614 W Mitchell St, Unit UnitA
614 W Mitchell St
GaylordMI49735
Cheap Homes for Rent in Petoskey, MI from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Petoskey.
4210 Mitchell Creek Dr, Unit 6
4210 Mitchell Creek Dr
Traverse CityMI49686
10964 N Mackinaw Hwy
Carp LakeMI49718
262 N Townline Rd
GaylordMI49735
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.
560 White Pine Dr, Unit 560B
560 White Pine Dr
PellstonMI49769
290 W South Airport Rd
Traverse CityMI49686
3814 Maid Marian Ln
Traverse CityMI49686
947 S Richter Rd
Suttons BayMI49682
601 Riverine Dr
Traverse CityMI49684
630 Webster St
Traverse CityMI49686
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.
Showing Results 1-10, Page 1 of 1
Petoskey, MI Local Guide
Bayfront Park by Scottb211 is licensed under CC BY 2.0
How much does it cost to rent a home in Petoskey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petoskey 2 Bedroom Homes for Rent | $2,118 | $1,650 | $3,000 |
| Petoskey 3 Bedroom Homes for Rent | $2,334 | $1,600 | $2,725 |
| Petoskey 4 Bedroom Homes for Rent | $4,075 | $2,800 | $5,500 |
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Petoskey, MI Local Guide
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Cheapest Available Petoskey Apartments for Rent and Nearby
The cheapest available apartment rental in Petoskey, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $476. Here is today’s list of the most affordable Petoskey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ruth Park | Two Bedroom | 2BR,1BA | $454 |
| Annika Place | Two Bedroom | 2BR,1BA | $476 |
| Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1,028 |
Best Value Apartments for Rent in Petoskey, MI and Nearby
As of July 24, 2025 the best value apartment in the Petoskey area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Petoskey apartment is the Three Bedroom Model at Ruth Park starting at $1,800 with a $1.61 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Petoskey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| Annika Place | Two Bedroom | 2BR,1BA | $0.52 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $2.38 |
| Chelsea Park West | Arcadia Bay | 1BR,1BA | $2.28 |
| Bayview of Traverse City | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $2.33 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1.62 |
| The Flats at Carriage Commons | Studio | Studio ,1BA | $2.19 |
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Frequently Asked Questions about Petoskey
What type of rentals are currently available in Petoskey?
There are currently 59 Apartments for Rent in Petoskey, MI with pricing that ranges from $775 to $3,800. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petoskey ranging from $1,100 to $5,500.
What is the current price range for Rental Homes in Petoskey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petoskey ranges from $1,100 to $5,500 with an average monthly rent of $2,494.
How much are larger Three and Four Bedroom Rentals in Petoskey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Petoskey range from $1,033 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,725. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,608.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.