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Apartments for Rent in Traverse City, MI

Showing 11 rentals in Traverse City, then 1 more within 25 miles, nearest first.

1-12 of 12 rentals

Apartment for rent at 1019 Forest St #4, Traverse City, MI 49686

1/18

Featured

Managed by Rental Management One

$1,650

Apartment1 Bed1 Bath600 ft²

1019 Forest St #4

Traverse City, MI 49686

This 1-bedroom apartment offers easy, low-maintenance living in a highly convenient Traverse City location. Situated along a main route into town, this unit makes daily life simple, whether you're commuting, running errands, or heading downtown, everything you need is just minutes away. Newly updated with clean, simple, and functional layout with fresh paint and a modern feel. Utilities are $300/month and are included in the $1650/month advertised rent. This makes for a straightforward, all-in-one monthly payment and is a great option for anyone looking for a clean, easy-to-manage place to live with everything bundled and convenient. RMO is lease agent only. Owner is manager.

Condo for rent at 124 Beech St #203, Traverse City, MI 49684

1/10

Managed by Northland Property Management

$1,350

Condo1 Bed1 Bath507 ft²

124 Beech St #203

Traverse City, MI 49684

Enjoy easy downtown living in this beautifully maintained 1-bedroom, 1-bath condo. Located on the second floor of a secure, elevator-equipped building, this inviting home features an updated sliding glass door that opens to a private balcony-perfect for morning coffee or relaxing evenings. Conveniently located near the hospital, shopping, dining, and all that downtown Traverse City has to offer, this condo also includes off-street parking, on-site laundry, and a private storage closet. If you're looking for comfort, convenience, and a location that puts everything within reach, this condo checks all the boxes. Tenant pays: electricity, and wifi/cable.

Apartment for rent at 286 Astro Dr, Traverse City, MI 49685

1/10

Managed by Northland Property Management

$1,975

Apartment2 Beds1 Bath1,000 ft²

286 Astro Dr

Traverse City, MI 49685

Looking for a place that's comfortable, convenient, and easy to make your own? This charming 2-bedroom, 1-bath duplex, located just off US-31, could be the perfect fit. The best part? You have options. Rent it fully furnished, go completely unfurnished, or pick and choose the furnishings you'd like to keep. Make the space work for you and settle in without the hassle. The home also comes with plenty of conveniences included. Gas heat, lawn care, laundry, snow removal, and garbage are all taken care of, giving you more time to simply enjoy your home.

Apartment for rent at 1550 Veterans Dr, Traverse City, MI 49684

1/10

Managed by Northland Property Management

$1,600

Apartment2 Beds1 Bath

1550 Veterans Dr

Traverse City, MI 49684

Unit 1-2bd 1ba. Unit 2- 1bd/1ba. Unit 3-12-2bd/1ba. Amenities: Great Location, Stove/Oven, Location Location Location l, Gas Heat, Snow Removal & Dishwashser.

1/10

Managed by Northland Property Management

$2,275

Condo2 Beds1.5 Baths1,140 ft²

1542 Simsbury St

Traverse City, MI 49684

Located within the highly desirable Premier Place II Condominiums, this exceptional offering combines refined interiors with outstanding community amenities, including direct access to the scenic Boardman Lake. Each residence includes a private, one-car detached garage, providing both convenience and additional storage. The interiors feature cohesive, contemporary finishes with a blend of durable vinyl plank flooring and plush carpeted areas. Smooth drywall walls and ceilings create a clean, polished aesthetic throughout. The kitchens are thoughtfully designed with generous space and quartz surface countertops, complemented by a full appliance package that includes an oven/range, refrigerator, dishwasher, microwave, and garbage disposal.

Apartment for rent at 284 Astro Dr, Traverse City, MI 49685

1/10

Featured

Managed by Northland Property Management

$1,975

Apartment2 Beds1 Bath1,000 ft²

284 Astro Dr

Traverse City, MI 49685

Welcome to this adorable 2-bedroom, 1-bath duplex conveniently located just off US-31. This charming home offers the perfect mix of comfort, convenience, and flexibility. Want it furnished? Great. Prefer to bring your own things? No problem. The home can be rented fully furnished or unfurnished, and you can pick and choose which furnishings you'd like to keep. Even better, gas heat, lawn care, laundry, snow removal, and garbage are all included, making everyday living easy and hassle-free. Outside, you'll find a large yard with a fire pit that's perfect for relaxing, entertaining, or enjoying a cozy evening outdoors.

Condo for rent at 1548 Simsbury St, Traverse City, MI 49684

1/10

Featured

Managed by Northland Property Management

$2,045 - $2,275

Condo1-2 Beds1-1.5 Baths749-1,140 ft²

1548 Simsbury St

Traverse City, MI 49684

1/9

Managed by Blue Dog Properties

$1,700

Apartment2 Beds1 Bath

10500 E Traverse Highway #1

Traverse City, MI 49684

Introducing this charming unit in Traverse City. Featuring spacious layouts, plenty of storage, large windows, and hardwood floors. Enjoy the large backyard, plenty of parking, and a great location with easy access to grocer, coffee shops, and all that downtown TC has to offer. Amenities: Range/Oven & Freezer. Heating: baseboard & forced air.

