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515 Walnut

Ann Arbor, MI 48104 - Washtenaw County

Apartment

2 beds

2 baths

914-1,382 sqft

About 515 Walnut

Spacious Apartments Near CC Little and Central Campus. This large, conveniently located building offers a variety of floor plans ranging from cozy studios to expansive two-bedroom, two-bath apartments. Each unit provides ample living space, with select apartments featuring upgraded kitchens, new flooring and living rooms accented by beautifully designed windows. Perfect for individuals or groups, these apartments offer easy access to bus routes for both classes and work. Additional amenities include on-site laundry facilities and plenty of parking for residents. Air conditioning (wall unit), Dishwasher, Parking included, Shared laundry, For a monthly fee:, Heat, Water & Balcony.

RentalSource last checked: June 12, 2026 · 4:46 PM ET

Last updated: June 10, 2026 at 4:48 PM ET

Managed by: Varsity Management · (734) 668-1100 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$2,450 - $2,800
Bedrooms:	2 beds
Bathrooms:	2 baths

Size:	914-1,382 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	82417895

Property Amenities

• Air Conditioning

• Balcony/Patio

• Dishwasher

Community Features

• Laundry Facilities

• Parking

Unit Rates

Name	Beds	Baths	Sqft	Rent
2 Beds	2	2	914	$2,450 - $2,800
2 Beds	2	2	1,382	$2,600
2 Beds	2	2	1,382	$2,800

Additional Details

Apartments for rent in Ann Arbor for $2,450-$2,800 with 2 beds, 2 baths, 914-1,382 sqft and located at 515 Walnut in Ann Arbor, MI 48104. The averaged rental price of $2,625 is 16.1% ($364) higher than the average rent of $2,261 for a 2 bedroom apartment in Ann Arbor, MI and 33.0% ($652) higher than the average rent of $1,973 for a 2 bedroom apartment in Washtenaw County. 515 Walnut was advertised by Varsity Management 6+ months ago, last updated on June 10, 2026 at 4:48 PM ET and last checked today at 4:46 PM ET.

Affordability Calculator

Can I afford to live at 515 Walnut?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$98,000 /year

With your chosen rent-to-income ratio, an annual income of $98,000 is recommended to comfortably afford this 2-bedroom rental priced at $2,450 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$2,450 - $2,800

Rent Affordability Calculator

Interested in 515 Walnut?

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Property managed by:

Varsity Management
(734) 668-1100

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.