Average rent in
Traverse City, MI

Rent comparables in
Traverse City, MI

The monthly rent for an apartment in Traverse City, MI is $1,675. A 1-bedroom apartment in Traverse City, MI costs about $1,475 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 $2,200.

Bedrooms

Neighborhoods

Property types

Bedroom counts	Average rent	Last 30 days	Last year	Comparables
1 bedroom	$1,500	No Change	6%	View
2 bedroom	$1,800	1%	6%	View
3 bedroom	$2,200	3%	8%	View
4 bedroom	$3,095	5%	21%	View
Studio	$950	No Change	16%	View

BedroomsNeighborhoodsProperty types

Studio

Average rent

$950

Last year

16%

View comparables

1 bedroom

Average rent

$1,500

Last 30 days

No Change

Last year

6%

View comparables

2 bedroom

Average rent

$1,800

Last 30 days

1%

Last year

6%

View comparables

3 bedroom

Average rent

$2,200

Last 30 days

3%

Last year

8%

View comparables

4 bedroom

Average rent

$3,095

Last 30 days

5%

Last year

21%

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

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

$1,800

282%

Last year

Boyne City

$1,070

4%

Last year

Cadillac

$878

91%

Last year

Frankfort

$1,900

N/A

Last year

Gaylord

$932

6%

Last year

Gladwin

$847

130%

Last year

Interlochen

$1,600

25%

Last year

Lake Leelanau

$1,850

N/A

Last year

Ludington

$1,150

2%

Last year

Manistee

$1,150

94%

Last year

Petoskey

$1,450

78%

Last year

Williamsburg

$1,850

13%

Last year