Cheap Homes for Rent in Grand Traverse County, MI from $400 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Grand Traverse County.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Parkview Apartments in the Downtown Traverse City neighborhood priced from $694. Pine Hills and Cedar Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Grand Traverse County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview ApartmentsOne bedroom1BR,1BA$694
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,000
Bay Hill I1A1BR,1BA$1,036
Ruth ParkTwo Bedroom2BR,1BA$1,170
Studio's at The VicKingStudio,1BA$1,199

Best Value Apartments for Rent in Grand Traverse County, MI

As of January 08, 2026 the best value apartment in the Grand Traverse County area is the $1.88 price per square foot 3 Bed 2 Bath Condo Model at Terrace Bluff Condominiums in the starting from $2,400. The second greatest value Grand Traverse County apartment is the Three Bedroom Model at Ruth Park starting at $1,675 with a $1.50 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Grand Traverse County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace Bluff Condominiums3 Bed 2 Bath Condo3BR,2BA$1.88
Ruth ParkThree Bedroom3BR,2BA$1.50
Edge 72Explorer2BR,2BA$1.82
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.74
Annika PlaceTwo Bedroom2BR,1BA$1.56
Emerald Creek ApartmentsThe Harbor2BR,1BA$1.84
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1.43
Bay Hill I1A1BR,1BA$1.57
Parkview ApartmentsOne bedroom1BR,1BA$1.06

Frequently Asked Questions about Grand Traverse County

What type of rentals are currently available in Grand Traverse County?

There are currently 102 Apartments for Rent in Grand Traverse County, MI with pricing that ranges from $694 to $15,650. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Traverse County ranging from $400 to $5,500.

What is the current price range for Rental Homes in Grand Traverse County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Traverse County ranges from $400 to $5,500 with an average monthly rent of $2,193.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!