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$500 - $1,1941 Bedroom Apartments Available Now
Oak Terrace
1240 Oak Terrace DrTraverse City, MI 49686
Cheap Apartments for Rent in Grand Traverse County, MI from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Traverse County.
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$694 - $1,2951 to 2 Bedroom Apartments Available Now
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
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$857 - $1,5721 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
853 E Front St, Unit cottage 2
853 E Front St
Traverse CityMI49686
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.
621 Grant St
Traverse CityMI49686
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1 to 4 Bedroom Apartments
Boardman Lake
2960 Feiger LnTraverse City, MI 49684
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Studio to 1 Bedroom Apartments
East Bay Flats
440 Munson AveTraverse City, MI 49686
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1 to 4 Bedroom Apartments
Tradewinds Terrace
851 Fitzhugh DrTraverse City, MI 49684
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.
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Studio to 2 Bedroom Apartments
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
Showing Results 1-9, Page 1 of 1
Grand Traverse County, MI Local Guide
Wooded train tracks by rob b is licensed under CC BY 2.0
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 | $1,218 | $1,199 | $1,275 |
| Grand Traverse County 1 Bedroom Apartments | $1,561 | $694 | $2,560 |
| Grand Traverse County 2 Bedroom Apartments | $1,999 | $818 | $3,302 |
| Grand Traverse County 3 Bedroom Apartments | $2,490 | $1,154 | $3,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Oak Terrace priced from $500. Parkview Apartments in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Grand Traverse County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $500 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Harbour Ridge Apartments | One Bed One Bath | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Grand Traverse County, MI
As of February 19, 2026 the best value apartment in the Grand Traverse County area is the $1.20 price per square foot Two Bedroom Model at Brookside Commons in the starting from $1,227. The second greatest value Grand Traverse County apartment is the 2x2 Model at Village Glen Apartments starting at $1,374 with a $1.36 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. |
|---|---|---|---|
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Village Glen Apartments | 2x2 | 2BR,2BA | $1.36 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.74 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.55 |
| 3311 Mahoney Dr, Unit 3313 | 3311 Mahoney Dr | 2BR,1BA | $1.67 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Emerald Creek Apartments | The Harbor | 2BR,1BA | $1.75 |
| Parkview Apartments | One bedroom | 1BR,1BA | $0.95 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.86 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $0.87 |
Frequently Asked Questions about Cheap Grand Traverse County Apartments
What is a cheap apartment in Grand Traverse County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Traverse County is under $1,400.
What is the price of a cheap apartment in Grand Traverse County?
The cheapest apartment in Grand Traverse County is Oak Terrace which is listed at $500, while the average apartment in Grand Traverse County costs $2,399.
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 16 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 $312 which is $2,087 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.