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1 Bed - $650-34%
2 Beds - $1,0300%
Last updated 10/6/2022

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Overview of Petoskey

Petoskey, Mich., is a city that encompasses 6.2 square miles of land and stretches across eight miles of the Lake Michigan shoreline. In 2010, the city had a population of 5,670 residents, the U.S. Census Bureau states. Roughly one-quarter of Petoskey's territory is tax-exempt, which is just one of the reasons new businesses and residents come to this city.

The Petoskey apartments for rent provide a number of opportunities to residents. This city is home to a state park and a marina, and is located approximately 293 miles north of Detroit, 306 miles northeast of Milwaukee and 169 miles north of Saginaw.

Living in Petoskey, MI

Petoskey's first inhabitants were the Odawa Indians. The region was named in honor of Petosega, and the city's name is an Indian term that means "where the light shines through the clouds." In the 19th century, the Indian establishment was eliminated by the federal government, which made the area accessible to settlers.

Those who seek apartments for rent in Petoskey, Mich., might be encouraged by data from the U.S. Census Bureau. Between 2006 and 2010, 33 percent of this city's residents age 25 and older had bachelor's degrees. This figure is 8 percent higher than the state's average.

Meanwhile, the percentage of Petoskey residents age 25 and older who were high school graduates was greater than that of the state from 2006 to 2010. During this time frame, 92.4 percent of these residents were high school graduates, while the state's average was 88 percent.

Petoskey Work and Study

The Public Schools of Petoskey district encompasses the elementary, middle and high schools in this city. This school system features five elementary schools, one middle school and one high school. All of the district's kindergarten through grade 8 schools received a "B" on the state's report cards during the 2011-2012 school year.

North Central Michigan College is a community college with a main campus based in Petoskey. This school features applied science programs that focus on arts and communications, business administration, health sciences/allied health, human services/social services, information technology/engineering and natural sciences.

Lake Superior State University, which is also in Petoskey, features four colleges, one school and a wide range of educational programs. This university offers bachelor's degrees in subjects such as accounting, conservation biology, parks and recreation, prelaw and social science, along with associate's, master's and post-baccalaureate programs, certification courses and minors.

Rentals in Petoskey, MI and Cost of Living

Many rentals in Petoskey are priced below the national average. According to City-Data.com, the median gross rent in Petoskey was $589.

Petoskey Attractions and Special Events

The Odawa Casino Resort is one of several popular attractions in Petoskey. This entertainment destination features a variety of restaurants - everything from gourmet to casual - such as Sage and the Waas-No-De Buffet. The casino has more than 1,300 slots that gamblers are sure to love, while other visitors can explore the venue's gift shops, see musical performances and hang out in the Rendezvous Lounge.

Art enthusiasts will enjoy the Northern Michigan Artists Market that gives visitors the chance to buy, collect and sell local artwork. The market has been a Petoskey staple since October 2003, and features works and greeting cards that can be purchased for as low as $2.

Petoskey Rocks! is a downtown tradition on Friday nights during the summer. Weekly events like Rock! the Promenade and Rock Your Community allow residents to come together, have fun and enjoy the summer weather. 

If you are looking for an apartment for rent or a house rental in Petoskey, Mich., search for rental properties at Rent.com®.

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