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.

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 $987 per month.

In the last year, the average rent in Petoskey, MI was highest in Jan 2025 when it was $1,700 per month.

The average rent of a 1 bedroom apartment in Petoskey, MI is $1,537 per month. That is about $37 more than the cost of a studio apartment.

There are 14 available apartments or condos to rent in Petoskey, MI.

Some neighborhoods in Petoskey, MI include: Bay Harbor .

Petoskey, MI includes zip codes such as: 49770 .

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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PET FRIENDLY
$1,725 - $1,849/mo
1-2 Beds
1-2 Baths
The Block at Petoskey | 1420 Standish Ave #106C,
Petoskey, MI 49770
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$1,622/mo
2 Beds
2 Baths
1297 Lachaumiere Dr #7b10e5509,
Petoskey, MI 49770
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PET FRIENDLY
$850/mo
2 Beds
1 Bath
208 E Sheridan St #16,
Petoskey, MI 49770
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APPLY INSTANTLY
PET FRIENDLY
$1,500/mo
Total price
Studio
1 Bath
500 sqft
437 Jackson St #4,
Petoskey, MI 49770
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APPLY INSTANTLY
FURNISHED
$2,000/mo
2 Beds
2.5 Baths
1,010 sqft
827 Arlington Ave #7,
Petoskey, MI 49770
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APPLY INSTANTLY
FURNISHED
$2,500/mo
Total price
2 Beds
2 Baths
1,000 sqft
1134 Charlevoix Ave #10,
Petoskey, MI 49770
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$2,100/mo
3 Beds
1 Bath
418 Waukazoo Ave #5,
Petoskey, MI 49770
PET FRIENDLY
$1,495 - $1,795/mo
1-2 Beds
1 Bath
Del Rey Apartments | 424 Emmet St #2B,
Petoskey, MI 49770
PET FRIENDLY
$1,490/mo
2 Beds
2 Baths
900 Emmet St #321,
Petoskey, MI 49770
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Apartments For Rent Near 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 Jan 2025.

View as a graph

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.

	1 bed	2 beds	3 beds	4 beds	All
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

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.
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 $987 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 Jan 2025 when it was $1,700 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 $1,537 per month. That is about $37 more than the cost of a studio apartment.
How many apartments or condos are available to rent in Petoskey, MI?
There are 14 available apartments or condos to rent 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.