Current Tenants have first right to renew. If they do not renew, this unit will be available for an August 14, 2027 lease start. Reach out today to be added to the waitlist.
1221 Prospect is a beautiful house located just minutes from the University of Michigan's central campus, the Ross School of Business, and downtown Ann Arbor, yet tucked away in a quiet residential neighborhood close to Burns Park. It was once home to a famous violinist.
The house features: 5 spacious bedrooms with large windows. Some include skylights and balconies. A bonus room that could be used as a flex space. 3 full bathrooms and one half bathroom. 3 floors plus a basement, with a mid-century modern feel and spacious common areas. Kitchen with oven, refrigerator, dishwasher, and ample cabinet/countertop space. A large back deck, perfect for entertaining. Central AC. Basement laundry and storage space. 4 on-site parking spaces. Newly updated front landscaping. The unit comes unfurnished.
Details: Tenants are responsible for gas, electric, water/sewer/trash/recycling, and internet. Lawn care is included in rent. Tenants responsible for snow/ice removal. No pets allowed. Security deposit: 1.5x the rent. No application fee. Non-refundable $50 lease processing fee per tenant, only charged if lease is signed. Maximum occupancy is 6 and there are 5 legal bedrooms.
Amenities: Range/Oven. Heating: forced air. Parking: 4 spaces.
11 days on RentalSource
RentalSource last checked: 3 hours ago · Listing updated: November 3, 2026
This 5-bedroom, 3.5-bathroom house at 1221 Prospect St in Ann Arbor, MI 48104 rents for $6,700 a month. It has 2,732 square feet. 1221 Prospect St was advertised by Baker Street Properties on November 3, 2026.
How the Rent Compares
At $6,700 a month, this house is close to the typical rent for 4+ bedroom houses and townhouses in Ann Arbor (about $6,650).
Typical $6,650This home $6,700
$4,230$9,310
From 82 houses and townhouses with four or more bedrooms listed in Ann Arbor on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$6,650Typical rent for 4+ bedroom houses and townhouses in Ann Arbor
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Recommended income
$268,000 /year
With your chosen rent-to-income ratio, an annual income of $268,000 is recommended to comfortably afford this 5-bedroom rental priced at $6,700 per month.
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