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Apartments for Rent in Traverse City, MI under $1500

Apartments for Rent in Traverse City, MI under $1500. 9 Rentals Available
9 Rentals Available
Quick filters
  • Only 3 units left
    1 bd $1,300
    2 bd $1,500
    3 bd $1,300
    Base rent
    Verified Listing

    4.0 (48)
    2692 Harbor Hill Dr., Traverse City, MI 49686
    Apply online • Pet friendly
  • Only 1 unit left
    Studio $1,450
    Base rent
    Verified Listing

    4.5 (73)
    155 Garland Street OFC 103, Traverse City, MI 49684
    Pet friendly
  • 2 bd $1,227
    Base rent
    Verified Listing

    3.5 (13)
    4155 Sprucewood Dr., Traverse City, MI 49685
    Fitness center • Dishwasher • Patio/Balcony
  • 1 bd $1,495
    Base rent Income restricted
    Verified Listing

    4.0 (9)
    947 South Garfield Ave, Traverse City, MI 49686
    Fitness center • In unit laundry • Dishwasher
  • Ask for pricing
    Verified Listing

    1020 Hastings St, Traverse City, MI 49686
    Fitness center • In unit laundry • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    4.5 (7)
    520 Wellington Street, Traverse City, MI 49686
    Fitness center • In unit laundry • Dishwasher
  • 2 bd $1,500
    Base rent
    Verified Listing

    9965 Reynold Road, Traverse City, MI 49684
    Pet friendly
7-0-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 20 Jun 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 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.

Apartments in Traverse City, MI under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 9 apartments for rent in Traverse City, MI on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Traverse City, MI is 1,234 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.