1 Bedroom Apartments for Rent near Peninsula, MI (25 Rentals)

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Chelsea Park West
$1,486 - $1,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,736 - $2,205

Total Monthly Price
$1,736 - $2,205
1 Bedroom Apartments Available Now

Chelsea Park West

2054 Essex View DrTraverse City, MI 49685
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Legends Morgan Farms
$1,460 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,725 - $2,453

Total Monthly Price
$1,725 - $2,453
1 Bedroom Apartments Available Now

Legends Morgan Farms

12300 S Lovell LnTraverse City, MI 49684
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 853 E Front St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,350

Total Monthly Price
$950 - $1,350

1 Bedroom Homes for Rent

Available Oct 27

853 E Front St

Traverse CityMI49686
property at 4210 Mitchell Creek Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Sep 5

4210 Mitchell Creek Dr, Unit 6

4210 Mitchell Creek Dr
Traverse CityMI49686

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Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Bayside Village
1 Bedroom Apartments

Bayside Village

6225 Center RdTraverse City, MI 49686
Senior Living

Peninsula, MI Local Guide

Largest Available Peninsula and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Peninsula, MI is found at Edge 72 and is 877 square feet priced from $1,687. Legends Morgan Farms has the second largest 1 Bedroom, which is sized at 869 square feet and currently listed start at $1,874. Here is today’s list of the largest available 1 Bedroom units in Peninsula:

Apartment ListingModel NameSquare FootagePriced From
Edge 72Traveler877 Sq Ft$1,687
Legends Morgan FarmsMission869 Sq Ft$1,874
Marengo TCMorello776 Sq Ft$1,659
Chelsea Park WestArcadia Bay746 Sq Ft$1,736
Bayview of Traverse City1 Bedroom, 1 Bath Apartment685 Sq Ft$1,690

Cheapest Available Peninsula and Nearby 1 Bedroom Apartments

As of August 24, 2026 the lowest priced 1 Bedroom apartment unit in Peninsula, MI is the 1 Bedroom R Model starting from $50 at Riverview Terrace in the Downtown Traverse City neighborhood. The second most affordable Peninsula 1 Bedroom is the 1 BEDROOM Model at Oak Terrace starting at $796 . The average price for all 1 Bedroom apartments in Peninsula is currently $1,625. Here is today’s list of the cheapest available 1 Bedroom options in Peninsula:

Apartment ListingModel NamePriced From
Riverview Terrace1 Bedroom R$50
Oak Terrace1 BEDROOM$796
Marengo TCMorello$1,659
Edge 72Traveler$1,687
Bayview of Traverse City1 Bedroom, 1 Bath Apartment$1,690

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about 1 Bedroom Peninsula Apartments

How much is the average rent for a 1 Bedroom Peninsula Apartment?

The average rent for a 1 Bedroom Apartment in Peninsula is $1,625.

What is the largest available 1 Bedroom Peninsula Apartment for rent?

Today's apartment with the most square footage in Peninsula is a 877 square feet unit starting from $1,687 at Edge 72.

What is the average size for Peninsula 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Peninsula is currently 250 sq ft.

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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.