Bedroom count

Property type

Last updated on September 16, 2025

Average rent in
Traverse City, MI

Last updated on September 16, 2025

Last updated on September 16, 2025

Bedroom count

Property type

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 decreased by 6% in the last year.

We analyze our inventory and calculate this information on a 30-day rolling basis.

Rent price summary for
Traverse City, MI

As of September 2025, the median rent for all bedroom counts and property types in Traverse City, MI is $1,800. This is -9% lower than the national average.

$1.73

average price per square foot

Median rent

$1,800

decreased by6%
over the previous yearvs previous year

Total rentals

78

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Traverse City, MI is $1,800. This is -9% lower than the national average.

$1.73

average price per square foot

Rent ranges

2%
29%
43%
18%
9%
$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 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 $1,400 on average, while a 2-bedroom apartment is $1,765. Houses for rent in Traverse City, MI are more expensive, with an average monthly cost of $2,250.

Comparables

1 bedroom

$1,422

3%

7%

2 bedroom

$1,775

4%

3%

3 bedroom

$2,180

2%

8%

4 bedroom

$3,120

14%

1%

Studio

$1,051

No Change

39%

Studio

Average rent

$1,051

Last year

39%

1 bedroom

Average rent

$1,422

Last 30 days

3%

Last year

7%

2 bedroom

Average rent

$1,775

Last 30 days

4%

Last year

3%

3 bedroom

Average rent

$2,180

Last 30 days

2%

Last year

8%

4 bedroom

Average rent

$3,120

Last 30 days

14%

Last year

1%

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 by9%

lower than the national median

Median rent price$1,900
decreased by4%

lower than the national median

Takeaway

The median rent for all rentals in Traverse City, MI is 5% lower 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
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$897

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$864

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$850

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$2,150

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$835

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$763

increased by30%

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$850

decreased by21%

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$1,450

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Apartments for rent in Bellaire

Discover rentals in Traverse City, MI

Carson Square - Photo 1 of 1
Income restricted

1d ago

8.9

Very good

Our team has verified this company

Verified

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

2d ago

7.3

Very good

Parkview Apartments

1223 E 8th St, Traverse City, MI 49686

1–2 beds

1 bath

$694–$1,295

Apartment for rent

Chateau Heights - Photo 1 of 1

4d ago

Our team has verified this company

Verified

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 Dr, Traverse City, MI 49684

1–3 beds

1–2 baths

$861–$1,429

Apartment for rent

Call

Woodmere Ridge - Photo 1 of 1

9h ago

8.9

Very good

Our team has verified this company

Verified

Woodmere Ridge

927 Woodmere Ave, Traverse City, MI 49686

1–3 beds

1 bath

$888–$1,430

Apartment for rent

Call

Bay Hill II - Photo 1 of 1

1h ago

9.9

Excellent

Our team has verified this company

Verified

Bay Hill II

600 Bay Hill Dr, Traverse City, MI 49684

1–3 beds

1–2 baths

$1,043–$1,669

Apartment for rent

Call

4219 Lilac Ln #923 - Photo 1 of 1

5h ago

Our team has verified this company

Verified

Meadow Lane

4219 Lilac Ln #923, Traverse City, MI 49685

3 beds

2 baths

$1,329

House for rent