Updated 2 Days Ago
Location
502 Hastings St, Traverse City, MI 49686, USA
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Property Overview
Near top-rated elementary and high schools, 25 listing photos, and standout value for money make 502 Hastings St appealing at a glance. The area also supports an active, walkable lifestyle with nearby restaurants, parks, public transit, sports facilities, gyms, natural lighting, and on-site recycling or composting options.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
- High school nearby
Great for
Wellness
Social life
Eco living
Amenities for 502 Hastings St
Features
| Furnished |
Appliances
| In-Unit Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 502 Hastings St
Property Status: Active Downtown, furnished, and ready for the off-season. This loft-style condo is fully furnished with an open-concept main level, a private bedroom loft upstairs, plenty of natural light, and parking included. Washer and dryer are in unit. You're right next to the TART Trail and Social District, just one block from the Civic Center, and close to Northwestern Michigan College. Dining, shopping, coffee, and everyday city amenities are all within an easy walk. It's a convenient spot for a young professional, student, or anyone looking for a great place to live, work, or study downtown. Available for $1,600/month for the off-season. Pets negotiable with non-refundable deposit and monthly charge. Included in lease: trash, water, electricity, heat, air, snow plow, irrigation, and exterior window washing. If this sounds like your kind of space, reach out for a tour! Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 502 Hastings St compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 49686 |
|---|---|
| Type | Condo for rent |
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Rent trends in Traverse City
studio apartments at 502 Hastings St cost about 24% less than the average rent price for studio apartments in Traverse City.
Median rents as of Aug 29 2026.
Traverse City
| Month | Median Rent |
|---|---|
| December 2024 | $1,109 |
| January 2025 | $1,051 |
| February 2025 | $1,082 |
| March 2025 | $1,176 |
| April 2025 | $1,082 |
| May 2025 | $1,086 |
| June 2025 | $1,075 |
| July 2025 | $997 |
| August 2025 | $1,051 |
| September 2025 | $1,101 |
| October 2025 | $1,402 |
| November 2025 | $1,416 |
| December 2025 | $1,408 |
| January 2026 | $1,450 |
| February 2026 | $1,191 |
| March 2026 | $1,148 |
| April 2026 | $1,148 |
| May 2026 | $1,148 |
| June 2026 | $1,148 |
| July 2026 | $2,249 |
| August 2026 | $2,218 |
Affordability calculator
Can I afford to live at 502 Hastings St?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this studio monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 502 Hastings St
Northwest Education Services - Bridgeway
301 s garfield ave
traverse city, MI, 49686
PK, K-12Public
Traverse Heights Elementary School
933 rose st
traverse city, MI, 49686
PK, K-5Public
B-
North EdNew Horizons
933 rose st
traverse city, MI, 49686
PK, K-12Public
TCAPS Montessori School
1009 s oak st
traverse city, MI, 49684
PK, K-8Public
A-
Traverse City High School
3962 3 mile rd n
traverse city, MI, 49686
PK, 9-12Public
C+
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Internet available near 502 Hastings St
Getting around Traverse City near 502 Hastings St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 502 Hastings St, Traverse City
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
6/10
Variety of bars within a short drive
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