Traverse City MI Apartments

39 rentals

Apartments For Rent Near Traverse City, MI

We found 30 more apartments matching your filters just outside Traverse City

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 for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Sep 2025$1,779
Oct 2025$1,667
Nov 2025$1,724
Dec 2025$1,665
Jan 2026$1,642
Feb 2026$1,671
Mar 2026$1,716
Apr 2026$1,627
May 2026$1,676
Jun 2026$1,659
Jul 2026$1,720
Aug 2026$1,867
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,600$1,875$2,400$3,749$2,233
Townhomes—$1,700$2,000$30,000$1,750
Apartments and Condos$1,400$2,000$1,749$3,095$2,000
Houses$1,600$1,900$2,400$3,750$2,400
See more information about local market trends in Traverse City, MI

Frequently Asked Questions about Apartments and Condos for rent 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 $1,772 per month. This is about 10% lower than the national average.
  • When is the average rent for an apartment cheapest in Traverse City, MI?
    In the last year, the average rent in Traverse City, MI was lowest in May 2025 when it was $1,556 per month.
  • When is the average rent for an apartment 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 $1,866 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 $1,528 per month. That is about $253 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Traverse City, MI?
    There are 43 available apartments or condos to rent 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?
    Traverse City, MI includes zip codes such as: 49684, 49686, 49685, 49696, 49673.
  • 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.
View this page in Spanish: Traverse City, MI Apartamentos - 157 Apartamentos | Trulia