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


Sugar Plum Apartments

Total Monthly Price
Chelsea Park West

Bayview of Traverse City

Total Monthly Price
Legends Morgan Farms

Oak Terrace
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Parkview Apartments

Alger Apartments

Edge 72

Townline Flats

Ridge45 Apartments

West End Lofts
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Lake Pointe Village

Harbour Ridge Apartments

Bay Hill I

Bear Creek Meadows - Petoskey, MI

Marengo TC

Bellaire Lofts
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Riverview Terrace

853 E Front St

5713 Creeks Crossing N, Unit 5713 CREEKS CROSSING N, W

4210 Mitchell Creek Dr, Unit 6

602 Saunders Rd SE

124 Beech St
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Bayside Village
Peninsula, MI Local Guide

How much does it cost to rent an apartment in Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula Studio Apartments | $1,543 | $1,275 | $1,600 |
Peninsula 1 Bedroom Apartments | $1,625 | $796 | $2,508 |
| Peninsula 2 Bedroom Apartments | $2,022 | $818 | $3,348 |
| Peninsula 3 Bedroom Apartments | $2,483 | $1,154 | $3,500 |
| Peninsula 4 Bedroom Apartments | $2,870 | $2,775 | $2,965 |
Browse Top Apartments in Peninsula
See all Apartments in PeninsulaExplore Peninsula
Peninsula, MI Local Guide
- Nearby Cities
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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 Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Edge 72 | Traveler | 877 Sq Ft | $1,687 |
| Legends Morgan Farms | Mission | 869 Sq Ft | $1,874 |
| Marengo TC | Morello | 776 Sq Ft | $1,659 |
| Chelsea Park West | Arcadia Bay | 746 Sq Ft | $1,736 |
| Bayview of Traverse City | 1 Bedroom, 1 Bath Apartment | 685 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 Listing | Model Name | Priced From |
|---|---|---|
| Riverview Terrace | 1 Bedroom R | $50 |
| Oak Terrace | 1 BEDROOM | $796 |
| Marengo TC | Morello | $1,659 |
| Edge 72 | Traveler | $1,687 |
| Bayview of Traverse City | 1 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Peninsula, MI
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

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.

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.

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.

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.