What are the average rent costs in Traverse City, MI?

The average rent in Traverse City, MI is $1,516.

What are the average rent costs of a studio apartment in Traverse City, MI?

The average rent for a studio apartment in Traverse City, MI is $1,293.

What are the average rent costs of a one bedroom apartment in Traverse City, MI?

The average rent for a 1 bedroom apartment in Traverse City, MI is $1,516.

What are the average rent costs of a two bedroom apartment in Traverse City, MI?

The average rent for a 2 bedroom apartment in Traverse City, MI is $1,786.

What are the average rent costs of a three bedroom apartment in Traverse City, MI?

The average rent for a 3 bedroom apartment in Traverse City, MI is $2,161.

What are the average rent costs of a four bedroom apartment in Traverse City, MI?

The average rent for a 4 bedroom apartment in Traverse City, MI is $1,758.

Three Bedroom Apartments for Rent in Traverse City, MI

56 Rentals

3 BEDS

$3,299

Bayview of Traverse City

24 Bayfront Dr, Traverse City, MI 49696

Call (231) 403-2760
3 BEDS

$3,500

The Flats of Acme Village

5541 Foothills Dr, Williamsburg, MI 49690

Call (231) 715-5699
3 BEDS

$2,335

Ridge45 Apartments

1555 Ridge Blvd, Traverse City, MI 49686

Call (231) 642-9583
3 BEDS

$2,962

Edge 72

6028 Traverse Edge Way, Traverse City, MI 49684

Call (231) 640-5616
3 BEDS

$1,157

Bay Hill I

600 Bay Hill Dr, Traverse City, MI 49684

Call (231) 642-9510
3 BEDS

$1,900

Manitou Woods

1021 Manitou Dr, Traverse City, MI 49686

Call (231) 715-5720
3 BEDS

$2,400

Terrace Bluff Condominiums

1186-1243 Terrace Bluff Dr, Traverse City, MI 49686

Call (616) 202-5894
3 BEDS

$2,200

Oleson's West

3860 N Long Lake Rd, Traverse City, MI 49684

Call (231) 943-6152
3 BEDS

$2,399

Woodbury Estates - SINGLE FAMILY HOMES

3462 Tanager Dr, Traverse City, MI 49685

Call (231) 774-2517
3 BEDS, 2 BATHS

$2,650

1542 Simsbury St Unit 4

1542 Simsbury St, Traverse City, MI 49686

Call (231) 342-3775
3 BEDS, 1 BATH

$2,200

1729 N Keystone Rd

1729 N Keystone Rd, Traverse City, MI 49696

Call (616) 617-6123
3 BEDS, 1 BATH

$1,990

2605 Reily Ct

2605 Reily Ct, Traverse City, MI 49685

Call (989) 400-2624
3 BEDS, 1 BATH

$2,400

1473 Greenbrier Dr

1473 Greenbrier Dr, Traverse City, MI 49685

Call (231) 492-0630
3 BEDS, 2 BATHS

$2,300

844 Sienna St

844 Sienna St, Traverse City, MI 49696

Call (231) 590-4289
3 BEDS, 2 BATHS

$2,700

8075 Outer Dr S

8075 Outer Dr S, Traverse City, MI 49685

Apply
3 BEDS, 1.5 BATHS

$2,500

917 S Division St

917 S Division St, Traverse City, MI 49684

Apply
3 BEDS, 2.5 BATHS

$3,000

982 Lake Ridge Dr

982 Lake Ridge Dr, Traverse City, MI 49684

Apply
3 BEDS, 2.5 BATHS

$3,500

1408 Lake Dr

1408 Lake Dr, Traverse City, MI 49685
3 BEDS, 3 BATHS

$3,150

4227 Summerhill Rd

4227 Summerhill Rd, Traverse City, MI 49684
3 BEDS, 2 BATHS

$3,500

1846 Alpine Rd

1846 Alpine Rd, Traverse City, MI 49686
3 BEDS, 1.5 BATHS

$2,195

CENTRALLY LOCATED THREE BEDROOM HOUSE IN H...

111 W Fourteenth St, Traverse City, MI 49684
3 BEDS, 2 BATHS

$2,500

1243 Terrace Bluff Dr Unit 1243

1243 Terrace Bluff Dr, Traverse City, MI 49686
3 BEDS, 2 BATHS

$2,250

3-Bedroom Home with Peekaboo Views of Silv...

385 Neuman St, Traverse City, MI 49685
3 BEDS, 2.5 BATHS

$2,350

Charming In-Town Rental – Close to Downtow...

628 Sixth St, Traverse City, MI 49684
3 BEDS, 2 BATHS

$2,950

Lakefront Dream Home – 3BD | 2BA

5176 Highland Dr, Traverse City, MI 49685
3 BEDS, 1 BATH

$2,100

Welcoming Victorian with Modern Comforts *...

615 W Eleventh St, Traverse City, MI 49684
3 BEDS, 3 BATHS

$2,500

Spider Lake Winter Rental Includes Utilities

4390 Lakeview Trail, Traverse City, MI 49696
3 BEDS, 1.5 BATHS

$2,100

NEWLY REMODELED 3 BEDROOM HOME NEAR CIVIC ...

