

  • 300 restaurants within 1 mile of this property
  • 314 mixed-use spaces nearby
  • Area has 52 parks and recreation options
  • 43 theaters, music venues, or sports arenas nearby

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

High school nearby
There is a high school 0.1 mile away
Middle school nearby
There is a middle school 1 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 Ann Arbor

studio apartments at Varsity Management cost about 1% less than the average rent price for studio apartments in Ann Arbor.

Median rents as of Dec 13 2025.
Ann Arbor
A table of studio rental data trends in Ann Arbor
MonthMedian Rent
December 2023$1,288
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
November 2025$1,395
December 2025$1,496

Affordability calculator

Can I afford to live at 120 North Division Street?

Bedrooms

Studio

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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this studio monthly rent price of $1,475.
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 120 North Division Street

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.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 120 North Division Street, 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

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

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