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Varsity Management has received an impressive overall rating of 8.9 from Zumper, reflecting its strong price, amenities, and location ratings, each at 9 out of 10. This property features desirable amenities like a fitness center, private balconies, and in-unit laundry, while its location offers close proximity to numerous dining and entertainment options. Additionally, it ranks in the 75th percentile for value per square foot, ensuring competitive pricing for quality living.
Things you’ll love
High school nearbyMore spaceGreat for
Wellness
Social life| 0BR/1.0BA | Studio | 1 bath | 450 sqft | $1,700–$1,750 /mo | 2 units available | This studio is comfortable and functional. Combined living and bedroom area with built in shelving is separated from a functional full kitchen with comfortable breakfast table and rolling island, air conditioning. Large picture windows give plenty of light and the apartment comes fully furnished. A short walk to U of M central campus, Liberty street shopping and restaurants, and Kerrytown market; the location just can't be beat! This unit is available from August 21st, 2026, through May 17th, 2027, at $1,750 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 | $1,850–$2,300 /mo | 15 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 15% more than the average rent price for studios in Downtown Ann Arbor.
1-bedroom apartments here are priced 3% higher than 1-bedrooms in Downtown Ann Arbor.
| Month | Median Rent |
|---|---|
| March 2024 | $1,236 |
| 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 |
| February 2026 | $1,455 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,179 |
| 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 |
| December 2025 | $1,534 |
| January 2026 | $1,410 |
| February 2026 | $1,445 |
Can I afford to live at 418 E Washington St?
Bedrooms
Rent-to-income ratio
30%
$68,000/yr
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