5+ Days Ago
Highlights
- Quiet neighborhood
- All utilities included
- Modern comfort
- On-site laundry facility
Location
120 N Division St, Ann Arbor, MI 48104, USA
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Property Overview
Varsity Management receives a solid overall rating of 8.5 from Zumper, underscoring its strong value and competitive pricing enhanced by modern amenities such as all-inclusive utilities and on-site laundry. The property is situated in a quiet neighborhood with convenient access to numerous recreational options, schools, and dining, making it an attractive choice for those seeking an active social life. With a trustworthiness rating of 7, it demonstrates a commitment to transparent communication about its offerings.
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
High school nearby- Middle school nearby
Great for
Social life
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $1,475 /mo | 2 units available | Rent 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 Heat | Electricity |
| Heating | Utilities 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
| Units | 3 |
|---|
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About 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 GoodWith 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.
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:
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 the same as the average rent price for studio apartments in Ann Arbor.
Median rents as of Mar 14 2026.
Ann Arbor
| Month | Median Rent |
|---|---|
| March 2024 | $1,218 |
| 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 | $1,490 |
| January 2026 | $1,453 |
| February 2026 | $1,446 |
| March 2026 | $1,475 |
Affordability calculator
Can I afford to live at 120 N Division St?
Bedrooms
StudioRent-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
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 Varsity Management
Getting around Ann Arbor near 120 N Division St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
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 N Division St, Ann Arbor
Groceries
9/10
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
8/10
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 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Some bars within walking distance
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