Bedroom count
Property type
Last updated on June 21, 2026
Average rent in
Petoskey, MI
Average rent in
Last updated on June 21, 2026
Bedroom count
Property type
Median rent
Median rent in Petoskey
$1,303/mo
77%vs previous year
The average rent in Petoskey is $1,303 per month as of June 2026. This is 33% below the national average rent, or $646 less per month.
average price per square foot
Total rentals
Available rentals in Petoskey
15
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Petoskey rentals at each price point
Rent trends in Petoskey, MI
Average rent prices in Petoskey have decreased by 3% over the last month and have increased by 77% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Petoskey, MI
Rent prices in Petoskey vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Petoskey is $1,499, whereas a house costs $3,200. 1-bedroom apartments in Petoskey run $1,360 on average, while 2-bedroom apartments are $1,725.
Listings | ||||
|---|---|---|---|---|
Studio | $750 | 9% | - | |
1 bedroom | $1,125 |  6% | 8% | |
2 bedroom | $1,737 | 6% | 85% | |
3 bedroom | $1,650 | 8% | 366% | |
4 bedroom | $2,678 | No Change | No Change |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Petoskey, MI.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,499 | 3% | No Change | |
Houses | $3,200 | No Change | - |
Studio
Average rent
$750
Last 30 days
9%
1 bedroom
Average rent
$1,125
Last 30 days
6%
Last year
8%
2 bedroom
Average rent
$1,737
Last 30 days
6%
Last year
85%
3 bedroom
Average rent
$1,650
Last 30 days
8%
Last year
366%
4 bedroom
Average rent
$2,678
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Petoskey, MI.
Apartments
Average rent
$1,499
Last 30 days
3%
Houses
Average rent
$3,200
The table above reflects average rent prices in Petoskey, 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.
How does rent in Petoskey, MI compare to other cities?
Compare median rent prices in Petoskey and Bellaire by all bedroom counts and property types.
Petoskey
33%lower than the national median
55%lower than the national median
Takeaway
The median rent for all rentals in Petoskey, MI is 47% higher than the median rent in Bellaire, MI.
Average rent in nearby cities
Explore rent trends in neighboring markets
$886
$1,357
17%$908
$1,395
79%$886
20%$1,395
37%$1,690
8%$563
18%$1,100
$1,123
89%$1,900
5%$1,700
Discover rentals in Petoskey, MI
5d+ ago
2d ago
900 Emmet St, Petoskey, MI 49770
1–3 beds
1–2 baths
$1,250–$1,690
Apartment for rent
5d+ ago
Apartment for rent in Petoskey
709 Jackson St #1, Petoskey, MI 49770
2 beds
1 bath
$1,500
Apartment for rent
Available Apr 18
5d+ ago
Apartment for rent in Petoskey
418 Waukazoo Ave #5, Petoskey, MI 49770
3 beds
1 bath
$2,100
Apartment for rent
Available May 26
3d ago
424 Emmet St, Petoskey, MI 49770
1–2 beds
1 bath
$1,495–$1,795
Apartment for rent
5d+ ago
1d ago
1420 Standish Ave, Petoskey, MI 49770
1–2 beds
1–2 baths
$1,499–$1,874
Apartment for rent
2d ago
900 Emmet St, Petoskey, MI 49770
1–3 beds
1–2 baths
$1,250–$1,690
Apartment for rent
3d ago
424 Emmet St, Petoskey, MI 49770
1–2 beds
1 bath
$1,495–$1,795
Apartment for rent
5d+ ago
Apartment for rent in Petoskey
418 Waukazoo Ave #5, Petoskey, MI 49770
3 beds
1 bath
$2,100
Apartment for rent
Available May 26
1d ago
1420 Standish Ave, Petoskey, MI 49770
1–2 beds
1–2 baths
$1,499–$1,874
Apartment for rent
5d+ ago
Apartment for rent in Petoskey
709 Jackson St #4, Petoskey, MI 49770
2 beds
1 bath
$1,600
Apartment for rent
Available Aug 6
5d+ ago
Apartment for rent in Petoskey
709 Jackson St #1, Petoskey, MI 49770
2 beds
1 bath
$1,500
Apartment for rent
Available Apr 18
5d+ ago
5d+ ago
Apartment for rent in Petoskey
418 Waukazoo Ave #5, Petoskey, MI 49770
3 beds
1 bath
$2,100
Apartment for rent
Available May 26
Stay up to date with rental market insights
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Frequently asked questions for Petoskey, MI
Quick answers to common questions about the Petoskey rental market.
How much is rent in Petoskey?
The average rent in Petoskey is $1,303 per month as of June 20, 2026.
Is rent up or down in Petoskey?
Average rent prices in Petoskey have decreased by 3% over the last month and have increased by 77% since last year.
How does Petoskey rent compare to the national average?
Rent in Petoskey is 33% below the national average, which means renters are paying approximately $646 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 $52,000/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).