Cheap Low Income Apartments for Rent in Traverse City, MI from $400 (1 Rental)
Cheap Apartments in Traverse City.
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting
Traverse City, MI Local Guide

How much does it cost to rent an apartment in Traverse City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Traverse City Studio Apartments | $1,275 | $1,275 | $1,275 |
Traverse City 1 Bedroom Apartments | $1,543 | $861 | $2,426 |
Traverse City 2 Bedroom Apartments | $2,033 | $1,120 | $3,800 |
Traverse City 3 Bedroom Apartments | $2,374 | $1,157 | $3,098 |
Explore Traverse City
Traverse City, MI Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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.
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
How much is rent for a Cheap One Bedroom Traverse City Apartment?
The lowest price for a Cheap One Bedroom Traverse City Apartment is $1,200 at Garfield Oaks.
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 $405 at Ruth Park.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.