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Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
Cheap Apartments for Rent in Traverse City, MI from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Traverse City.
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from $1,083Studio Apartments Available Now
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
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from $1,1201 to 2 Bedroom Apartments Contact Us For Availability
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
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from $1,1501 to 2 Bedroom Apartments Contact Us For Availability
Lake Pointe Village
1646 Maple Ridge WayTraverse City, MI 49686
3363 Mahoney Dr
Traverse CityMI49696
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
3011 N Garfield Rd
Traverse CityMI49686
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from $1,2001 to 2 Bedroom Apartments Contact Us For Availability
Pine Hills and Cedar Hills Apartments
6444 Cedar RunTraverse City, MI 49684
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17037 Easy Way
HerseyMI49639
17055 Easy Way
HerseyMI49639
295 5th St
ManisteeMI49660
314 E Pine St
CadillacMI49601
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Traverse City, MI Local Guide
Mission Peninsula by Jim Sorbie is licensed under CC BY 2.0
How much does it cost to rent an apartment in Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Traverse City Studio Apartments | $1,216 | $1,083 | $1,275 |
| Cheap Traverse City 1 Bedroom Apartments | $1,624 | $861 | $2,560 |
| Cheap Traverse City 2 Bedroom Apartments | $2,087 | $1,029 | $3,800 |
| Cheap Traverse City 3 Bedroom Apartments | $2,259 | $1,157 | $3,149 |
Browse Top Apartments in Traverse City
See all Apartments in Traverse CityExplore Traverse City
Traverse City, MI Local Guide
- Traverse City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Traverse City, MI
Pricing Updated: 06/28/2025Current apartment rentals in the Traverse City, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Traverse City Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Traverse City | $1,585 | $861 | 2 |
Cheapest Available Traverse City Apartments for Rent
The cheapest available apartment rental in Traverse City, MI is a Studio unit found at The Flats at Carriage Commons priced from $1,083. Brookside Commons has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,227. Here is today’s list of the most affordable Traverse City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1BA | $1,600 |
| Ruth Park | Three Bedroom | 3BR,2BA | $1,800 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $1,806 |
Best Value Apartments for Rent in Traverse City, MI
As of June 28, 2025 the best value apartment in the Traverse City area is the $1.61 price per square foot Three Bedroom Model at Ruth Park in the in the Downtown Traverse City neighborhood starting from $1,800. The second greatest value Traverse City apartment is the Two Bedroom Model at Brookside Commons starting at $1,227 with a $1.20 price per square foot . Here is today’s list of the best values for Traverse City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $2.35 |
| West End Lofts | A1 Furnished | 1BR,1BA | $3.68 |
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Best Local Schools in Traverse City, MI
Tcaps Montessori School
Traverse City Area Public Schools
Public School - Grades PK-8 (307)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Traverse City, MI Rentals by Map
See the most popular apartments and homes in Traverse City, MI
Traverse City, MI Apartments MapTraverse City, MI Rental Homes MapGetting Around Traverse City, MI
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Traverse City Apartments
How much is rent for a Cheap One Bedroom Traverse City Apartment?
The lowest price for a Cheap One Bedroom Traverse City Apartment is $1,806 at Legends Morgan Farms.
What is the lowest price for a Cheap Two Bedroom Traverse City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Traverse City is starting from $1,227 at Brookside Commons.
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.