Apartments for Rent in Traverse City, MI

Prices and availability in Traverse City, MI were last updated on 20 Sep 2026.

The best apartments in Traverse City, MI are: Breakwater, Sugar Plum Apartments, 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 $1,850 and $5,500.

The price range for a 1-bedroom apartment in Traverse City, MI is between $1,250 and $2,045.

The price range for a 2-bedroom apartment in Traverse City, MI is between $1,250 and $2,858.

The price range for a 3-bedroom apartment in Traverse City, MI is between $750 and $5,500.

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.

The average age of rental buildings in Traverse City 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 Traverse City 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 Traverse City. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.