Apartments For Rent in Traverse City, MI
101 rentals
Use arrow keys to navigatePET FRIENDLY$2,275 - $2,775/mo
2-3 Beds
2 BathsPremier Place II | 1502-60 Simsbury St #1502-7,
Traverse City, MI 49686
Use arrow keys to navigatePET FRIENDLYTotal price$1,530 - $1,900/mo1-2 Beds1-2 BathsEagle Ridge Apartment Homes | 4760 Golden Eagle Cir #4624-11,
Traverse City, MI 49685
Use arrow keys to navigateNEW - 9 HRS AGOSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateNEW - 9 HRS AGOPET FRIENDLY$1,860 - $2,010/mo2 Beds1-2 BathsRidge45 Apartments | 1555 Ridge Blvd #15-C-2365,
Traverse City, MI 49686
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Use arrow keys to navigatePET FRIENDLY$2,045 - $3,299/mo2-3 Beds2-4 BathsBayview of Traverse City | 24 Bay Front Dr #b79c758ca,
Traverse City, MI 49696
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Contact for price1-4 Beds1-2 BathsBoardman Lake Apartments | 2960 Feiger Ln #4924035,
Traverse City, MI 49684
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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 in Traverse City, MI?The average rent in Traverse City, MI is $2,250. Rent prices range from $975 to as much as $35,000, depending on the type of rental.
- How does the rent in Traverse City, MI compare to the national average?Average rent in Traverse City, MI is about 18% higher than the national average rent of $1,910. That means it is more expensive to rent in Traverse City compared to the U.S. average.
- What is the average rent in Traverse City, MI, by number of bedrooms?The average rent in Traverse City, MI is $1,234 for a studio, $1,621 for a 1 bedroom, $1,840 for a 2 bedroom, $2,600 for a 3 bedroom, and $3,850 for a 4 bedroom.
- How have rent prices in Traverse City, MI changed compared to last year?In the past year, the average rent price in Traverse City, MI has increased by $135. That means the average rent is 6% higher than last year.
- 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.