12 Hours Ago
Highlights
Pet Friendly
Location
Water Tower Road, Interlochen, Michigan 49643, United States
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Managed by
Management
KMG Prestige
Nearby rentals
Renter hub
Property management
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Property Overview
Watertower Place is rated highly across multiple dimensions, reflecting its appeal as a rental option. With a notable Zumper rating of 8.3, this property excels in location (9/10), amenities (8/10), and price value (10/10), ensuring residents enjoy convenience and quality living. Additionally, it supports environmental sustainability and promotes social life, thanks to nearby public transit and accessible local amenities.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Pet friendly
Great for
Eco living
Social life
Floor plans
| 1B | 1 bed | 1 bath | 520 sqft | $715 /mo | |||
| 2B | 2 bed | 1 bath | 720 sqft | $735 /mo |
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Amenities for Watertower Place
Building
| Cats OK | Dogs OK |
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.
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OPTIONAL FEES
Dog Policy
Allowed
Limit2
Breed restrictionsYes
Dogs and Cats Allowed. Please call our Leasing Office for complete Pet Policy information.
Cat Policy
Allowed
Limit2
Cat
Pet Rent
Monthly. 2 cats max.
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Dog
Pet Rent
Monthly. 2 dogs max.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 19 |
|---|---|
| Lease terms | 12 months |
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About Watertower Place
Nestled in the community of Big Rapids, close to shopping. Specifically designed for family and disabled of any age. All units are Barrier Free and rent is based on income.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Watertower Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Watertower Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Watertower Place offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Watertower Place is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Watertower Place is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Watertower Place does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Watertower Place provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Watertower Place is great for:
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 Watertower Place compares to other nearby properties.
Positives
- Pet friendly
- This property allows pets
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
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Rent trends in Interlochen
Median rents as of Mar 29 2025.
Interlochen
| Month | Median Rent |
|---|---|
| December 2023 | $1,488 |
| January 2024 | $1,644 |
| February 2024 | $1,712 |
| March 2024 | $1,568 |
| April 2024 | $1,600 |
| May 2024 | $1,600 |
| December 2024 | $1,550 |
| February 2025 | $2,600 |
| March 2025 | $1,680 |
Affordability calculator
Can I afford to live at Water Tower Road?
Bedrooms
Rent-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
$28,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,600 annually to afford this 1-bedroom monthly rent price of $715.
For more information on rent affordability, visit our rent calculator.
Schools near Watertower Place
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 Watertower Place
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Interlochen near Water Tower Road
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for Water Tower Road, Interlochen
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
2/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
0/10
Few or no bars within walking distance
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