Cheap Houses for Rent in Traverse City, MI
49 rentals
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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 Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,600 |
| Jul 2025 | $2,900 |
| Aug 2025 | $2,680 |
| Sep 2025 | $2,600 |
| Oct 2025 | $2,563 |
| Nov 2025 | $2,550 |
| Dec 2025 | $2,399 |
| Jan 2026 | $2,350 |
| Feb 2026 | $2,399 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,600 |
| May 2026 | $2,850 |
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 | $1,595 | $1,849 | $2,700 | $3,222 | $2,300 |
| Townhomes | — | — | $3,300 | $35,000 | $3,300 |
| Apartments and Condos | $1,500 | $1,650 | $1,619 | $2,950 | $1,649 |
| Houses | $1,050 | $1,900 | $3,000 | $3,800 | $2,850 |
Frequently Asked Questions about Houses for rent in Traverse City, MI
- What is the average rent of a house in Traverse City, MI?The average rent of a house in Traverse City, MI is $2,850 per month. This is about 48% 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 Mar 2025 when it was $1,900 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 Jul 2025 when it was $2,900 per month.
- How many houses are available to rent in Traverse City, MI?There are 49 available houses 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?
- 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.