314 E Pine St
CadillacMI49601
Cheap Homes for Rent in Traverse City, MI from $900 (15 Rentals)
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$1,0851 Bedroom Apartments Available Now
3761 N Four Mile Rd
3761 N Four Mile RdTraverse City, MI 49686
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.
2276 S M-37, Unit Unit B
2276 S M-37
Traverse CityMI49685
282 W South Airport Rd
Traverse CityMI49686
3921 Emily Ln
Traverse CityMI49686
65 Greer Dr
Traverse CityMI49685
3765 Emily Ln
Traverse CityMI49686
421 E State St, Unit 4
421 E State St
Traverse CityMI49686
53 Greer Dr
Traverse CityMI49685
203 N Cedar 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.
3814 Maid Marian Ln
Traverse CityMI49686
9237 Shorter Lake Rd
Traverse CityMI49684
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.
13766 S W Bay Shore Dr
Traverse CityMI49684
810 Cottageview Dr
Traverse CityMI49684
8613 E Fouch Rd
Traverse CityMI49684
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 a home in Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traverse City 2 Bedroom Homes for Rent | $1,930 | $900 | $3,100 |
| Traverse City 3 Bedroom Homes for Rent | $2,699 | $1,800 | $5,000 |
| Traverse City 4 Bedroom Homes for Rent | $3,783 | $2,200 | $5,700 |
| Traverse City 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Traverse City
Explore 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: 09/16/2025Current 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 | $1,900 | $694 | 9 |
Cheapest Available Traverse City Apartments for Rent
The cheapest available apartment rental in Traverse City, MI is a 1 Bed unit found at Parkview Apartments in the Downtown Traverse City neighborhood priced from $694. Bay Hill I in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,029. Here is today’s list of the most affordable Traverse City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Bay Hill I | 2C | 2BR,1BA | $1,029 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,200 |
| Garfield Oaks | One Bedroom | 1BR,1BA | $1,200 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Best Value Apartments for Rent in Traverse City, MI
As of September 16, 2025 the best value apartment in the Traverse City area is the $1.88 price per square foot 3 Bed 2 Bath Condo Model at Terrace Bluff Condominiums in the starting from $2,400. The second greatest value Traverse City apartment is the Longitude South Model at Ridge45 Apartments starting at $1,905 with a $1.72 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. |
|---|---|---|---|
| Terrace Bluff Condominiums | 3 Bed 2 Bath Condo | 3BR,2BA | $1.88 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.72 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| 917 S Division St, Unit A | 917 S Division St | 2BR,1BA | $1.90 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.46 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| The Flats at Carriage Commons | Two Bedroom | 2BR,2BA | $1.73 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.90 |
| Pine Hills and Cedar Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.87 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
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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
Frequently Asked Questions about Traverse City
What type of rentals are currently available in Traverse City?
There are currently 93 Apartments for Rent in Traverse City, MI with pricing that ranges from $694 to $3,900. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traverse City ranging from $900 to $5,700.
What is the current price range for Rental Homes in Traverse City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Traverse City ranges from $900 to $5,700 with an average monthly rent of $2,561.
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 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.
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.