18 Hours Ago
Highlights
- Dishwasher
- Hardwood floors
- Air conditioning
- On-site laundry
- Private entrance
- Covered porch
Location
331 Packard St, Ann Arbor, MI 48104, USA
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Property Overview
Varsity Management receives a strong overall rating of 8.6 from Zumper, reflecting its competitive pricing and excellent amenities, including a dishwasher, hardwood floors, air conditioning, and on-site laundry. The property is strategically located, with high-quality schools and a vibrant social scene nearby, featuring numerous restaurants and cultural venues. With a trustworthiness rating of 8 out of 10, it assures potential renters of transparency and comprehensive property information.
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
Less expensive- More space
- Middle school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 889 sqft | $1,850 /mo | 1 unit available | Spacious one bedroom apartment with a private entrance and covered porch located in a converted home near South Quad. The apartment has a large eat-in kitchen with dishwasher, air conditioning, hardwood floors, new paint, new kitchen, and new bathroom. The apartment is fully furnished and includes a parking space. https www youtube com watch?v=NKnQbAMwbYc&list=PLRj1zzvl6wlftLNpzJLJWo8LbCXts-XvU 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 | 6 |
|---|
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About Varsity Management
Charming Victorian Apartments Near Downtown Ann Arbor. This gorgeous Victorian home has been thoughtfully converted into unique apartments, each with its own character and modern updates. Perfectly located within walking distance to campus and downtown Ann Arbor, residents enjoy both convenience and charm. Floor plans range from private bedrooms to spacious three-bedroom apartments, all featuring updated flooring and comfortable layouts. The building offers on-site laundry, and parking is available with select units. An ideal choice for students or professionals seeking a beautiful, affordable home close to everything Ann Arbor has to offer.
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.
8.6
/10
Very GoodWith a solid 8.6 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·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.
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
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 328 sqft larger than other listings nearby
- More space
- Studio is 443 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- 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
1-bedroom apartments at Varsity Management cost about 16% more than the average rent price for 1-bedroom 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 331 Packard St?
Bedrooms
1 bedroomRent-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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 1-bedroom monthly rent price of $1,850.
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 331 Packard St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 331 Packard St, Ann Arbor
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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Thompson / E.Jefferson
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Packard
Madison / Rail Road Tracks
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