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Varsity Management receives an expert rating of 8.3 out of 10, indicating it as a great option for renters, with excellent value reflected in its price rating of 9. Notable features include air conditioning, spacious bedrooms, and on-site laundry facilities, contributing to an exceptional living standard. Additionally, its location rating of 9 offers unparalleled convenience, while the property’s transparency is highlighted by a trustworthiness rating of 8, ensuring prospective renters have a clear understanding of what to expect.
Things you’ll love
Elementary school nearbyMore spaceImages Available| 0BR/1.0BA | Studio | 1 bath | 535 sqft | $1,625 /mo | 1 unit available | Exceptionally large studio apartment with new flooring, plenty of closet space, air conditioning, a large eat-in kitchen with dishwasher, and spacious living and bedroom areas. Electricity is included for a fee. This apartment comes furnished and includes a parking spot. On-site laundry. 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. | |
| 1BR/1.0BA | 1 bed | 1 bath | 682 sqft | $1,850 /mo | 2 units available | Huge one bedroom apartment close to the CC Little bus stop, with easy access to North Campus. The apartment has a new kitchen with dishwasher, air conditioning, plenty of closet space, intercom entry, and onsite laundry. It comes fully furnished and includes one parking spot. 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/2.0BA | 2 bed | 2 bath | 914+ sqft | $2,880–$3,340 /mo | 6 units available | Two bedroom, two bathroom bi-level apartment with rooftop patio; perfect for four people! Very close to the CC Little & CCRB! Large living room with open concept to dining area and kitchen with dishwasher. Spacious bedrooms make this apartment feel like a home! The apartment is fully furnished, air conditioned and includes one parking space. New wood floors on the first floor, new living room furniture, and a rooftop patio on the second floor! https www youtube com watch?v=Xm-X_9RON24&list=PLRj1zzvl6wleTwNnJT4zPSuiCUmMI5w0G 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. |
Let's explore this property.
Apartment Amenities
| Central Heat | Electricity |
| Heating | Utilities Included |
| Water |
One-time.
One-time. Refundable.
| Units | 12 |
|---|
Spacious Apartments Near CC Little and Central Campus This large, conveniently located building offers a variety of floor plans ranging from cozy studios to expansive two-bedroom, two-bath apartments. Each unit provides ample living space, with select apartments featuring upgraded kitchens, new flooring, and living rooms accented by beautifully designed windows. Perfect for individuals or groups, these apartments offer easy access to bus routes for both classes and work. Additional amenities include on-site laundry facilities and plenty of parking for residents.
How Varsity Management compares to other nearby properties.
Positives
Considerations
Studio apartments at Varsity Management cost about 12% more than the average rent price for studios in Ann Arbor.
1-bedroom apartments here are priced 17% higher than 1-bedrooms in Ann Arbor.
If you decide to upgrade your space, you can expect 2-bedrooms at Varsity Management to be 37% more than the average for similarly sized apartments in 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 | $1,453 |
Can I afford to live at 515 Walnut St?
Bedrooms
Rent-to-income ratio
30%
$65,000/yr
1608 s university ave
ann arbor, MI, 48104
920 miller ave
ann arbor, MI, 48103
4685 Hunt Club Dr
1–2 Beds
$1,332–$2,392
2500 Lakeshore Boulevard
2–3 Beds
$1,220–$1,865
4907 Cloverlane St
1–2 Beds
$1,089–$1,810
4685 Hunt Club Dr
1–2 Beds
$1,332–$2,392
2500 Lakeshore Boulevard
2–3 Beds
$1,220–$1,865
4907 Cloverlane St
1–2 Beds
$1,089–$1,810
