Cheap Apartments for Rent in Downtown Traverse City
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1 BED$694+2 BEDS$818+ -
1 BED$744Riverview Terrace
150 Pine St, Traverse City, MI 49684 -
1 BED$857+2 BEDS$1,023+3 BEDS$1,154+Bay Hill I
600 Bay Hill Dr, Traverse City, MI 49684 -
Rent SpecialTotal Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$1,100Base Rent$1,100 - $1,350Required Monthly FeesNoneTotal Monthly Price$1,100 - $1,350853 E Front St
853 E Front St, Traverse City, MI 49686 -
2 BEDS$1,100Riverine Condominiums
505 Riverine Dr, Traverse City, MI 49684 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,200Base Rent$1,200Required Monthly FeesNoneTotal Monthly Price$1,200321 W Eighth St Unit upper
321 W Eighth St, Traverse City, MI 49684 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$1,250Base Rent$1,250Required Monthly FeesNoneTotal Monthly Price$1,250167 E Seventeenth St Unit B
167 E Seventeenth St, Traverse City, MI 49684 -
1 BED$1,414+2 BEDS$1,423+
Annika Place
947 S Garfield Ave, Traverse City, MI 49686 -
1 BED, 1 BATH$1,450Quaint Space in TC!
902 Washington St, Traverse City, MI 49686 -
2 BEDS$1,475+3 BEDS$1,675+Ruth Park
520 Wellington St, Traverse City, MI 49686 -
1 BED, 1 BATH$1,475Your Downtown Traverse City Retreat
607 Pine St, Traverse City, MI 49684 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,595Base Rent$1,595Required Monthly FeesNoneTotal Monthly Price$1,595107 Cass St Unit Condo 2
107 Cass St, Traverse City, MI 49684 -
1 BED$1,600
Boardwalk Suites and Residences by Kasa
232 East State St, Traverse City, MI 49684 -
2 BEDS, 1 BATH$1,600Hassle Free Living in TC Unit 1530-10
1530 Veterans Dr, Traverse City, MI 49684 -
2 BEDS, 1 BATH$1,600Effortless Living, Exceptional Location Unit 1530-3
1530 Veterans Dr, Traverse City, MI 49684 -
2 BEDS, 1 BATH$1,700
933 E Front St Unit A
933 E Front St, Traverse City, MI 49686 -
1 BED, 1 BATH$1,800
Charming, Updated Condo in Prime Downtown Traverse City Location!
545 Riverine Dr, Traverse City, MI 49684 -
1 BED, 1 BATH$1,900
Character, Charm, and a Loft Above
309 Rose St, Traverse City, MI 49686 -
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2 BEDS, 1.5 BATHS$2,2751502 Simsbury St Unit 1502 Simsbury #2
1502 Simsbury St, Traverse City, MI 49686 -
2 BEDS, 1.5 BATHS$2,2751502 Simsbury St Unit 1502 Simsbury #3
1502 Simsbury St, Traverse City, MI 49686 -
2 BEDS, 2 BATHS$2,600
Available June 1st, 2026 — 2 Blocks from Munson Hospital
121 S Spruce St, Traverse City, MI 49684 -
3 BEDS, 2 BATHS$2,775
1502 Simsbury St Unit 1502 Simsbury #7
1502 Simsbury St, Traverse City, MI 49686 -
3 BEDS, 2 BATHS$2,775
Premiere Place and Premiere Living!
1560 Simsbury St, Traverse City, MI 49686 -
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Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$3,900Base Rent$3,900Required Monthly FeesNoneTotal Monthly Price$3,900211 S Oak St
211 S Oak St, Traverse City, MI 49684 -
3 BEDS, 2 BATHS$4,000828 Washington St
828 Washington St, Traverse City, MI 49686 -
3 BEDS, 3.5 BATHS$4,500Pet-Friendly 30-Day Rental – Downtown Waterfront Condo
213 Midtown Dr, Traverse City, MI 49684 -
4 BEDS, 4 BATHS$5,0001310 Peninsula Ct
1310 Peninsula Ct, Traverse City, MI 49686 -
3 BEDS, 2 BATHS$12,000814 Locust St
814 Locust St, Traverse City, MI 49684
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Clear All FiltersTraverse City at a Glance
Cheap Apartments in Downtown Traverse City Neighborhood in Traverse City, MI
When looking for cheap apartments in Downtown Traverse City, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Traverse City.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 31 cheap apartments available in Downtown Traverse City, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Traverse City
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Downtown Traverse City 733 Sq Ft $1,694/mo
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Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.