2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
Cheap Homes for Rent in Traverse City, MI from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Traverse City.
107 Cass St, Unit Condo #3
107 Cass St
Traverse CityMI49684
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
124 Beech St
Traverse CityMI49684
1596 Lake St
RoscommonMI48653
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
3837 Silver Lake Rd
Traverse CityMI49684
65 Greer Dr
Traverse CityMI49685
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
919 S Union St
Traverse CityMI49684
Showing Results 1-7, Page 1 of 1
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 Traverse City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traverse City 2 Bedroom Homes for Rent | $2,394 | $1,450 | $6,000 |
| Traverse City 3 Bedroom Homes for Rent | $2,722 | $1,775 | $4,000 |
| Traverse City 4 Bedroom Homes for Rent | $3,940 | $2,700 | $5,800 |
| Traverse City 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Traverse City
Explore Traverse City
Traverse City, MI Local Guide
- Traverse City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Traverse City, MI
Pricing Updated: 05/17/2025Current 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 | $2,225 | $861 | 16 |
Cheapest Available Traverse City Apartments for Rent
The cheapest available apartment rental in Traverse City, MI is a 1 Bed unit found at Garfield Oaks in the Downtown Traverse City neighborhood priced from $1,200. Chelsea Park West in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,590. Here is today’s list of the most affordable Traverse City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
| Chelsea Park West | Arcadia | 1BR,1BA | $1,590 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Traverse City, MI
As of May 17, 2025 the best value apartment in the Traverse City area is the $1.98 price per square foot Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,399. The second greatest value Traverse City apartment is the Longitude 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 Traverse City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodbury Estates - SINGLE FAMILY HOMES | Single Family Home | 3BR,2BA | $1.98 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Legends Morgan Farms | Northport | 2BR,2BA | $2.01 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| Chelsea Park West | Arcadia | 1BR,1BA | $2.13 |
| West End Lofts | A4 | 1BR,1BA | $3.31 |
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $2.40 |
| 1428 Cass St, Unit B | 1428 Cass St | 1BR,1BA | $3.00 |
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Frequently Asked Questions about Traverse City
What type of rentals are currently available in Traverse City?
There are currently 92 Apartments for Rent in Traverse City, MI with pricing that ranges from $861 to $3,800. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traverse City ranging from $1,200 to $15,000.
What is the current price range for Rental Homes in Traverse City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Traverse City ranges from $1,200 to $15,000 with an average monthly rent of $5,109.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.