Cheap Apartments for Rent in 49686
54 rentals
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- $1,600 - $1,900/mo2 Beds2 BathsHoliday Village Townhomes | 3835-3906 Vale Dr #11200436,
Traverse City, MI 49686 - $1,860 - $2,010/mo2 Beds1-2 BathsRidge45 Apartments | 1555 Ridge Blvd #N-2515-12,
Traverse City, MI 49686 - $2,275 - $2,775/mo2-3 Beds2 BathsPremier Place II | 1502-60 Simsbury St #1502-3,
Traverse City, MI 49686 Save Search in 49686
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Average Rent Trends in 49686
Rent in 49686 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,500 |
| Jul 2025 | $2,500 |
| Aug 2025 | $2,300 |
| Sep 2025 | $2,350 |
| Oct 2025 | $2,000 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,756 |
| May 2026 | $1,950 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,540 | $1,800 | $2,395 | $5,400 | $1,950 |
| Apartments and Condos | $1,400 | $2,300 | $1,892 | — | $1,800 |
| Houses | $1,900 | $1,900 | $2,850 | $6,000 | $2,800 |
Frequently Asked Questions about Rentals in 49686
- What is the average rent in 49686?The average rent in 49686 is $1,950. Rent prices range from $975 to as much as $12,500, depending on the type of rental.
- How does the rent in 49686 compare to the national average?Average rent in 49686 is about 2% higher than the national average rent of $1,910. That means it is more expensive to rent in 49686 compared to the U.S. average.
- What is the average rent in 49686, by number of bedrooms?The average rent in 49686 is $1,275 for a studio, $1,540 for a 1 bedroom, $1,800 for a 2 bedroom, $2,395 for a 3 bedroom, and $5,400 for a 4 bedroom.
- How have rent prices in 49686 changed compared to last year?In the past year, the average rent price in 49686 has decreased by $550. That means the average rent is 28% lower than last year.
- How many available rental listings are in 49686?There are 45 available rental listings in 49686.
- What are some cities near 49686?Some nearby cities include: Traverse City, Williamsburg, Elk Rapids, Suttons Bay, Cedar, Rapid City. These cities may have more rental options to explore.