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$861 - $1,4291 to 3 Bedroom Apartments Available Aug 16
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
Cheap Apartments for Rent in Traverse City, MI from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Traverse City.
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$1,081 - $1,577Studio to 2 Bedroom Apartments Available Now
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
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.
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Rent Specials
$1,120 - $1,7551 to 2 Bedroom Apartments Contact Us For Availability
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
853 E Front St, Unit Cottage #9
853 E Front St
Traverse CityMI49686
4210 Mitchell Creek Dr, Unit 6
4210 Mitchell Creek Dr
Traverse CityMI49686
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
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$1,200 - $1,9851 to 2 Bedroom Apartments Contact Us For Availability
Lake Pointe Village
1646 Maple Ridge WayTraverse City, MI 49686
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$1,200 - $1,4001 to 2 Bedroom Apartments Contact Us For Availability
Pine Hills and Cedar Hills Apartments
6444 Cedar RunTraverse City, MI 49684
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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314 E Pine St
CadillacMI49601
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
4251 3 Mile Rd
SearsMI49679
Showing Results 1-15, Page 1 of 1
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 | $1,561 | $1,083 | $3,000 |
| Cheap Traverse City 1 Bedroom Apartments | $1,608 | $861 | $2,800 |
| Cheap Traverse City 2 Bedroom Apartments | $2,035 | $1,120 | $4,900 |
| Cheap Traverse City 3 Bedroom Apartments | $2,404 | $1,157 | $3,360 |
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: 08/14/2025Current 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 | $3,500 | $1,150 | 11 |
Cheapest Available Traverse City Apartments for Rent
The cheapest available apartment rental in Traverse City, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. The Flats at Carriage Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,081. Here is today’s list of the most affordable Traverse City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ruth Park | Two Bedroom | 2BR,1BA | $454 |
| The Flats at Carriage Commons | One Bedroom | 1BR,1BA | $1,081 |
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
| Annika Place | One Bedroom | 1BR,1BA | $1,222 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Best Value Apartments for Rent in Traverse City, MI
As of August 14, 2025 the best value apartment in the Traverse City area is the $1.87 price per square foot Furnished Single Family Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,999. The second greatest value Traverse City apartment is the 516 Washington St Model at 516 Washington St, Unit 2 starting at $2,500 with a $2.08 price per square foot in the Downtown Traverse City neighborhood. 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. |
|---|---|---|---|
| Woodbury Estates - SINGLE FAMILY HOMES | Furnished Single Family | 3BR,2BA | $1.87 |
| 516 Washington St, Unit 2 | 516 Washington St | 2BR,1.5BA | $2.08 |
| Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
| 403 W Eleventh St, Unit B | 403 W Eleventh St | 2BR,1BA | $1.82 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| 4434 Manhattan W, Unit C | 4434 Manhattan W | 2BR,1BA | $1.56 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $1.86 |
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $2.40 |
| The Flats at Carriage Commons | Studio | Studio ,1BA | $2.19 |
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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
Getting 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 $1,081 at The Flats at Carriage Commons.
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 $454 at Ruth Park.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.