Last updated
Average Rent in Burns Park & Rent Trends
Rent prices and market trends across 2 apartment communities in Burns Park, Ann Arbor, MI. Updated daily.
Market Average
$2,230/mo
▼ 7.9% from last month
Lowest Available
$1,639/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
20
available now
Burns Park vs Ann Arbor, MI Average
Burns Park is more expensive the Ann Arbor, MI average by $5/mo (0%). The citywide average is $2,225/mo across all neighborhoods.
Is Rent Going Up or Down in Burns Park?
As of May 2026, the average rent in Burns Park is $2,230 per month across 2 apartment communities and 20 available units. Rents have decreased $195 (7.9%) over the past month.
The most affordable option is VERVE Ann Arbor Apartments starting at $1,639/mo. By unit type, a studio averages $2,481/mo, a 1-bedroom averages $2,660/mo, a 2-bedroom averages $2,499/mo, a 3-bedroom averages $1,639/mo, a 4-bedroom averages $1,977/mo, a 5-bedroom averages $1,972/mo.
Prices range from $1,639 to $3,299 per month. The most common price point is the $1,800 range, where 7 units are currently listed.
Burns Park Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Burns Park
Rent Prices by Apartment in Burns Park
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| VERVE Ann Arbor Apartments | $1,639/mo | $2,102/mo | 12 | 4.8 |
| Hoover + Greene | $1,995/mo | $2,423/mo | 8 | 4.8 |
Google Search Trends for Burns Park Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Burns Park
What is the average rent in Burns Park?
Is rent going up or down in Burns Park?
What is the cheapest apartment in Burns Park?
How much is a 1-bedroom apartment in Burns Park?
How many apartments are available in Burns Park?
What salary do I need to live comfortably in Burns Park?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$89,000/year
30 percent rule -- using our average rent of $2,230/mo.
Comfortable income
$107,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,639/mo), you need to earn at least $66,000/year.
Median household income in Burns Park is $81,089 , about 24% below the comfortable-living threshold.
Cost of living in Burns Park
Overall prices in Burns Park runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Burns Park's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,230 |
| Utilities | $482 |
| Groceries | $508 |
| Transportation | $1,149 |
| Healthcare | $561 |
| Other goods and services | $897 |
| Estimated total | $5,828/mo |
Population
121,179
Median household income
$81,089
Census median rent
$1,552/mo
Rent as % of income
34.9%
Median age
27.7
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Burns Park Apartments
Browse all 2 communities with daily-updated pricing and availability.