853 E Front St
Traverse CityMI49686
Cheap Homes for Rent near Petoskey, MI from $950 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Petoskey.
825 Foote Rd
CheboyganMI49721
7621 Thomas St, Unit 1
7621 Thomas St
Central LakeMI49622
124 Beech St
Traverse CityMI49684
1900 Apartment Dr
Traverse CityMI49696
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1600 Crescent St
Traverse CityMI49686
405 Huron St
Traverse CityMI49686
2589 Pear St
AlansonMI49706
2565 Pear St
AlansonMI49706
560 White Pine Dr, Unit 560B
560 White Pine Dr
PellstonMI49769
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.
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 | $1,562 | $1,150 | $1,900 |
| Petoskey 3 Bedroom Homes for Rent | $2,372 | $1,200 | $3,850 |
| Petoskey 4 Bedroom Homes for Rent | $3,066 | $2,000 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Petoskey, MI Local Guide
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Best Value Homes for Rent in Petoskey, MI and Nearby
As of September 19, 2026 the best value rental home in the Petoskey area is the $1.38 price per square foot 3317 Mapel St S Model at 3317 Mapel St S in the Downtown Traverse City neighborhood starting from $2,195. The second greatest value Petoskey rental home is the 207 Burns St Model at 207 Burns St starting at $1,950 with a $1.39 price per square foot. Here is today’s list of the best values for Petoskey homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3317 Mapel St S | 3317 Mapel St S | 3BR, 2BA | $1.38 |
| 207 Burns St | 207 Burns St | 3BR, 2BA | $1.39 |
| 560 White Pine Dr, Unit 560B | 560 White Pine Dr | 2BR, 2BA | $1.28 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Best Local Schools in Petoskey, MI
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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 Petoskey, MI
Frequently Asked Questions about Petoskey
What type of rentals are currently available in Petoskey?
There are currently 71 Apartments for Rent in Petoskey, MI with pricing that ranges from $498 to $3,571. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petoskey ranging from $950 to $4,500.
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 $950 to $4,500 with an average monthly rent of $2,130.
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 $520 to $3,571, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,775.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.