Apartments for Rent in Petoskey, MI

Prices and availability in Petoskey, MI were last updated on 23 Aug 2026.

The best apartments in Petoskey, MI are: Bear Creek Meadows - Petoskey, MI, 709 Jackson Street Apartments, 2390 Mitchell Park Drive, 421 Monroe Street and 417 Howard Street.

The price range for a 1-bedroom apartment in Petoskey, MI is between $800 and $1,470.

The price range for a 2-bedroom apartment in Petoskey, MI is between $1,000 and $1,650.

The price range for a 3-bedroom apartment in Petoskey, MI is between $1,800 and $2,350.

In Petoskey 39% of the housing is rented out compared to 61% of homes are owned, according to the most recent Census Bureau estimates. 5% of Petoskey's apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 22% are single-family rentals.

The average age of rental buildings in Petoskey is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Petoskey come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Petoskey. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.