1540 Barlow St
Traverse CityMI49686
Cheap Homes for Rent in Downtown Traverse City Neighborhood of Traverse City, MI from $1,800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Traverse City area of Traverse City.
309 Rose St
Traverse CityMI49686
621 Riverine Dr
Traverse CityMI49684
1542 Simsbury St
Traverse CityMI49686
403 W Eleventh St
Traverse CityMI49684
545 Riverine Dr
Traverse CityMI49684
1022 E State St
Traverse CityMI49686
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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 a home in Downtown Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Traverse City 2 Bedroom Homes for Rent | $2,316 | $2,100 | $2,800 |
| Downtown Traverse City 3 Bedroom Homes for Rent | $3,433 | $1,800 | $4,500 |
| Downtown Traverse City 4 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Traverse City Neighborhood of Traverse City, MI.
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Downtown Traverse City, Traverse City, MI Local Guide
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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 10, 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 Model at Ridge45 Apartments starting at $1,815 with a $1.64 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 | 2BR,2BA | $1.64 |
| West End Lofts | A5A | 1BR,1BA | $2.28 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.42 |
| Ruth Park | Two Bedroom | 2BR,1BA | $0.47 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $2.11 |
| Chelsea Park West | Arcadia | 1BR,1BA | $2.14 |
| Lake Pointe Village | Aspen | 1BR,1BA | $2.26 |
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Frequently Asked Questions about Downtown Traverse City
What type of rentals are currently available in Downtown Traverse City?
There are currently 43 Apartments for Rent in Downtown Traverse City, MI with pricing that ranges from $861 to $3,183. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Traverse City ranging from $1,800 to $4,500.
What is the current price range for Rental Homes in Downtown Traverse City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Traverse City ranges from $1,800 to $4,500 with an average monthly rent of $2,633.
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.