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$694 - $1,2951 to 2 Bedroom Apartments Available Now
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
Cheap Apartments for Rent in Traverse City, MI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Traverse City.
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$857 - $1,5721 to 3 Bedroom Apartments Available Dec 23
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
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$1,0001 Bedroom Apartments Available Now
Pine Hills and Cedar Hills Apartments
6444 Cedar RunTraverse City, MI 49684
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$1,120 - $1,7551 to 2 Bedroom Apartments Available Now
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
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$1,199 - $1,349Studio Apartments Available Now
Studio's at The Vic
461 Munson AveTraverse City, MI 49686
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
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$1,200 - $1,6501 to 2 Bedroom Apartments Available Now
Garfield Oaks
3011 Garfield Rd NTraverse 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.
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$1,200 - $2,2001 Bedroom Apartments Available Now
Boardwalk Suites and Residences by Kasa
232 East State StTraverse City, MI 49684
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Studio to 2 Bedroom Apartments
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
3846 N Four Mile Rd
Traverse CityMI49686
314 E Pine St
CadillacMI49601
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.
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Traverse City, MI Local Guide
Mission Peninsula by Jim Sorbie is licensed under CC BY 2.0
How much does it cost to rent an apartment in Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Traverse City Studio Apartments | $1,299 | $1,199 | $1,725 |
| Cheap Traverse City 1 Bedroom Apartments | $1,613 | $694 | $2,560 |
| Cheap Traverse City 2 Bedroom Apartments | $1,920 | $818 | $3,302 |
| Cheap Traverse City 3 Bedroom Apartments | $2,475 | $1,154 | $3,233 |
Browse Top Apartments in Traverse City
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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: 12/21/2025Current 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 | $3,262 | $1,450 | 15 |
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. Pine Hills and Cedar Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. 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 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,000 |
| Studio's at The Vic | King | Studio,1BA | $1,199 |
| Garfield Oaks | One Bed One Bath | 1BR,1BA | $1,200 |
| Boardwalk Suites and Residences by Kasa | 1 Bed, 1 bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Traverse City, MI
As of December 22, 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 Voyager Model at Edge 72 starting at $2,026 with a $1.75 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 |
| Edge 72 | Voyager | 2BR,2BA | $1.75 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.74 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Emerald Creek Apartments | The Harbor | 2BR,1BA | $1.88 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $1.85 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.43 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
Getting Around Traverse City, MI
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Traverse City Apartments
What is the Cheapest Studio apartment in Traverse City?
Currently the most affordable Cheap Studio Apartment in Traverse City is at Studio's at The Vic listed at $1,199.
How much is rent for a Cheap One Bedroom Traverse City Apartment?
The lowest price for a Cheap One Bedroom Traverse City Apartment is $694 at Parkview Apartments.
What is the lowest price for a Cheap Two Bedroom Traverse City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Traverse City is starting from $818 at Parkview Apartments.
What is the most affordable Traverse City Three Bedroom Apartment?
The best deal on a cheap Traverse City Three Bedroom Apartment rental is at Brookside Commons and starts from $1,485.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.