Current tenants have first right to renew. If they do not renew, this unit will be available for August 2027 lease start. Reach out today to be added to the waitlist.
317 S Division is in the heart of downtown Ann Arbor, 1 block from Central Campus and steps from State Street, Main Street, and Kerrytown. This 4 bedroom, 2.5 bath townhome is a newly constructed building, completed in 2026 and comes fully furnished. Rent for 2027-2028 will be offered at $5,695/month.
This is a private, three-level townhome with its own entrance and no units above or below, so it lives like a single-family house rather than an apartment. There are vaulted ceilings and it's the historic location of the Mail Shoppe. With two full bathrooms, every resident has a bathroom split just two ways. The main floor is open and bright, with the kitchen, living room, and a half bath for guests. Beautiful, unique front porch.
The kitchen is finished with quartz countertops, new cabinetry, and stainless steel appliances. Hardwood floors run throughout the home, with no carpet, and all windows are new.
All furniture is new and high quality. Each bedroom includes a bed frame, mattress, desk, and chair, along with a ceiling fan with dimmable lighting. The living room is set up with a couch and lounge seating, and the kitchen has four barstools at the counter....
Additional features include an in-unit washer and dryer, central heating and air conditioning with an individual thermostat, and lawn care and snow removal provided by management.
Lease terms: 12-month lease beginning August 2027. Rent: $5,695/mo. Water, sewer, and trash: $30 per person per month. Tenants pay electric (DTE) and internet directly in their name. Security deposit: 1.5x monthly rent. Pets and some parking available upon approval. Separate fees may apply. No application fee. Lease processing fee of $50 per tenant, only charged if lease is signed. Amenities: Range/Oven. Heating: forced air.
8 days on RentalSource
RentalSource last checked: 12 hours ago · Listing updated: November 13, 2026
This 4-bedroom, 2.5-bathroom townhouse at 317 S Division St #A in Ann Arbor, MI 48104 rents for $5,600 a month. It has 1,300 square feet and is pet friendly. 317 S Division St #A was advertised by Baker Street Properties on November 6, 2026.
How the Rent Compares
At $5,600 a month, this townhouse is below the typical rent for 4+ bedroom houses and townhouses in Ann Arbor (about $6,650).
Typical $6,650This home $5,600
$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
The rent has dropped from $5,695 to $5,600 since it was listed on November 6.
Rent history for this home, newest first
Date
Event
Rent
Change
November 11, 2026
Price change
$5,600−1.7%
−1.7%
November 6, 2026
Listed for rent
$5,695
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 317 S Division St #A?
Bedrooms
4 bedrooms
30%
10%Recommended50%
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
$224,000 /year
With your chosen rent-to-income ratio, an annual income of $224,000 is recommended to comfortably afford this 4-bedroom rental priced at $5,600 per month.
How long would the trip to work or school be from here? Add where you go, and see the drive, bike ride or walk from this home and from every home you look at.
Drive times are for average traffic, so rush hour can take longer.