Apartment for rent at 5293 W Mobile Trail, Traverse City, MI 49685

1/10

New 1 day ago

Managed by Mitten Group Property Management

$1,400

Apartment2 Beds1 Bath884 ft²

5293 W Mobile Trail

Traverse City, MI 49685

5293 W Mobile Trail - Traverse City, MI. Enjoy the best of Northern Michigan living at 5293 W Mobile Trail. This home offers a comfortable residential setting just outside Traverse City, giving you the peace and space of a quieter neighborhood while keeping you within convenient reach of everything the Traverse City area has to offer. Property Highlights: Convenient Traverse City-area location. Quiet residential setting. Easy access to downtown Traverse City. Ample space for comfortable living. Great opportunity for a long-term rental. Lease Terms: Rent: $1400/month. Security Deposit: $1650. Lease: 12 months. Pets: permitted with fee. Available: September 11.

Apartment for rent at 155 Garland St #207, Traverse City, MI 49684

1/10

New 9 hours ago

Listed by Innovo

$2,490

Apartment2 Beds1 Bath1,035 ft²

155 Garland St #207

Traverse City, MI 49684

In the heart of downtown Traverse City, Breakwater's apartments offer incredible views of Grand Traverse Bay and downtown TC. Our beautiful units are just steps away from bustling parks, the beach, marina, destination events, shops and iconic food and drink establishments. Our residents appreciate stunning views of the Grand Traverse Bay, modern and spacious units with high-end appliances, and an efficient layout. We are pet-friendly, with amenities such as dog wash stations and a fenced dog run. Covered, secure gated parking, responsive management, and friendly neighbors further enhance the living experience.

1/10

New 1 day ago

Managed by Michael Goodall

$2,500

Apartment1 Bed1 Bath950 ft²

420 S Division St #B

Traverse City, MI 49684

Main level walkout unit on a 1 acre lot right in the heart of Downtown Traverse City. The property abuts to several acres of protected green space with Kids Creek flowing nearby. Beautifully maintained lawn and landscaping to include a fully functional outdoor kitchen with a wood fired pizza oven, wolf grill, and refrigerator. Walking distance to Downtown not even 1/4 mile away to all shops, restaurants, the bay and Munson Hospital. Spend a day on the back deck and watch the wildlife. Amenities: Freezer, Range/Oven, Accessibility Features, Near Parks & Designated Space. Rent includes recycling. Heating: baseboard.

More rentals near Traverse City

Condo for rent at 5712 Shanty Creek Rd #694, Bellaire, MI 49615

1/9

New 10 hours ago

Managed by Nicole Johnson Wurm

$1,100

Condo1 Bed1 Bath400 ft²

5712 Shanty Creek Rd #694

Bellaire, MI 49615

This cozy studio condo in Bellaire, MI, features 1 bathroom, refrigerator, central air, carpet flooring, and a fireplace. Perfectly located for year-round adventure, enjoy world-class skiing in winter, and pristine golf courses in summer. Explore nearby sparkling lakes for boating and swimming or unwind with a wine tasting tour at the region's finest wineries. There is access to the beach club with a swimming pool and pickle ball court. Rent includes garbage, sewage, and water. Small dog or cat are welcome. Amenities: Near Parks.

24.3 miles away

Viewing 1-12 of 12 rentals in and near Traverse City

What to Know About

Life in Traverse City & Beyond

Traverse City 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

Traverse City, MI

View full report

As of October 2026, Traverse City's rental market is stable, with rentals spending about 31 days on the market, about the same as in Michigan (30), and rents up 1.8% over the past year. Traverse City's average rent is 36.6% ($567) higher than the Michigan average of $1,548 and 1.6% ($33) higher than the U.S. average of $2,082.

Average Rent

$2,115

Monthly ChangeMonth Over Month Change

0.72% ($15)

Yearly ChangeYear Over Year Change

1.8% ($38)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,418	0.22% ($3)	0.2% ($3)
2 Beds	$1,860	0.29% ($5)	0.2% ($4)
3 Beds	$2,425	0.26% ($6)	3.7% ($86)

Nearby Cities	Average Rent	Avg. Rent vs. Traverse CityAverage Rent vs. Traverse City	Days on Market
Grawn	$1,527	27.8% ($588)	30 days
Lake Ann	$1,703	19.5% ($412)	30 days
Suttons Bay	$2,006	5.2% ($109)	30 days
Elk Rapids	$1,931	8.7% ($184)	30 days
Rapid City	$1,557	26.4% ($558)	30 days

Based on rentals advertised on RentalSource in and around Traverse City.

Frequently Asked Questions

Traverse City Rental Market FAQs

Explore rental prices, market conditions, and affordability in Traverse City, MI.

What is the average rent in Traverse City, MI?

The average rent in Traverse City, MI is about $2,115 per month.

What is the average rent for different bedroom sizes in Traverse City, MI?

In Traverse City, the average rent is about $1,418 per month for a 1-bedroom apartment, about $1,860 for a 2-bedroom apartment and about $2,425 for a 3-bedroom apartment.

How do rent prices in Traverse City, MI compare with the national average?

The average rent in Traverse City is 1.6% ($33) higher than the national average of $2,082 per month.

How competitive is the rental market in Traverse City, MI?

The rental market in Traverse City, MI is currently stable, with rentals spending about 31 days on the market, about the same as in Michigan (30), and rents up 1.8% over the past year.

Can I afford to rent an apartment in Traverse City, MI?

Based on the current averages, a household would need an annual income of about $74,400 to comfortably afford a 2-bedroom apartment in Traverse City.

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