What's the average rent in Petoskey, MI?
Rental Market Trends in Petoskey, MI
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Petoskey, MI is $2,000 per month, which is 3% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$2,000
0.0%No change month over month
0.0%No change year over year
AVAILABLE RENTALS
16
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, townhomes are the most affordable rental option in Petoskey, MI at $1,250 per month, while houses are the most expensive at $2,800 per month. Apartments average $1,811 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,750 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | — |
| All | $2,000 |
As of September 2026, the average rent for a 1 bedroom rental in Petoskey, MI is $1,000 per month, followed by $1,750 for a 2 bedroom rental, and $2,800 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,250 |
As of September 2026, the average rent for a 2 bedroom townhome in Petoskey, MI is $1,250 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | — |
| All | $2,000 |
As of September 2026, the average rent for a 2 bedroom apartment in Petoskey, MI is $2,200 per month, followed by $2,000 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | — |
| All | $2,800 |
As of September 2026, the average rent for a 1 bedroom house in Petoskey, MI is $1,000 per month, followed by $1,900 for a 2 bedroom house, and $2,900 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +6% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $850 to $3,100.
