Last updated on November 2, 2026

Average rent in
North Central Michigan College, MI

Median rent

Median rent in Petoskey

$1,499/mo

increased by16%

vs previous year

The average rent in Petoskey is $1,499 per month as of October 2026. This is 21% below the national average rent, or $400 less per month.

$1.81

average price per square foot

Total rentals

Available rentals in Petoskey

8

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Petoskey rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in North Central Michigan College, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in North Central Michigan College, MI

Average rent prices in Petoskey have increased by 16% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in North Central Michigan College, MI

Rent prices in Petoskey vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Petoskey is $1,474, whereas a house costs $2,299. 1-bedroom apartments in Petoskey run $1,499 on average, while 2-bedroom apartments are $1,562.

Listings

Studio

$1,319

-

2%

1 bedroom

$1,499

-

2%

2 bedroom

$1,562

-

7%

3 bedroom

$1,599

-

202%

Studio

Average rent

$1,319

Last year

2%

1 bedroom

Average rent

$1,499

Last year

2%

2 bedroom

Average rent

$1,562

Last year

7%

3 bedroom

Average rent

$1,599

Last year

202%

The table above reflects average rent prices in North Central Michigan College, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in North Central Michigan College, MI

Traverse Woods - Photo 1 of 1

12h ago

8.7

Very good

Our team has verified this company

Verified

Traverse Woods

203 Lafayette Ave, Petoskey, MI 49770

1–2 beds

1 bath

$781

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Maple Village I - Photo 1 of 1

1d ago

8.9

Very good

Our team has verified this company

Verified

Maple Village I

1695 Meadow Way, Petoskey, MI 49770

2–3 beds

2 baths

$855–$950

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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Maple Village II - Photo 1 of 1

2d ago

9.5

Excellent

Our team has verified this company

Verified

Maple Village II

1695 Meadow Way, Petoskey, MI 49770

2–3 beds

2 baths

Call for price

Call

The Lofts at Lumber Square - Photo 1 of 1
New construction

4d ago

9.2

Excellent

Our team has verified this company

Verified

The Lofts at Lumber Square

900 Emmet St, Petoskey, MI 49770

1–3 beds

1–2 baths

$1,250–$1,450

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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Frequently asked questions for North Central Michigan College, MI

Quick answers to common questions about the Petoskey rental market.

How much is rent in Petoskey?

The average rent in Petoskey is $1,499 per month as of October 31, 2026.

Is rent up or down in Petoskey?

Average rent prices in Petoskey have increased by 16% since last year.

How does Petoskey rent compare to the national average?

Rent in Petoskey is 21% below the national average, which means renters are paying approximately $400 less per month.

What salary do I need to afford rent in Petoskey?

To comfortably afford rent in Petoskey, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

The Block at Petoskey