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Varsity Management is a highly rated community (8.9/10 overall) with excellent value, amenities, location, quality, and transparency, making it a strong option for many renters. Residents can enjoy features like a gourmet kitchen, dishwasher, air conditioning, fitness center, onsite laundry, and private balconies or patios, along with convenient access to top-rated schools. The surrounding area supports an active social and wellness-focused lifestyle, with abundant restaurants, parks, mixed-use spaces, entertainment venues, sports facilities, gyms, and nearby farmers markets or health food stores.
Things you’ll love
High school nearbyMore spaceMiddle school nearbyGreat for
Wellness
Social life| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,750–$2,400 /mo | 3 units available | Spacious modern newly renovated apartment just minutes from campus. Located at Washington and State close to restaurants, shops, & Kerrytown, this building is perfect for dental or medical school students or young professionals who want to be in the middle of it all! Beautiful gourmet kitchen with stainless steel appliances, dishwasher, induction oven, breakfast bar, new cabinets, and more. Polished concrete floors, air conditioning, plenty of closet space, and updated bathroom make this apartment beautiful. A walk out bricked patio through double French doors completes the digs. This 418 E. Washington apartment comes furnished and has onsite laundry and a fitness room! This unit is available from August 21st, 2026, through May 17th, 2027, at $2,400 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
1-bedroom apartments at Varsity Management cost about 9% less than the average rent price for 1-bedroom apartments in Downtown Ann Arbor.
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $1,446 |
| March 2026 | $1,435 |
| April 2026 | $1,361 |
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,534 |
| January 2026 | $1,410 |
| February 2026 | $1,464 |
| March 2026 | $1,497 |
| April 2026 | $1,432 |
Can I afford to live at 418 E Washington St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$70,000/yr
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