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$694 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
Cheap Apartments for Rent in the Downtown Traverse City Neighborhood of Traverse City, MI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Traverse City area of Traverse City.
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$774 - $1,1561 Bedroom Apartments Contact Us For Availability
Riverview Terrace
150 Pine StTraverse City, MI 49684
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$857 - $1,5721 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
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$1,160 - $1,8801 to 2 Bedroom Apartments Available Jul 1
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
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$1,255 - $2,0101 to 2 Bedroom Apartments Available Sep 25
Lake Pointe Village
1646 Maple Ridge WayTraverse City, MI 49686
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$1,495 - $1,5101 to 2 Bedroom Apartments Available Jul 3
Annika Place
947 S Garfield AveTraverse City, MI 49686
1530 Veterans Dr
Traverse CityMI49684
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 to 4 Bedroom Apartments
Boardman Lake
2960 Feiger LnTraverse City, MI 49684
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1 to 4 Bedroom Apartments
Tradewinds Terrace
851 Fitzhugh DrTraverse City, MI 49684
124 Beech St
Traverse CityMI49684
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Studio to 2 Bedroom Apartments
Trailside45 Apartments
630 S Garfield AveTraverse City, MI 49686
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1 to 2 Bedroom Apartments
The Tides
1510 Veterans DrTraverse City, MI 49684
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1 to 2 Bedroom Apartments
TC Lofts
340 E State StTraverse City, MI 49684
621 Riverine Dr
Traverse CityMI49684
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-14, Page 1 of 1
Downtown Traverse City, Traverse City, MI Local Guide
How much does it cost to rent an apartment in Downtown Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Traverse City 1 Bedroom Apartments | $1,693 | $694 | $3,600 |
| Downtown Traverse City 2 Bedroom Apartments | $2,113 | $818 | $3,348 |
| Downtown Traverse City 3 Bedroom Apartments | $2,069 | $1,154 | $2,775 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Traverse City Neighborhood of Traverse City, MI.
See all Apartments in Traverse CityExplore Traverse City
Downtown Traverse City, Traverse City, MI Local Guide
- Nearby Traverse City neighborhoods
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Cheapest Available Downtown Traverse City Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West End Lofts | A2 | 1BR,1BA | $1,949 |
| Boardwalk Suites and Residences by Kasa | 1 Bed, 1 bath | 1BR,1BA | $3,500 |
Best Value Apartments for Rent in Downtown Traverse City, MI
As of June 21, 2026 the best value apartment in the Downtown Traverse City area is the $2.19 price per square foot 167 E Seventeenth St Model at 167 E Seventeenth St, Unit A in the in the Downtown Traverse City neighborhood starting from $1,750. The second greatest value Downtown Traverse City apartment is the A4 Model at West End Lofts starting at $2,327 with a $3.55 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Downtown Traverse City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 167 E Seventeenth St, Unit A | 167 E Seventeenth St | 2BR,1BA | $2.19 |
| West End Lofts | A4 | 1BR,1BA | $3.55 |
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.
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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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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown Traverse City, Traverse City, MI
Ranked #1
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Traverse City Apartments
How much is rent for a Cheap One Bedroom Downtown Traverse City Apartment?
The lowest price for a Cheap One Bedroom Downtown Traverse City Apartment is $1,949 at West End Lofts.
What is the lowest price for a Cheap Two Bedroom Downtown Traverse City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Traverse City is starting from $2,850 at West End Lofts.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.