431 Cochlin St, Traverse City, MI 49686
3 BEDS, 1.5 BATHS

$2,000

Charming Winter Retreat in Downtown Traver...

100 Hope St, Traverse City, MI 49686
3 BEDS, 3 BATHS

$3,300

Experience Elevated Living with West Bay V...

13802 S W Bay Shore Dr, Traverse City, MI 49684
3 BEDS, 2 BATHS

$2,480

Furnished 3 Beds/2 Baths Old Mission Penin...

6260 Cedarmere, Traverse City, MI 49686
3 BEDS, 2 BATHS

$2,825

Extended Stay Professional Retreat

210 W Sixteenth St, Traverse City, MI 49684
3 BEDS, 2 BATHS

$2,295

LARGE HOME WITH BEAUTIFUL VIEWS OF BOTH GR...

12586 Center Rd, Traverse City, MI 49686
3 BEDS, 2 BATHS

$1,675

3212 Brookside Dr

3212 Brookside Dr, Traverse City, MI 49686
3 BEDS, 2 BATHS

$1,825

3212 Brookside Dr

3212 Brookside Dr, Traverse City, MI 49686
3 BEDS, 2.25 BATHS

$5,000

430 N Elmwood Ave

430 N Elmwood Ave, Traverse City, MI 49684
3 BEDS, 2 BATHS

$3,200

2664 Chandler Rd

2664 Chandler Rd, Traverse City, MI 49696
3 BEDS, 2.25 BATHS

$2,600

11552 Chimney Ridge Ct

11552 Chimney Ridge Ct, Traverse City, MI 49686
3 BEDS, 2 BATHS

$2,450

1009 Randolph St

1009 Randolph St, Traverse City, MI 49684
3 BEDS, 2.5 BATHS

$3,850

Tranquil Waters - Furnished Monthly Rental

183 Tibbets Dr, East Bay Township, MI 49696
3 BEDS

$1,485

Brookside Commons

4155 Sprucewood Dr, Traverse City, MI 49684
3 BEDS

$1,800

Ruth Park

520 Wellington St, Traverse City, MI 49686

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Traverse City at a Glance

Average Rent

$1,516

(All bedrooms and property types)

Learn more about

Average Rent in Traverse City

School Rating

out of 10 Rating

Learn more about

Schools in Traverse City

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Traverse City

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Traverse City

Traverse City, MI Apartments for Rent

Nestled at the head of Grand Traverse Bay, Traverse City combines natural beauty with small-city living. This northern Michigan destination, home to approximately 15,700 residents, features stunning waterfront views, access to the region's renowned wine country on the Old Mission and Leelanau peninsulas, and a walkable downtown filled with independent shops and eateries. The average rent for a one-bedroom apartment is around $1,424, reflecting the area's waterfront location and lifestyle amenities.

Apartments in Traverse City span from the tree-lined streets of Central District to the waterfront views of the Old Towne neighborhood. The city experiences all four seasons, with Front Street Beach and Clinch Park offering summer recreation, while nearby Mt. Holiday and Hickory Hills provide winter sports opportunities. As Northern Michigan's economic center, the city is home to Munson Medical Center, Northwestern Michigan College, and an extensive network of recreational paths through the TART trail system. The State Theatre and City Opera House anchor the downtown entertainment district, while the nearby Sleeping Bear Dunes National Lakeshore offers year-round outdoor activities.

Renting in Traverse City

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 281 Sq Ft $1,293 / mo
1 Bedroom 704 Sq Ft $1,516 / mo
2 Bedrooms 1,026 Sq Ft $1,786 / mo
3 Bedrooms 1,312 Sq Ft $2,161 / mo
4 Bedrooms 1,223 Sq Ft $1,758 / mo

Top Budget-Friendly Neighborhoods in Traverse City

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Lindcraft 895 Sq Ft $1,694/mo
Incochee Woods 895 Sq Ft $1,694/mo
Downtown Traverse City 776 Sq Ft $1,735/mo

Getting Around Traverse City

Transportation

Car-Dependent

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Minimal Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

High School Middle School

GreatSchools Rating

West Senior High

Public High School

Public

Grades 9-12

1,509 Students

GreatSchools Rating

East Middle School

Public Middle School

Public

Grades 6-8

786 Students

GreatSchools Rating

West Middle School

Public Middle School

Public

Grades 6-8

1,081 Students

Apartments for Rent Near Traverse City

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Traverse City Apartments for Rent in Your Budget

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Three Bedroom Apartments for Rent in Traverse City, MI

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Traverse City at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Traverse City, MI Apartments for Rent

Renting in Traverse City

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Traverse City

Getting Around Traverse City

Transportation

Car-Dependent

Bikeable

Minimal Transit

Education

Apartments for Rent Near Traverse City

Specialty Housing

Choose by Amenities

Traverse City Apartments for Rent in Your Budget

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