Bedroom count

Property type

Last updated on December 16, 2025

Average rent in
Traverse City, MI

Last updated on December 16, 2025

Last updated on December 16, 2025

Bedroom count

Property type

As of December 2025, the median rent for all bedroom counts and property types in Traverse City, MI is $1,800. This is -5%, or $100, lower than the national average.

$1.93

average price per square foot

Median rent

$1,800

increased by5%
over the previous yearvs previous year

Total rentals

86

for rent on Zumper.com

As of December 2025, the median rent for all bedroom counts and property types in Traverse City, MI is $1,800. This is -5%, or $100, lower than the national average.

$1.93

average price per square foot

Rent ranges

2%
31%
40%
20%
7%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

61%
39%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Traverse City, MI

Rent price trends

Rent prices for all bedroom counts and property types in Traverse City, MI have remained the same in the last month and have increased by 5% in the last year.

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

Rent comparables in
Traverse City, MI

The monthly rent for an apartment in Traverse City, MI is $1,634. A 1-bedroom apartment in Traverse City, MI costs about $1,500 on average, while a 2-bedroom apartment is $1,700. Houses for rent in Traverse City, MI are more expensive, with an average monthly cost of $2,000.

Comparables

1 bedroom

$1,500

2%

9%

2 bedroom

$1,737

No Change

3%

3 bedroom

$2,207

No Change

2%

4 bedroom

$3,037

5%

4%

Studio

$825

1%

25%

Studio

Average rent

$825

Last 30 days

1%

Last year

25%

1 bedroom

Average rent

$1,500

Last 30 days

2%

Last year

9%

2 bedroom

Average rent

$1,737

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$2,207

Last 30 days

No Change

Last year

2%

4 bedroom

Average rent

$3,037

Last 30 days

5%

Last year

4%

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.

Compare rent prices in Traverse City, MI to other cities

Median rent prices in Traverse City, MI for all bedroom counts and property types compared to Bellaire, MI.

Traverse City

Median rent price$1,800
decreased by5%

lower than the national median

Median rent price$911
decreased by52%

lower than the national median

Takeaway

The median rent for all rentals in Traverse City, MI is 98% higher than the median rent in Bellaire, MI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Bellaire

$911

increased by22%

Last year

Boyne City

$1,395

decreased by16%

Last year

Cadillac

$878

decreased by94%

Last year

Frankfort

$815

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Last year

Gaylord

$930

increased by7%

Last year

Gladwin

$935

decreased by30%

Last year

Interlochen

$1,873

increased by6%

Last year

Lake Leelanau

$1,425

N/A

Last year

Ludington

$895

decreased by35%

Last year

Manistee

$900

Flat

Last year

Petoskey

$1,197

decreased by8%

Last year

Williamsburg

$1,700

increased by120%

Last year

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Apartments for rent in Traverse City
Apartments for rent in Williamsburg

3839 Silver Lake Road, Traverse City, MI 49684, USA
3829 Silver Lake Rd, Traverse City, MI 49684, USA
2964 Emerald Bluffs Drive, Traverse City, MI 49684, USA
207 Birchwood Ave, Traverse City, MI 49686, USA
3887 Vale Dr, Traverse City, MI 49686, USA
3882 Vale Drive, Traverse City, MI 49686, USA
1310 Peninsula Ct, Traverse City, MI 49686, USA
4418 East Daisy Lane, Traverse City, MI 49685, USA
892 Calla Lilly Lane, Traverse City, MI 49685, USA
925 Cass St, Traverse City, MI 49684, USA
3857 Vale Drive, Traverse City, MI 49686, USA
12586 Center Rd, Traverse City, MI 49686, USA
210 W 16th St, Traverse City, MI 49684, USA
3846 North Four Mile Road, Traverse City, MI 49686, USA
145 E Front St, Traverse City, MI 49684, USA
1243 Terrace Ave, Traverse City, MI 49686, USA
3912 Vale Drive, Traverse City, MI 49686, USA
536 Woodland Dr, Traverse City, MI 49686, USA
385 Neuman St, Traverse City, MI 49685, USA
213 Midtown Dr, Traverse City, MI 49684, USA

Discover rentals in Traverse City, MI

Carson Square - Photo 1 of 1
Income restricted

3d ago

7.7

Very good

Carson Square

1793 Linden Ave, Traverse City, MI 49686

1–2 beds

1 bath

$672–$1,223

Apartment for rent

Call

Parkview Apartments - Photo 1 of 1
New construction

3d ago

7.3

Very good

Parkview Apartments

1223 East Eighth Street, Traverse City, MI 49686

1–2 beds

1 bath

$694–$1,295

Apartment for rent

Chateau Heights - Photo 1 of 1

4d ago

8.3

Very good

Chateau Heights

1835 Apartment Dr, Traverse City, MI 49696

2 beds

1 bath

$705

Apartment for rent

6760 US 31 North - Photo 1 of 1

5d+ ago

8.3

Very good

6760 US 31 North

404 Hughes Dr #a, Traverse City, MI 49696

3 beds

1 bath

$725

Apartment for rent

Bay Hill I - Photo 1 of 1

3d ago

9.3

Excellent

Our team has verified this company

Verified

Bay Hill I

600 Bay Hill Drive, Traverse City, MI 49684

1–3 beds

1–2 baths

$857–$1,572

Apartment for rent

Call

Woodmere Ridge - Photo 1 of 1

5d+ ago

7.7

Very good

Woodmere Ridge

927 Woodmere Avenue, Traverse City, MI 49686

1–3 beds

1 bath

$888–$1,430

Apartment for rent

Call

Bay Hill II - Photo 1 of 1

4d ago

9.9

Excellent

Our team has verified this company

Verified

Bay Hill II

600 Bay Hill Drive, Traverse City, MI 49684

1–3 beds

1–2 baths

$1,112–$1,835

Apartment for rent

Call

3846 North Four Mile Road #C - Photo 1 of 1

5d+ ago

House for rent in Traverse City

Residential Rental - Traverse City, MI

3846 North Four Mile Road #C, Traverse City, MI 49686

2 beds

2 baths

$1,200

House for rent