Apartments For Rent in Petoskey, MI

17 rentals

Apartments For Rent Near Petoskey, MI

We found 6 more apartments matching your filters just outside Petoskey

What Locals Say about Petoskey

  • Kalajhutchinsoncounseling
    "Kind and friendly. Helpful and connected with resources in the area. Clean and beautiful. Great community clean up and services. Lots of restaurants and stores to fill your needs. "
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  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
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  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
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  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
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  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
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  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
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  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
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  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
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  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
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  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
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  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
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  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
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  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
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  • Lacy M.
    "The schools are great. Rent prices and property taxes are very high. Good paying jobs are available, but minimal. Overall, a great town. It's expensive to live here."
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  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
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  • Reiner B. N.
    Bay Harbor, Petoskey
    " Gated community surrounding a golf course and yacht club. Community is on Lake Michigan (little traverse bay) and has many good restaurants "
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  • Famtastic l.
    "This home is located accross from state land and surrounded by CCC trails. If you love dirt bike riding, snow mobiling, horse back riding, etc this is the perfect spot. Located just 10 minutes from Petoskey which is set on Lake Michigan. There are many activies to keep you busy in this small town and surrounding area. "
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  • Bizbox43
    Bay Harbor, Petoskey
    "Estimated prices shown are on the low side. Fabulous area for a summer home but great opportunities for winter sports as well. World class yacht club. Excellent 27 holes of golf. Two protected harbors. Highest usage of electric cars in the country (GEM cars)."
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Average Rent Trends in Petoskey, MI

Rent in Petoskey, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jul 2025$1,450
Aug 2025$1,515
Sep 2025$1,700
Oct 2025$2,200
Nov 2025$2,000
Dec 2025$2,000
Jan 2026$2,000
Feb 2026$2,000
Mar 2026$1,800
Apr 2026$1,750
May 2026$1,698
Jun 2026$1,720
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,495$1,750$2,100—$1,720
Townhomes—$2,200——$2,200
Apartments and Condos$1,400$1,750$2,100—$1,750
Houses—$3,000$900—$2,800
See more information about local market trends in Petoskey, MI

Frequently Asked Questions about Rentals in Petoskey, MI

  • What is the average rent of an apartment in Petoskey, MI?
    The average rent of an apartment in Petoskey, MI is $1,653 per month. This is about 15% lower than the national average.
  • What is the average rent of a house in Petoskey, MI?
    The average rent of a house in Petoskey, MI is $2,800 per month. This is about 44% higher than the national average.
  • What is the average rent of a townhome in Petoskey, MI?
    The average rent of a townhome in Petoskey, MI is $2,200 per month. This is about 13% higher than the national average.
  • When is the average rent cheapest in Petoskey, MI?
    In the last year, the average rent in Petoskey, MI was lowest in Apr 2025 when it was $1,300 per month.
  • When is the average rent most expensive in Petoskey, MI?
    In the last year, the average rent in Petoskey, MI was highest in Oct 2025 when it was $2,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Petoskey, MI?
    The average rent of a 1 bedroom apartment in Petoskey, MI is $1,495 per month. That is about $5 less than the cost of a studio apartment.
  • How many available rental listings are in Petoskey, MI?
    There are 17 available rental listings in Petoskey, MI.
  • What are some neighborhoods in Petoskey, MI?
    Some neighborhoods in Petoskey, MI include: Bay Harbor.
  • What are some zip codes in Petoskey, MI?
    Petoskey, MI includes zip codes such as: 49770.
  • What are some cities near Petoskey, MI?
    Some nearby cities include: Walloon Lake, Oden, Alanson, Boyne Falls, Boyne City. These cities may have more rental options to explore.
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