Homes for Rent in Grand Traverse County, MI

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What to Know About

Life in Grand Traverse County & Beyond

Grand Traverse County shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Grand Traverse County, MI

As of June 2025, Grand Traverse County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Grand Traverse County's average rent is 22.0% ($303) higher than the Michigan average of $1,376 and 5.9% ($105) lower than the U.S. average of $1,784.

Average Rent
$1,679
Monthly ChangeMonth Over Month Change
Increased5.3% ($84)
Yearly ChangeYear Over Year Change
Decreased12.7% ($244)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,481 Decreased6.9% ($109) Decreased5.9% ($93)
2 Beds $1,974 Decreased8.5% ($183) Decreased0.8% ($15)
3 Beds $2,521 Decreased5.6% ($150) Decreased4.5% ($118)
Cities within Grand Traverse County Average Rent Avg. Rent vs. Grand TraverseAverage Rent vs. Grand Traverse County Avg. Days on MarketAverage Days on Market
Traverse City $1,679 No change 37 days
Interlochen $1,353 Decreased19.4% ($326) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Grand Traverse County Rental Market FAQs

Explore rental prices, market trends, and availability in Grand Traverse County, MI.

The average rent in Grand Traverse County, MI is $1,679 per month.
Homes in Grand Traverse County typically rent for between $1,037 and $3,277 per month, with an average of $1,679 per month.
In Grand Traverse County, the average rent for a 1-bedroom home is $1,481 per month, for a 2-bedroom home, $1,974 per month, and a 3-bedroom home is $2,521 per month.
The average rent in Grand Traverse County is 5.9% ($105) lower than the national average of $1,784 per month.
The average rent in Grand Traverse County has increased by 5.3% ($84) in the last month and decreased by 12.7% ($244) over the past year.
The rental market in Grand Traverse County, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Grand Traverse County, MI, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 19 rental properties available in Grand Traverse County, MI.
Based on the current averages, a household would need an annual income of $78,960 to comfortably afford a 2-bedroom home in Grand Traverse County.
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