ANN ARBOR — Plans for a six-story apartment complex next to Trader Joe’s on East Stadium Boulevard are moving forward as part of a broader effort to address continued demand for rental housing in Ann Arbor. With more than 27,500 renter-occupied units in the city — about 55 % of all housing — and vacancy rates near historic lows — developers and officials argue that new supply is urgently needed.
Average Monthly Rent in Ann Arbor
- 2019: ~$1,250
- 2021: ~$1,400
- 2023: ~$1,550
2025: $1,600–$1,650 (average)
“Newer apartments often lease for $2,200–$2,600+ for one-bedroom units.”…