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Oak Terrace Apartments

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(231) 943-6873
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1240 Oak Terrace Dr, Traverse City, MI 49686
Building Photo
Building Photo
20 Photos4 3D Tours
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
20 Photos4 3D Tours

Senior Housing Requirements

This property has specific senior housing residency requirements.
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Oak Terrace

1240 Oak Terrace Dr
Traverse City, MI 49686
(231) 943-6873
Oak Terrace in Traverse City, MI - Building Photo
  • 1 Bedroom Bedrooms
  • $796-$1,194 Pricing
  • 550–575 Square Feet

About Oak Terrace

Embrace a vibrant and independent lifestyle at Oak Terrace Apartments, the premier choice for seniors (55+) and residents with disabilities in Traverse City, Michigan. Situated at 1240 Oak Terrace Drive, our community offers a tranquil setting that is just minutes away from the excitement of the city. You are perfectly positioned to enjoy the stunning views of Grand Traverse Bay, explore local wineries, or access world-class medical care at Munson Medical Center. Oak Terrace is designed to support your wellness and social life. We are proud to offer an on-site workout facility, allowing you to stay active and fit without leaving the comfort of your building. During the beautiful Northern Michigan summers, our community grill and picnic areas become a hub of activity where neighbors share meals and stories. Your 1-bedroom apartment is a private sanctuary featuring central heating, air conditioning, and a smoke-free environment. We know that pets are family, which is why we are a pet-friendly community. With responsive 24/7 maintenance and on-site laundry, Oak Terrace offers a worry-free lifestyle where you can focus on what matters most to you.

Oak Terrace is located in the 49686 Zip code of Traverse City, MI. This community is professionally managed by Superior Management Systems

Property Contact Info

View Property Website
Call Us:
(231) 943-6873
Ask About Our Move-In Specials

Office Hours

Monday8:00 am–4:00 pm
Tuesday8:00 am–4:00 pm
Wednesday8:00 am–4:00 pm
Thursday8:00 am–4:00 pm
Friday8:00 am–4:00 pm
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

Oak Terrace offers 1 Bedroom apartments starting from $796 and having 550–575 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      1 BEDROOM

      From $796

      1 Bed, 1 Bath, 550-575 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq FtView Details
      $996Available Now1575
      $796Available Now3575
      $1,194Available Now4575

      Model Amenities and Features

      Features

      • Heating
      • High Speed Internet Access
      • Smoke Free

      Kitchen

      • Dishwasher

      Living Space

      • Carpet
      • Vinyl Flooring

      Model Rent and Fees

      Model Price Range

      • $796 - $1,194

      Unit 1 Amenities and Features

      Features

      • Heating
      • High Speed Internet Access
      • Smoke Free

      Kitchen

      • Dishwasher

      Living Space

      • Carpet
      • Vinyl Flooring

      Unit 1 Rent and Fees

      Unit Price

      • $996

      Model Rent and Fees

      Model Price Range

      • $796 - $1,194

      Unit 3 Amenities and Features

      Features

      • Heating
      • High Speed Internet Access
      • Smoke Free

      Kitchen

      • Dishwasher

      Living Space

      • Carpet
      • Vinyl Flooring

      Unit 3 Rent and Fees

      Unit Price

      • $796

      Model Rent and Fees

      Model Price Range

      • $796 - $1,194

      Unit 4 Amenities and Features

      Features

      • Heating
      • High Speed Internet Access
      • Smoke Free

      Kitchen

      • Dishwasher

      Living Space

      • Carpet
      • Vinyl Flooring

      Unit 4 Rent and Fees

      Unit Price

      • $1,194

      Model Rent and Fees

      Model Price Range

      • $796 - $1,194
    Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Request Tour
    Call us at: (231) 943-6873 to request a tour.

    3D Tours

    1BR, 1BA -
    1BR, 1BA -
    1BR, 1BA - 575SF
    1BR, 1BA - 575SF

    Property Information

    • 48 Units
    • 1 Story
    • Built in 1985

    Fees and Policies

    Parking Info and Fees

    Surface Lot
    • 1 Max

    Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

    Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Laundry Facilities

    Outdoor Features

    • Grill
    • Picnic Area

    Recreation and Fitness

    • Fitness Center
    • Gameroom

    Interior Features

    • Smoke Detector
    • Heating
    • Sprinkler System
    • Air Conditioning
    • Wheelchair Accessible (Rooms)
    • Smoke Free

