5+ Days Ago
Highlights
- Hardwood floors
- Cozy apartment
Location
540 Walnut St #2, Ann Arbor, MI 48104, USA
Tour 540 Walnut St #2
Contact
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Amenities for 540 Walnut St #2
Apartment Amenities
| Carpet | Furnished |
| Hardwood Floor | Living Room |
| No Parking Available | Tenant Pays All Utilities |
Appliances
| In-Unit Laundry | Refrigerator |
| Stove/Oven |
Building
| No Smoking | Onsite Laundry |
| Shared Laundry |
Services
| Lawn Care Included | Trash Removal Included |
Other
| One Year Lease |
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
No pets allowed.
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About 540 Walnut St #2
This one bedroom apartment has interior doors connecting it to #1. It can be rented separately or a group can take both apartments. With a bay window in the living room and hardwood floors, this apartment is cozy and can accommodate up to 2 people if you'd like to share a bedroom. Partially furnished.
Address details
| Zip code | 48104 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Ann Arbor
1-bedroom apartments at 540 Walnut St #2 cost about 28% less than the average rent price for 1-bedroom apartments in Ann Arbor.
Median rents as of Oct 11 2025.
Ann Arbor
| Month | Median Rent |
|---|---|
| October 2023 | $1,550 |
| November 2023 | $1,531 |
| December 2023 | $1,531 |
| January 2024 | $1,500 |
| February 2024 | $1,550 |
| March 2024 | $1,566 |
| April 2024 | $1,586 |
| May 2024 | $1,918 |
| June 2024 | $1,996 |
| July 2024 | $1,995 |
| August 2024 | $1,986 |
| September 2024 | $1,880 |
| October 2024 | $1,635 |
| November 2024 | $1,596 |
| December 2024 | $1,683 |
| January 2025 | $1,696 |
| February 2025 | $1,672 |
| March 2025 | $1,647 |
| April 2025 | $1,687 |
| May 2025 | $1,695 |
| June 2025 | $1,737 |
| July 2025 | $1,677 |
| August 2025 | $1,455 |
| September 2025 | $1,462 |
| October 2025 | $1,433 |
Affordability calculator
Can I afford to live at 540 Walnut St #2?
Bedrooms
1 bedroomRent-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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 540 Walnut St #2
Angell School
1608 s university ave
ann arbor, MI, 48104
K-5Public
A+
Ann Arbor Open at Mack School
920 miller ave
ann arbor, MI, 48103
K-8Public
A
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Internet available near 540 Walnut St #2
Getting around Ann Arbor near 540 Walnut St #2
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 540 Walnut St #2, Ann Arbor
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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