Average rent in
Traverse City, MI

Rent comparables in
Traverse City, MI

The monthly rent for an apartment in Traverse City, MI is $1,650. 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 $2,175.

Bedrooms

Neighborhoods

Property types

Bedroom counts	Average rent	Last 30 days	Last year	Comparables
1 bedroom	$1,462	1%	4%	View
2 bedroom	$1,745	No Change	No Change	View
3 bedroom	$2,260	19%	25%	View
4 bedroom	$3,145	4%	6%	View
Studio	$1,148	No Change	11%	View

BedroomsNeighborhoodsProperty types

Studio

Average rent

$1,148

Last year

11%

View comparables

1 bedroom

Average rent

$1,462

Last 30 days

1%

Last year

4%

View comparables

2 bedroom

Average rent

$1,745

Last 30 days

No Change

Last year

No Change

View comparables

3 bedroom

Average rent

$2,260

Last 30 days

19%

Last year

25%

View comparables

4 bedroom

Average rent

$3,145

Last 30 days

4%

Last year

6%

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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