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$1,799 - $3,3021 to 2 Bedroom Apartments Available Now
West End Lofts
309 W Front StTraverse City, MI 49684
Cheap Apartments for Rent in the Downtown Traverse City Neighborhood of Traverse City, MI from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Traverse City area of Traverse City.
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$1,200 - $1,8751 to 2 Bedroom Apartments Available Now
Lake Pointe Village
1646 Maple Ridge WayTraverse City, MI 49686
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Rent Specials
$1,120 - $1,7551 to 2 Bedroom Apartments Available Nov 1
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
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$861 - $1,4291 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
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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.
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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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Showing Results 1-13, Page 1 of 1
Downtown Traverse City, 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 Downtown Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Traverse City 1 Bedroom Apartments | $1,629 | $694 | $2,474 |
| Downtown Traverse City 2 Bedroom Apartments | $2,140 | $818 | $3,302 |
| Downtown Traverse City 3 Bedroom Apartments | $1,596 | $1,157 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 13 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
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Traverse City Apartments for Rent
The cheapest available apartment rental in the Downtown Traverse City area of Traverse City, MI is a 1 Bed unit found at Parkview Apartments priced from $694. Boardwalk Suites and Residences by Kasa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Downtown Traverse City apartments for rent in Traverse City, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Boardwalk Suites and Residences by Kasa | 1 Bed, 1 bath | 1BR,1BA | $1,300 |
| Annika Place | Two Bedroom | 2BR,1BA | $1,431 |
| Lake Pointe Village | Driftwood | 2BR,2BA | $1,545 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1,648 |
Best Value Apartments for Rent in Downtown Traverse City, MI
As of October 30, 2025 the best value apartment in the Downtown Traverse City area is the $1.46 price per square foot 917 S Division St Model at 917 S Division St, Unit C in the in the Downtown Traverse City neighborhood starting from $1,900. The second greatest value Downtown Traverse City apartment is the Driftwood Model at Lake Pointe Village starting at $1,545 with a $1.61 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. |
|---|---|---|---|
| 917 S Division St, Unit C | 917 S Division St | 3BR,1.5BA | $1.46 |
| Lake Pointe Village | Driftwood | 2BR,2BA | $1.61 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.90 |
| West End Lofts | A1 - Courtyard View | 1BR,1BA | $2.69 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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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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
4.0Pet Friendly
Getting Around the Downtown Traverse City Neighborhood in Traverse City, MI
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
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 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 $694 at Parkview Apartments.
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 $818 at Parkview Apartments.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.