5+ Days Ago
Highlights
- Dishwasher
- Air conditioning
- On-site laundry
- Onsite laundry
- Large bedrooms
- Intercom systems
Location
521 Walnut St, Ann Arbor, MI 48104, USA
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Property Overview
Varsity Management offers a strong overall experience for renters, highlighted by an impressive Zumper expert rating of 8.3, competitive pricing, and excellent amenities and location ratings of 9 each. Notable features include large bedrooms, air conditioning, and on-site laundry, which enhance the living experience. Additionally, its proximity to top-rated schools and a high value per square foot further contribute to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Images Available
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 469 sqft | $1,820 /mo | 3 units available | This apartment is close to the CC Little bus stop and perfect for students who commute to North Campus! The apartment has air conditioning, dishwasher, intercom entry, onsite laundry, and comes fully furnished. Includes parking! 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. | |
| 2BR/1.0BA | 2 bed | 1 bath | 638+ sqft | $2,295–$2,760 /mo | 4 units available | Perfect 2-4 person apartment with an updated kitchen. The apartment is fully furnished, dishwasher, air conditioning and includes one parking spot! Intercom entrance, on-site laundry, and just a few minutes from the CC Little and CCRB. 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 12 |
|---|
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About Varsity Management
Large building close to CC Little and central campus! The apartments are giant, with large bedrooms and plenty of space in shared areas. Options for upgraded units with new flooring and kitchens are available! Features include intercom systems and plenty of parking. These apartments are great for sharing, and perfect for groups who need easy access to bussing for classes or work!
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 GoodWith 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.
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 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·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.
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
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 1-bedroom is 236 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- 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
1-bedroom apartments here are priced 15% higher than 1-bedrooms in Ann Arbor.
If you decide to upgrade your space, you can expect 2-bedrooms at Varsity Management to be 9% more than the average for similarly sized apartments in Ann Arbor.
Median rents as of Jan 24 2026.
Ann Arbor
| Month | Median Rent |
|---|---|
| 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 | $1,490 |
| January 2026 | $1,455 |
Affordability calculator
Can I afford to live at 521 Walnut St?
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
$72,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,800 annually to afford this 1-bedroom monthly rent price of $1,820.
For more information on rent affordability, visit our rent calculator.
Schools near Varsity Management
Angell School
1608 s university ave
ann arbor, MI, 48104
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 521 Walnut St
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.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 521 Walnut St, Ann Arbor
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
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
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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