
Cheap Apartments for Rent in Grand Traverse County, MI from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Traverse County.


Parkview Apartments

Riverview Terrace

Oak Terrace

Bay Hill I

853 E Front St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3415 Mahoney Dr

Harbour Ridge Apartments

107 Cass St, Unit Condo 2, Unit Condo 2

Studio's at The Vic

2276 S M-37, Unit B, Unit B

Lake Pointe Village
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Ridge45 Apartments

Pine Hills and Cedar Hills Apartments

Sugar Plum Apartments

Boardman Lake

East Bay Flats

Brookside Commons
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2285 E Carriage Hill Dr

Tradewinds Terrace

The Flats at Carriage Commons

Garfield Oaks

Liv Arbors

King's Court
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Copper Village Apartments

124 Beech St
Grand Traverse County, MI Local Guide

How much does it cost to rent an apartment in Grand Traverse County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Traverse County Studio Apartments | $1,491 | $1,275 | $1,600 |
| Grand Traverse County 1 Bedroom Apartments | $1,574 | $419 | $3,200 |
| Grand Traverse County 2 Bedroom Apartments | $2,133 | $818 | $3,500 |
| Grand Traverse County 3 Bedroom Apartments | $2,554 | $1,154 | $3,500 |
| Grand Traverse County 4 Bedroom Apartments | $3,795 | $2,775 | $5,972 |
Browse Apartments in Grand Traverse County
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Cheapest Available Grand Traverse County Apartments for Rent
 The cheapest available apartment rental in Grand Traverse County, MI is a 1 Bed unit found at Annika Place in the Downtown Traverse City neighborhood priced from $419. Riverview Terrace in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. Here is today’s list of the most affordable Grand Traverse County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Annika Place | One Bedroom | 1BR,1BA | $419 |
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $744 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Brookside Commons | Three Bedroom | 3BR,2BA | $1,213 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,300 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1,374 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1,475 |
| Townline Flats | Townline 1 Bedroom Apartments | 1BR,1BA | $1,540 |
| Oak Shore Commons | 1 Bed 1 Bath | 1BR,1BA | $1,649 |
| Edge 72 | Traveler | 1BR,1BA | $1,687 |
Best Value Apartments for Rent in Grand Traverse County, MI
As of May 21, 2026 the best value apartment in the Grand Traverse County area is the $1.65 price per square foot Ottawa Model at Liv East Bay in the starting from $3,445. The second greatest value Grand Traverse County apartment is the 2/2.5 Model at Brookside Village Apartments starting at $1,725 with a $1.25 price per square foot . Here is today’s list of the best values for Grand Traverse County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liv East Bay | Ottawa | 5BR,2.5BA | $1.65 |
| Brookside Village Apartments | 2/2.5 | 2BR,2.5BA | $1.25 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.36 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.87 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.86 |
| Annika Place | One Bedroom | 1BR,1BA | $0.61 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
Frequently Asked Questions about Cheap Grand Traverse County Apartments
What is the price of a cheap apartment in Grand Traverse County?
The cheapest apartment in Grand Traverse County is Annika Place which is listed at $419, while the average apartment in Grand Traverse County costs $3,460.
What types of apartments are the cheapest in Grand Traverse County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Grand Traverse County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Grand Traverse County?
Cheap apartments in Grand Traverse County have an average cost of $212 which is $3,248 cheaper than the average rent for all rentals in Grand Traverse County.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.