5+ Days Ago
Highlights
- Reserved parking
- Laundry room
- Separate living room and dining room
Location
515 S Oak St #515, Traverse City, MI 49684, USA
Tour 515 S Oak St #515
Contact
Suzanne
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Property Overview
Reserved parking, a dedicated laundry room, and separate living and dining areas offer everyday convenience and comfort. Strong nearby school options and a top-tier value per square foot enhance long-term appeal. Extensive parks, restaurants, grocery stores, walkable mixed-use areas, pet-friendly amenities, and features that support wellness and working from home create a lively yet quiet environment.
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
More space- Elementary school nearby
- Middle school nearby
Great for
Work-from-home
Wellness
Social life
Amenities for 515 S Oak St #515
Features
| Air Conditioning | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
| Window Air Conditioner |
Community
| Dogs OK | Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 515 S Oak St #515
A classic home in historic Central Neighborhood so you can walk to downtown, West Bay beaches, Grand Traverse Commons, Munson Healthcare, which are accessible via miles of bike paths. The kitchen and bath are newly renovated. New Pella windows throughout the house ensure that it is bright with good airflow. Lower level has separate living room and dining room, kitchen, and laundry room. Two bedrooms and bath are on the second floor. There is adjacent reserved parking for two cars, and a small side porch and yard. One pet will be considered on a case by case basis.
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 515 S Oak St #515 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 325 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 49684 |
|---|---|
| Type | House for rent |
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Rent trends in Traverse City
2-bedroom apartments at 515 S Oak St #515 cost about 8% more than the average rent price for 2-bedroom apartments in Traverse City.
Median rents as of May 23 2026.
Traverse City
| Month | Median Rent |
|---|---|
| June 2024 | $1,800 |
| July 2024 | $1,798 |
| August 2024 | $1,778 |
| September 2024 | $1,737 |
| October 2024 | $1,657 |
| November 2024 | $1,656 |
| December 2024 | $1,660 |
| January 2025 | $1,698 |
| February 2025 | $1,664 |
| March 2025 | $1,712 |
| April 2025 | $1,742 |
| May 2025 | $1,802 |
| June 2025 | $1,782 |
| July 2025 | $1,799 |
| August 2025 | $1,787 |
| September 2025 | $1,719 |
| October 2025 | $1,632 |
| November 2025 | $1,680 |
| December 2025 | $1,681 |
| January 2026 | $1,700 |
| February 2026 | $1,714 |
| March 2026 | $1,790 |
| April 2026 | $1,786 |
| May 2026 | $1,774 |
Affordability calculator
Can I afford to live at 515 S Oak St #515?
Bedrooms
2 bedroomsRent-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
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 2-bedrooms monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $2,000 |
Schools near 515 S Oak St #515
Central Grade School
301 w seventh st
traverse city, MI, 49684
PK, K-6Public
B+
TCAPS Montessori School
1009 s oak st
traverse city, MI, 49684
PK, K-8Public
A-
North Ed Creekside School
1100 silver dr
traverse city, MI, 49684
K-12Public
North EdNew Horizons
933 rose st
traverse city, MI, 49686
PK, K-12Public
Northwest Education Services - Bridgeway
301 s garfield ave
traverse city, MI, 49686
PK, K-12Public
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Internet available near 515 S Oak St #515
Getting around Traverse City near 515 S Oak St #515
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.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 515 S Oak St #515, Traverse City
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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