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Apartments for Rent in Traverse City, MI under $1500


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  • 7 units available
    1 bd $1,300
    2 bd $1,500+
    3 bd $1,300
    Base rent
    Verified Listing

    Sugar Plum Apartments

    4.0 (48)
    2692 Harbor Hill Dr., Traverse City, MI 49686
    Apply online • Pet friendly
  • Only 3 units left
    1 bd $1,444+
    Base rent
    Verified Listing

    Chelsea Park West

    2054 Essex View Dr, Traverse City, MI 49685
    Apply online • Pet friendly • Fitness center
  • Only 3 units left
    1 bd $1,421+
    Base rent
    Verified Listing

    Legends Morgan Farms

    12300 S Lovell Ln, Traverse City, MI 49684
    Apply online • Pet friendly • Fitness center
  • 9965 Reynold Road 2 Beds Apartment for Rent
    2 bd $1,500
    Base rent
    Verified Listing

    9965 Reynold Road

    9965 Reynold Road, Traverse City, MI 49684
    Pet friendly
  • 3 bd $700
    Base rent
    Verified Listing

    621 Grant Street

    621 Grant Street, Traverse City, MI 49686
    Pet friendly
  • 5-0-city



Frequently asked questions

When were prices and availability in Traverse City, MI last updated?

Prices and availability in Traverse City, MI were last updated on 12 Nov 2026.

What are the best apartments in Traverse City, MI?
What type of rental buildings are in Traverse City, MI?

In Traverse City 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 14% of Traverse City's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 31% are single-family rentals.

Renting apartments in Traverse City, MI under $1,500

Searching for apartments for rent in Traverse City, MI under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Traverse City, MI, where the average rent is $1,505 per month, there are 15 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Traverse City, MI. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Traverse City, MI going for $700 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.