Apartments for Rent in Traverse City, MI

Prices and availability in Traverse City, MI were last updated on 22 Aug 2026.

The best apartments in Traverse City, MI are: Sugar Plum Apartments, Breakwater, Emerald Creek Apartments, Bayview of Traverse City and Eagle Ridge Apartment Homes.

The price range for a studio apartment in Traverse City, MI is between $1,900 and $2,850.

The price range for a 1-bedroom apartment in Traverse City, MI is between $1,500 and $1,956.

The price range for a 2-bedroom apartment in Traverse City, MI is between $1,500 and $2,938.

The price range for a 3-bedroom apartment in Traverse City, MI is between $1,500 and $3,580.

In Traverse City, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of Traverse City's rentals, 56% are small-scale complexes with under 50 units, and 31% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Traverse City are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Traverse City are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.