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- Income Restrictions
- 1 Bedroom Bedrooms
- $500-$1,194Pricing
- 550–575Square Feet
About Oak Terrace
Embrace a vibrant and independent lifestyle at Oak Terrace Apartments, the premier choice for seniors (50+) 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
Floorplan Pricing and Availability
Oak Terrace offers 1 Bedroom apartments starting from $597 and having 550–575 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
1 BEDROOM
From $597
1 Bed, 1 Bath, 550-575 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft View Details $996 Available Now 1 575 $597 Available Now 2 575 $796 Available Now 3 575 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
- $500 - $1,194Plus Fees
Current Available Pricing
- $597 - $996 Plus Fees
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
- $996Plus Fees
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $500 - $1,194Plus Fees
Unit 2 Amenities and Features
Features
- Heating
- High Speed Internet Access
- Smoke Free
Kitchen
- Dishwasher
Living Space
- Carpet
- Vinyl Flooring
Unit 2 Rent and Fees
Unit Price
- $597Plus Fees
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $500 - $1,194Plus Fees
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
- $796Plus Fees
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $500 - $1,194Plus Fees
Apartment Unit: 1Apartment Model: 1 BEDROOM$9961 Bedroom, 1 Bath, 575 sq ftAvailable NowApartment Unit: 2Apartment Model: 1 BEDROOM$5971 Bedroom, 1 Bath, 575 sq ftAvailable NowApartment Unit: 3Apartment Model: 1 BEDROOM$7961 Bedroom, 1 Bath, 575 sq ftAvailable Now
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Property Information
- 48 Units
- 1 Story
- Built in 1985
- View Property Website
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Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Other Fees
Pet Fees
- Pet DepositiCharged Per Pet$25/mo
- One-Time Pet FeeiCharged Per Pet$150/mo
Other Pet
Dog
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
- Linen Closet
- Recreation Room

Map
- Shopping
- Medical

Map
Hours and Contact Info
| 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 |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $597. 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
Learn more about Lifestyle SearchRenters Reviews and Ratings
Management and Maintenance Staff Issues
January 15, 2023Management 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.Review from Apartments.com
Nearby Schools
Central High School
East Middle School
Traverse Heights Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Oak Terrace.
Big Box and Retail
Radioshack
Autozone
Jcpenney
Hospitals
Shopping Centers
Oak Terrace has 5 shopping centers within 1.6 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traverse City Studio Apartments | $1,293 | $1,275 | $1,299 |
| Traverse City 1 Bedroom Apartments | $1,561 | $597 | $2,560 |
| Traverse City 2 Bedroom Apartments | $1,977 | $1,023 | $3,302 |
| Traverse City 3 Bedroom Apartments | $2,405 | $1,154 | $3,246 |
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