Average rent in
Traverse City, MI

Rent comparables in
Traverse City, MI

The monthly rent for an apartment in Traverse City, MI is $1,612. A 1-bedroom apartment in Traverse City, MI costs about $1,498 on average, while a 2-bedroom apartment is $1,650. Houses for rent in Traverse City, MI are more expensive, with an average monthly cost of $2,297.

Bedrooms

Neighborhoods

Property types

Bedroom counts	Average rent	Last 30 days	Last year	Comparables
1 bedroom	$1,487	1%	4%	View
2 bedroom	$1,700	No Change	2%	View
3 bedroom	$2,195	4%	2%	View
4 bedroom	$3,000	6%	9%	View
Studio	$1,450	8%	7%	View

BedroomsNeighborhoodsProperty types

Studio

Average rent

$1,450

Last 30 days

8%

Last year

7%

View comparables

1 bedroom

Average rent

$1,487

Last 30 days

1%

Last year

4%

View comparables

2 bedroom

Average rent

$1,700

Last 30 days

No Change

Last year

2%

View comparables

3 bedroom

Average rent

$2,195

Last 30 days

4%

Last year

2%

View comparables

4 bedroom

Average rent

$3,000

Last 30 days

6%

Last year

9%

View comparables

The table above reflects average rent prices in Traverse City, 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.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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