    Kitchen Amenities

    • Refrigerator
    • Disposal
    • Kitchen

    Living Area Features

    • Recreation Room
    • Linen Closet
    Ask About Our Amenities
    Google Map

    Map

    1240 Oak Terrace Dr, Traverse City, MI 49686

    Getting Around

    • 40 / 100 Fairly walkable

      Some day-to-day needs are within walking distance

    • 20 / 100 Limited public transit

      Transit is available for some trips

    • 50 / 100 Fairly bikeable

      Somewhat suitable for bicycle commuting and/or recreation

    • 100 / 100 Exceptionally car friendly

      Excellent access to freeways and/or major arteries, with almost no chance of parking problems

    Scores provided by Local Logic details

    Getting to Know the Area

    • 50 / 100 Restaurants

      Some restaurants within a few minutes

    • 40 / 100 Cafes

      Some cafés within a few minutes

    • 20 / 100 Nightlife

      Some bars within walking distance

    • 50 / 100 Shopping

      Several shops within walking distance

    • 10 / 100 Noise Level

      Many sources of noise nearby

    Scores provided by Local Logic

    Frequently Asked Questions about Oak Terrace

    Where is Oak Terrace located?

    Oak Terrace is located at 1240 Oak Terrace Dr, Traverse City, MI

    What is the current rent range at Oak Terrace?

    1 Bedrooms at Oak Terrace currently start from $796. Call today for more info!

    When is the leasing office open?

    • The office Hours for Oak Terrace are
    • Monday 8:00 am–4:00 pm
    • Tuesday 8:00 am–4:00 pm
    • Wednesday 8:00 am–4:00 pm
    • Thursday 8:00 am–4:00 pm
    • Friday 8:00 am–4:00 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability 3.8

      The Affordability rating shows you how this community's most affordable floorplan pricing relates to the local average.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    1.0
    1 Renters Reviews

    Management and Maintenance Staff Issues

    January 15, 2023 - Review from Apartments.com
    Management has refused to address how terribly cold it is in the apartments on the main level. Residents are layered in blankets and winter boots trying to stay warm and maintenance refuses to help. The whole place was remodeled a few years ago and residents were outfitted with cabinets that don’t work or they can’t even access. Management and maintenance staffing issues are overdo to be addressed to make this a safe and comfortable place for our aging community members.

    Nearby Schools

    Traverse Heights Elementary School

    Traverse City Area Public Schools
    933 Rose Street
    Public School - Grades PK-5 (238 Students)
    In Attendance Zone3 minute drive / 1.3 miles away
    5/10

    East Middle School

    Traverse City Area Public Schools
    1776 3 MILE RD N
    Public School - Grades 6-8 (833 Students)
    In Attendance Zone5 minute drive / 2.7 miles away
    7/10

    Central High School

    Traverse City Area Public Schools
    1150 Milliken Drive
    Public School - Grades 6-12 (1304 Students)
    In Attendance Zone5 minute drive / 2.6 miles away
    7/10
    Contact Us About Nearby Schools
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Oak Terrace.

    Big Box and Retail

    Radioshack

    1377 W South Airport Rd
    1 minute drive / 0.25 miles away

    Jcpenney

    3300 S Airport Rd W
    4 minute drive / 2.01 miles away

    Lowe's

    3150 N Us Highway 31 S
    4 minute drive / 2.07 miles away

    Colleges and Universities

    Northwestern Michigan College

    1701 E. Front St.
    4 minute drive / 2.04 miles away

    Hospitals

    Munson Medical Center

    1105 Sixth Street
    6 minute drive / 2.99 miles away

    Shopping Centers

    1280 S Airport

    1280 W South Airport Rd
    1 minute drive / 0.27 miles away

    Cherryland Center

    1148 S Airport Rd
    1 minute drive / 0.35 miles away

    Logan's Landing

    2018 South Airport Rd
    2 minute drive / 0.84 miles away

    Oak Terrace has 5 shopping centers within 1.6 miles.

    Nearby Neighborhoods

    Downtown Traverse City

    1 to 3 Bedroom Apartments from $1,150
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Traverse City Studio Apartments $1,491$1,275$1,600
    Traverse City 1 Bedroom Apartments $1,633$694$2,508
    Traverse City 2 Bedroom Apartments $2,066$818$3,348
    Traverse City 3 Bedroom Apartments $2,594$1,154$3,195
    Traverse City 4 Bedroom Apartments $2,960$2,775$3,095
    2 Bedroom Homes$1,628$850$2,400
    3 Bedroom Homes$2,225$1,349$3,500
    4 Bedroom Homes$4,000$3,000$5,000
    5 Bedroom Homes$3,400$3,400$3,400
    6 Bedroom Homes$2,500$2,500$2,500

    Browse Top Apartments in Traverse City

    By Price

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    Viewing: Oak Terrace | Desktop Version | Listing Updated: 06/08/2026 | AHLGLD