Apartments For Rent in Traverse City, MI
103 rentals
- PET FRIENDLY$2,275 - $2,775/mo2-3 Beds2 BathsPremier Place II | 1502-60 Simsbury St #1502-7,
Traverse City, MI 49686 - NEW - 1 DAY AGOPET FRIENDLYTotal price$1,530 - $1,900/mo1-2 Beds1-2 BathsEagle Ridge Apartment Homes | 4760 Golden Eagle Cir #4454-31,
Traverse City, MI 49685 - SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY$1,860 - $2,010/mo2 Beds1-2 BathsRidge45 Apartments | 1555 Ridge Blvd #15-C-2365,
Traverse City, MI 49686 - PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
- $2,045 - $3,299/mo2-3 Beds2-4 BathsBayview of Traverse City | 24 Bay Front Dr #b79c758ca,
Traverse City, MI 49696 - $1,450 - $5,490/moStudio-3 Beds0-4 BathsBreakwater | 155 Garland St #3262159,
Traverse City, MI 49684 - $1,213 - $1,227/mo2-3 Beds1 BathBrookside Commons | 4155 Sprucewood Dr #114,
Traverse City, MI 49685 - Contact for price1-4 Beds1-2 BathsBoardman Lake Apartments | 2960 Feiger Ln #4924035,
Traverse City, MI 49684 Explore by rental type
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Explore Neighborhoods in Traverse City, MI
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What Locals Say about Traverse City
Review Highlights
Traverse City: lakeside living, lively downtown, trails, festivals, and easy small-city comfort. Walkable to bays, beaches, trails, parks, and a buzzing downtown with year-round festivals. Summer gridlock, pricey housing, small yards, slow cross-town drives, and spotty winter plowing.
AI-generated summary of moderated reviews.
Average Rent Trends in Traverse City, MI
Rent in Traverse City, MI 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 Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,150 |
| Jul 2025 | $2,300 |
| Aug 2025 | $2,400 |
| Sep 2025 | $2,300 |
| Oct 2025 | $2,099 |
| Nov 2025 | $2,000 |
| Dec 2025 | $1,885 |
| Jan 2026 | $1,875 |
| Feb 2026 | $1,900 |
| Mar 2026 | $1,975 |
| Apr 2026 | $1,895 |
| May 2026 | $2,250 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,621 | $1,840 | $2,600 | $3,850 | $2,250 |
| Townhomes | — | — | $3,300 | $35,000 | $3,300 |
| Apartments and Condos | $1,500 | $2,600 | $2,000 | $3,900 | $1,800 |
| Houses | $1,050 | $1,900 | $2,700 | $3,850 | $2,800 |
Frequently Asked Questions about Rentals in Traverse City, MI
- What is the average rent of an apartment in Traverse City, MI?The average rent of an apartment in Traverse City, MI is $1,719 per month. This is about 11% lower than the national average.
- What is the average rent of a house in Traverse City, MI?The average rent of a house in Traverse City, MI is $2,800 per month. This is about 45% higher than the national average.
- What is the average rent of a townhome in Traverse City, MI?The average rent of a townhome in Traverse City, MI is $3,300 per month. This is about 71% higher than the national average.
- When is the average rent cheapest in Traverse City, MI?In the last year, the average rent in Traverse City, MI was lowest in Feb 2025 when it was $1,740 per month.
- When is the average rent most expensive in Traverse City, MI?In the last year, the average rent in Traverse City, MI was highest in Aug 2025 when it was $2,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Traverse City, MI?The average rent of a 1 bedroom apartment in Traverse City, MI is $1,621 per month. That is about $387 more than the cost of a studio apartment.
- How many available rental listings are in Traverse City, MI?There are 96 available rental listings in Traverse City, MI.
- What are some neighborhoods in Traverse City, MI?Some neighborhoods in Traverse City, MI include: Central, Greilickville, Chums Corner, Oak Park, Traverse Heights.
- What are some zip codes in Traverse City, MI?
- What are some cities near Traverse City, MI?Some nearby cities include: Williamsburg, Grawn, Cedar, Kingsley, Lake Ann. These cities may have more rental options to explore.






