Cheap Apartments for Rent in Petoskey, MI

22 rentals

Apartments For Rent Near Petoskey, MI

We found 11 more apartments matching your filters just outside Petoskey

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 Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
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$1,700
Jun 2026$1,718
Jul 2026$1,686
Aug 2026$1,800
View as a graph

Average Rent By Bedroom and Home Type

In August 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$1,732$1,789$2,500$2,750$2,000
Townhomes—$2,200——$2,200
Apartments and Condos$2,000$1,800$2,000—$1,800
Houses—$1,800$2,500$2,750$2,750
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 $1,606 per month. This is about 18% 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 $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 $1,732 per month. That is about $515 more than the cost of a studio apartment.
  • How many available rental listings are in Petoskey, MI?
    There are 20 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.
View this page in Spanish: Apartamentos baratos en renta en Petoskey, MI - 42 Rentas | Trulia
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