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Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
Cheap Apartments for Rent in the Downtown Traverse City Neighborhood of Traverse City, MI from $400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Traverse City area of Traverse City.
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from $1,0801 to 2 Bedroom Apartments Contact Us For Availability
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
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Downtown Traverse City, 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 Downtown Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Traverse City Studio Apartments | $1,275 | $1,275 | $1,275 |
| Downtown Traverse City 1 Bedroom Apartments | $1,557 | $861 | $2,426 |
| Downtown Traverse City 2 Bedroom Apartments | $1,988 | $1,029 | $3,183 |
| Downtown Traverse City 3 Bedroom Apartments | $2,116 | $1,157 | $2,570 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Traverse City Neighborhood of Traverse City, MI.
See all Apartments in Traverse CityExplore Traverse City
Downtown Traverse City, Traverse City, MI Local Guide
- Nearby Traverse City neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Traverse City Apartments for Rent
The cheapest available apartment rental in the Downtown Traverse City area of Traverse City, MI is a 2 Beds unit found at Ruth Park priced from $405. Annika Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Downtown Traverse City apartments for rent in Traverse City, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ruth Park | Two Bedroom | 2BR,1BA | $405 |
| Annika Place | Two Bedroom | 2BR,1BA | $1,300 |
| Lake Pointe Village | Driftwood | 2BR,2BA | $1,495 |
Best Value Apartments for Rent in Downtown Traverse City, MI
As of April 13, 2025 the best value apartment in the Downtown Traverse City area is the $1.88 price per square foot Terrace Estates Condos Model at Terrace Bluff Condominiums in the in the Downtown Traverse City neighborhood starting from $2,400. The second greatest value Downtown Traverse City apartment is the Solstice South (Barrier Free) Model at Ridge45 Apartments starting at $1,800 with a $1.63 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Downtown Traverse City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrace Bluff Condominiums | Terrace Estates Condos | 3BR,2BA | $1.88 |
| Ridge45 Apartments | Solstice South (Barrier Free) | 2BR,2BA | $1.63 |
| West End Lofts | A5A | 1BR,1BA | $2.28 |
| Legends Morgan Farms | Leland | 1BR,1BA | $2.03 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.42 |
| Ruth Park | Two Bedroom | 2BR,1BA | $0.47 |
| Chelsea Park West | Arcadia | 1BR,1BA | $2.16 |
| Lake Pointe Village | Aspen | 1BR,1BA | $2.26 |
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Pet Friendly LifestyleDowntown Traverse City, Traverse City, MI
Ranked #1
Among neighborhoods in Traverse City, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Traverse City Neighborhood in Traverse City, MI
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Traverse City Apartments
How much is rent for a Cheap One Bedroom Downtown Traverse City Apartment?
The lowest price for a Cheap One Bedroom Downtown Traverse City Apartment is $1,585 at Lake Pointe Village.
What is the lowest price for a Cheap Two Bedroom Downtown Traverse City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown 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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.