711 Fern St
Traverse CityMI49686
Cheap Homes for Rent in Downtown Traverse City Neighborhood of Traverse City, MI from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Traverse City area of Traverse City.
100 Hope St
Traverse CityMI49686
3358 Rennie St
Traverse CityMI49684
1021 Barlow St
Traverse CityMI49686
309 Rose St
Traverse CityMI49686
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.
1542 Simsbury St
Traverse CityMI49686
414 Rose St
Traverse CityMI49686
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615 W Eleventh St
Traverse CityMI49684
1024 W Front St
Traverse CityMI49684
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.
Showing Results 1-10, 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 a home in Downtown Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Traverse City 2 Bedroom Homes for Rent | $2,090 | $1,800 | $2,600 |
| Downtown Traverse City 3 Bedroom Homes for Rent | $2,560 | $1,450 | $4,500 |
| Downtown Traverse City 4 Bedroom Homes for Rent | $3,531 | $2,100 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Traverse City Neighborhood of Traverse City, MI.
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Downtown Traverse City, Traverse City, MI Local Guide
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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 |
| Harbour Ridge Apartments | One Bed One Bath | 1BR,1BA | $1,430 |
Best Value Apartments for Rent in Downtown Traverse City, MI
As of December 14, 2025 the best value apartment in the Downtown Traverse City area is the $2.86 price per square foot B2 Model at West End Lofts in the in the Downtown Traverse City neighborhood starting from $3,087. The second greatest value Downtown Traverse City apartment is the Two Bedroom Model at Annika Place starting at $1,431 with a $1.56 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. |
|---|---|---|---|
| West End Lofts | B2 | 2BR,2BA | $2.86 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
| Harbour Ridge Apartments | One Bed One Bath | 1BR,1BA | $2.36 |
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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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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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
2.5Pet Friendly
Frequently Asked Questions about Downtown Traverse City
What type of rentals are currently available in Downtown Traverse City?
There are currently 38 Apartments for Rent in Downtown Traverse City, MI with pricing that ranges from $694 to $3,302. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Traverse City ranging from $1,450 to $5,500.
What is the current price range for Rental Homes in Downtown Traverse City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Traverse City ranges from $1,450 to $5,500 with an average monthly rent of $2,526.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.