Zumper
modified
Updated 5+ Days Ago

Highlights

  • Fitness center
  • Air conditioning
  • Private balconies or patios
  • Beautiful bathroom
  • In-unit washer/dryer combo
  • Polished floors

Location

418 E Washington St, Ann Arbor, MI 48104, USA|Downtown Ann Arbor
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Contact

Management

Varsity Management, Inc.

Leasing office

(734) 668-1100

Property Overview

Varsity Management 418 E. Washington stands out as a highly rated option with strong value, excellent amenities, and a convenient location, earning an 8.9 expert rating overall. It offers fitness center access, air conditioning, private balconies or patios, in-unit washer/dryer combo, polished floors, and well-finished bathrooms, while also sitting near a top-rated high school and middle school. It is especially appealing for social life thanks to a bustling neighborhood with many restaurants, mixed-use spaces, and entertainment venues nearby.

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.

Zumper Expert Rating

8.9
Very Good
With a solid 8.9 out of 10 overall, Varsity Management 418 E. Washington is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Varsity Management 418 E. Washington has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby

Great for

  • Social life

Floor plans

1BR/1.0BA1 bed1 bath500 sqft$1,995 /mo1 unit availableNOT AVAILABLE FOR 2026-2027 Gorgeous and modern one bedroom in a quiet building near central campus. New gourmet kitchen with stainless steel appliances including dishwasher. Updated beautiful bathroom. Polished floors, air conditioning, and a beautiful brick accent wall. This apartment is offered fully furnished and has a 24 hour fitness area located on site! 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. **Images have been staged using Ai Link to Video: https youtu be ItYyNZpdoF8

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Amenities for Varsity Management 418 E. Washington

Apartment Amenities

Central HeatHeating
Utilities IncludedWater
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

Units30
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About Varsity Management 418 E. Washington

HomeApartments in Ann ArborDowntown Ann Arbor Varsity Management 418 E. Washington

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!


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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, Varsity Management 418 E. Washington is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Varsity Management 418 E. Washington has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Varsity Management 418 E. Washington
Price·9A 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 418 E. Washington stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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 418 E. Washington 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 418 E. Washington 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 418 E. Washington 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·9A 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.
Varsity Management 418 E. Washington has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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 418 E. Washington is great for:

Social life

  • 288 restaurants within 1 mile of this property
  • 50 theaters, music venues, or sports arenas nearby
  • 324 mixed-use spaces nearby
  • A bustling neighborhood

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 418 E. Washington compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

Greater distance from grade schools
The nearest elementary 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 Downtown Ann Arbor

1-bedroom apartments at Varsity Management 418 E. Washington cost about 1% more than the average rent price for 1-bedroom apartments in Downtown Ann Arbor.

Median rents as of Jul 25 2026.
Downtown Ann Arbor
Ann Arbor
A table of studio rental data trends in Ann Arbor
MonthMedian Rent
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$1,358
May 2026$1,350
June 2026$1,350
July 2026$1,350
A table of studio rental data trends in Downtown Ann Arbor
MonthMedian Rent
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$1,424
May 2026$1,405
June 2026$1,393
July 2026$1,512

Affordability calculator

Can I afford to live at 418 E Washington St?

Bedrooms

1 bedroom

Rent-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

$79,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 1-bedroom monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.

Schools near Varsity Management 418 E. Washington

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

Local-Based Speced Programs

1735 s wagner rd

ann arbor, MI, 48103

K-12Public

High Point School

1735 s wagner rd

ann arbor, MI, 48103

PK, K-12Public

Progress Park

3890 research park dr

ann arbor, MI, 48108

K-12Public
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Internet available near Varsity Management 418 E. Washington

Getting around Ann Arbor near 418 E Washington St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 418 E Washington St, Ann Arbor

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Variety of bars within walking distance

Explore the area around 418 E Washington St

Babo Market
403 E Washington St
The Sunday Artisan Market
317 S Division St
Fustini's Oils & Vinegars
407 N 5th Ave
Main St Clark
601 S Main St
Knights Market
420 Miller Ave

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