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Varsity Management achieves an impressive Zumper Expert Rating of 8.9 out of 10, reflecting its excellent balance of price and value along with high marks for amenities, location, and overall quality. With standout features like a fitness center, in-unit laundry, and private balconies, it supports an active lifestyle while being close to restaurants, parks, and entertainment venues. The property also evidences trustworthiness with detailed descriptions, ensuring prospective renters have a clear understanding of the living experience offered.
Things you’ll love
High school nearbyMiddle school nearbyGreat for
Wellness
Social life| 0BR/1.0BA | Studio | 1 bath | 450 sqft | $1,700–$1,800 /mo | 6 units available | Beautifully renovated studio boasting hardwood floors, beautiful kitchen with granite counter top, dishwasher, stainless appliances, in unit washer dryer, built in custom closets, heated bathroom floors, air conditioning and a custom breakfast bar. Fully furnished and ready for you and your grad school studies. Close to campus, med school, dental school, restaurants, shopping, and markets. 418 E. Washington also has a 24-hour fitness room. This unit is available from August 21st, 2026, through May 17th, 2027, at $1,800 per month. Rent is collected in 9 equal installments over a 38 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 | 500 sqft | $1,550–$2,300 /mo | 21 units available | Don't miss this beautiful custom apartment with polished concrete floors, air conditioning, "California" style built in bedroom closets with custom lighting, a brand new gourmet kitchen with dishwasher, custom everything including amazing mood lighting, brick accent wall, built in bar/eating area, hand picked sofa, and a full size bed! The bathroom has a soaking tub with three position spa lighting, and a custom vanity. Close to Main Street for dining and entertainment but even closer to central campus, Dental school, Med school, and Law school. A fitness center in the building with giant universal machine, treadmill, elliptical, and dumbbells make this building perfect for your graduate studies, or early years of your professional career. This unit is available from August 21st, 2026, through May 17th, 2027, at $1,950 per month. Rent is collected in 9 equal installments over a 38 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 | Heating |
| Utilities Included | Water |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 30 |
|---|
This vibrant apartment building offers a mix of one-bedroom and studio apartments in a variety of sizes, designs, and layouts—giving you every option for your next home. From modest, affordable units to newly updated, high-end apartments, you’ll find the perfect space that fits your lifestyle. Many apartments include in-unit washer/dryer combo, and select units feature private balconies or patios. Residents also enjoy access to a fitness center. Ideally located in downtown Ann Arbor, you’ll be just steps from campus, shopping, and great restaurants!
How Varsity Management compares to other nearby properties.
Positives
Considerations
Studio apartments at Varsity Management cost about 10% more than the average rent price for studios in Downtown Ann Arbor.
1-bedroom apartments here are priced 14% lower than 1-bedrooms in Downtown Ann Arbor.
| Month | Median Rent |
|---|---|
| December 2023 | $1,287 |
| January 2024 | $1,293 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,266 |
| January 2024 | $1,295 |
| February 2024 | $1,269 |
| March 2024 | $1,198 |
| April 2024 | $1,543 |
| May 2024 | $2,072 |
| June 2024 | $1,998 |
| July 2024 | $1,853 |
| August 2024 | $1,650 |
| September 2024 | $1,662 |
| October 2024 | $1,668 |
| November 2024 | $1,305 |
| December 2024 | $1,232 |
| January 2025 | $1,306 |
| February 2025 | $1,369 |
| March 2025 | $1,486 |
| April 2025 | $1,948 |
| May 2025 | $2,066 |
| June 2025 | $2,054 |
| July 2025 | $2,104 |
| August 2025 | $2,064 |
| September 2025 | $1,548 |
| October 2025 | $1,350 |
| November 2025 | $1,395 |
Can I afford to live at 418 East Washington Street?
Bedrooms
Rent-to-income ratio
30%
$68,000/yr
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