Apartments for Rent in Traverse City, MI

Prices and availability in Traverse City, MI were last updated on 10 Sep 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 $1,850 and $5,500.

The price range for a 1-bedroom apartment in Traverse City, MI is between $1,220 and $2,045.

The price range for a 2-bedroom apartment in Traverse City, MI is between $1,450 and $3,036.

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 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.