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Traverse City, MI Houses For Rent

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62 Properties

Average Rent in Traverse City, MI

Avg. RentAnnual Change
Traverse City Studio - $1,260-
Traverse City 1 Bed - $1,200-
Traverse City 2 Beds - $2,670-
Last updated 6/13/2024

Local Guide

See what Traverse City, MI has to offer.

Local Reviews

It is close to grocery stores and restaurants. There is lots of parking and the utilities are included in the rent.

Small town, country atmosphere. Decent sized yards. Nice park. Paved sidewalks. Good community. Business section growing

There's some nice forest trails for running,hiking, biking. The view is amazing, it's close to my school, town, and restaurants. And it's next to the water

Demographics

Education

High School

25%

Associate's

32%

Bachelor's

29%

Master's

12%

Doctorate

2%

Family Size

2 people

54%

3 people

20%

4 people

19%

5 people

3%

6+ people

4%

Household Income

0-50k

45%

50-100k

30%

100-150k

14%

150-200k

4%

200k+

7%

Age

0-10

9%

10-20

12%

20-45

31%

45-65

26%

65+

22%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/13/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Traverse City, MI

In Traverse City, MI, as of 2024, the average rent for apartments ranges from $1,200 to $2,670. Specifically, the average rent for a studio apartment in Traverse City, MI is $1,260. For those seeking a 1-bedroom apartments, the average rent is $1,200. And for a 2-bedroom apartment, renters can expect to pay an average of $2,670.

Annual Rent Change Over the Past 12 Months

Studio

-

Changed from $1,260 to $1,260
1 Bed

-

Changed from $1,200 to $1,200
2 Beds

-

Changed from $2,670 to $2,670
Last updated 6/13/2024

Rent Ranges

Apartment PricesProportion
0%
3%
17%
40%
40%

Compare Other Cities

City1 Bed Avg RentAnnual Change
Elk Rapids$1,495--
East Jordan$995--
Benzonia$950--
Manistee$650--
City2 Beds Avg RentAnnual Change
Benzonia$1,450--
Interlochen$1,100--
Manistee$1,025-16%
Kalkaska$900--
Cadillac$7760%

Compare Neighborhoods

Transportation

Commute Time

0-15 Mins

54%

15-30 Mins

31%

30-40 Mins

7%

40-60 Mins

3%

60+ Mins

4%

Transportation Scores

Percentage: 3838

Walk Score®

Walkable

Yes

Say 5 of 10 renters

Has Sidewalks

No

Say 7 of 10 renters

Percentage: 5555

Bike Score®

Bike Friendly

Yes

Say 8 of 10 renters

Area Amenities

Top Score

Health and Fitness

2.5/5 stars based on undefined reviews

Cardio is hale and hardy in Traverse City.

  1. A high number of gyms per resident
  2. 65% more gyms than average
  3. 14% more gyms than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? Traverse City doesn't deserve many treats.

  1. A high number of pet facilities per resident
  2. 60% more pet facilities than average
  3. A standard number of pet facilities compared to areas of a similar size

Fine Arts

2.5/5 stars based on undefined reviews

It's just about fine for fine art. An average score.

  1. A high number of fine art centers per resident
  2. 98% more fine art centers than average
  3. Significantly more fine art centers than areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. A high number of grocery stores per resident
  2. 29% fewer grocery stores than average
  3. A standard number of grocery stores compared to areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Traverse City serves up a dining scene that's only lukewarm.

  1. A high number of restaurants per resident
  2. An average number of restaurants
  3. A standard number of restaurants compared to areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Traverse City.

  1. A high number of coffee shops per resident
  2. 6% more coffee shops than average
  3. 27% fewer coffee shops than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Traverse City is running dry.

  1. A high number of bars and clubs per resident
  2. 94% more bars and clubs than average
  3. 19% fewer bars and clubs than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Traverse City.

  1. A high number of parks per resident
  2. 15% more parks than average
  3. 35% fewer parks than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Traverse City.

  1. A high number of shops per resident
  2. 28% fewer shops than average
  3. 44% fewer shops than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Traverse City's access to medical care.

  1. A high number of medical facilities per resident
  2. 25% more medical facilities than average
  3. 9% fewer medical facilities than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. 62% fewer gas stations than average
  3. 66% fewer gas stations than areas of a similar size

Area Features

Noise Late At Night

No

Say 10 of 10 renters

Area Has Litter

No

Say 9 of 10 renters

Near Grocery Stores

Yes

Say 9 of 10 renters

Area Has Potholes

No

Say 9 of 10 renters

Good Place To Raise A Family

Yes

Say 9 of 10 renters

Pet Friendly

Yes

Say 8 of 10 renters

Busy Streets

No

Say 7 of 10 renters

Area Has Kids Play Outside

Yes

Say 7 of 10 renters

Mostly Older Buildings

No

Say 7 of 10 renters

Quiet Area

Yes

Say 7 of 10 renters

Safe For Families

Yes

Say 7 of 10 renters

Near Downtown

Yes

Say 6 of 10 renters

Nearby Parks

Yes

Say 6 of 10 renters

Maintained Yards

Yes

Say 5 of 10 renters

Near Highways

No

Say 6 of 10 renters

Near Schools

No

Say 6 of 10 renters

Tree Lined Streets

No

Say 6 of 10 renters

Nice Views

No

Say 8 of 10 renters

Well Lit

No

Say 8 of 10 renters

Mostly Newer Buildings

No

Say 9 of 10 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Traverse City

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Traverse City, MI

Traverse City Neighborhood Guides

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Neighborhood1 Bed Price2 Beds Price
Downtown Traverse City$1,927$2,690