Updated 4 Days Ago
Highlights
- Dishwasher
- Air conditioning
- Onsite laundry
- Large bedrooms
- Intercom systems
- Wood floors
Location
521 Walnut St, Ann Arbor, MI 48104, USA
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Property Overview
Varsity Management earns strong marks for value, convenience, and amenities, with an overall Zumper Expert Rating of 8 out of 10. It stands out for its 9 out of 10 amenities and location ratings, plus features like a dishwasher, air conditioning, onsite laundry, large bedrooms, intercom systems, and wood floors.
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- Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 638 sqft | $960 /mo | 1 unit available | Two bedroom apartment with wood floors, dishwasher, air conditioning, and updated lighting. This apartment comes fully furnished. The building has onsite laundry. Add parking for a 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 per bedroom. Utilities (Heat and Water)are included. A one-time administrative fee may apply for each tenant. Call for details. **Images have been staged using Ai |
Let's explore this property.
Amenities for Varsity Management
Apartment Amenities
| Central Heat | Heating |
| 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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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.
8.0
/10
Very GoodWith a solid 8 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 Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, Varsity Management is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- 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
2-bedroom apartments at Varsity Management cost about 49% less than the average rent price for 2-bedroom apartments in Ann Arbor.
Median rents as of Sep 19 2026.
Ann Arbor
| Month | Median Rent |
|---|---|
| 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 | $1,435 |
| April 2026 | $1,358 |
| May 2026 | $1,350 |
| June 2026 | $1,350 |
| July 2026 | $1,350 |
| August 2026 | $1,335 |
| September 2026 | $1,304 |
Affordability calculator
Can I afford to live at 521 Walnut St?
Bedrooms
2 bedroomsRent-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
$38,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,400 annually to afford this 2-bedrooms monthly rent price of $960.
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
Progress Park
3890 research park dr
ann arbor, MI, 48108
K-12Public
High Point School
1735 s wagner rd
ann arbor, MI, 48103
PK, K-12Public
Local-Based Speced Programs
1735 s wagner rd
ann arbor, MI, 48103
K-12Public
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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 supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 521 Walnut St
The Sunday Artisan Market
317 S Division St
Sergeant Pepper's General Store
1028 E University Ave
Babo Market
403 E Washington St
Main St Clark
601 S Main St
Fustini's Oils & Vinegars
407 N 5th Ave
Idelle Hammond Sass Design
Motivation Boutique LLC
1203 S University Ave
Bivouac
336 S State St
Pitaya
315 S State St
A1 Alterations
14 Nickels Arc
The Common Cup
1511 Washtenaw Ave
Beyond Juicery + Eatery
1300 S University Ave
Starbucks
1214 S University Ave
Misfit Society Coffee Club
615 E University Ave
Starbucks
701 Tappan Ave
Blue Leprechaun
1220 S University Ave
Rick's American Cafe
611 Church St
Good Time Charleys
1140 S University Ave
Pizza House-Ann Arbor
618 Church St
Qdoba Mexican Eats
530 S State St
Einstein Bros Bagels
1500 E Medical Center Dr
Le Bon Macaron
209 S 4th Ave
Avalon Cafe & Kitchen
120 E Liberty St
Bake House 46
116 E Liberty St
Cinnaholic
121 E Liberty St
South University Park
Playground
Playground
George Washington Park
Douglas Park
Maize & Blue Deli
1329 S University Ave
Hillel Caf+
1429 Hill St Michigan Hillel
Kang's Korean Restaurant
1327 S University Ave
Twigs at Oxford
619 Oxford Rd
Noori Chicken Ann Arbor
1317 S University Ave
Angell Elementary School
Diag-to-Diag Express, Northwood Express, Oxford Shuttle
W / Washtenaw South of S U
Washtenaw
Geddes / Walnut
Geddes - E Stadium
Geddes / Linden Street
Geddes - E Stadium
Washtenaw / S University
Washtenaw
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