Houses & Townhomes for Rent in Traverse City, MI

House for rent at 1473 Greenbrier Dr, Traverse City, MI 49685

This 3 bedroom, 1 bath ranch home, with partially finished walk-out basement sits in a lovely, quiet, family-friendly neighborhood. The home features a beautiful kitchen, remodeled bathroom, a lovely covered front porch and back deck that overlook maintained landscaping throughout the property. Home is located 3 miles from Grand Traverse Mall, 6 miles from West Grand Traverse Bay and. 5 miles from hiking, tennis and playground at Silver Lake Recreation Area. Lawncare and landscape maintanance included. Second bedroom includes built-in bunk bed that can be removed up request. Available April 1st.

House for rent at 309 Rose St, Traverse City, MI 49686

Featured

Managed by Northland Property Management

$1,900

House1 Bed1 Bath1,000 ft²

309 Rose St

Traverse City, MI 49686

This one-of-a-kind home is a must-see, offering character and charm in a highly sought-after area. Featuring soaring vaulted ceilings and a stunning loft bedroom accessed by a gorgeous spiral staircase, this space is truly special. The updated kitchen, bathroom and flooring add modern touches to the eclectic design. Loft Bedroom with Spiral Staircase. Updated Kitchen, Bathroom and Flooring. Spacious Mudroom with Large Laundry Area. Don't miss out on this opportunity to live in a truly unique home in an exceptional location. Tenant responsible: Dte Gas, Tc Light & Power Electric & water, Wifi/Cable.

Featured

Managed by Northland Property Management

$2,300

House2 Beds1 Bath1,350 ft²

902 Washington St #A

Traverse City, MI 49686

This beautifully updated home is ideally situated within walking distance of the bay and downtown, on the highly desirable Washington Street. Enjoy the relaxing atmosphere of a three-season porch, perfect for unwinding year-round. Possible non-conforming bedroom, could be used for office. 2Bedrooms. One-Year Lease. Utilities included in rent. Tenant responsible for snow removal of porch, walkways and steps. Snow removal provided at 4 or more for driveway. Owner provides lawncare. No Pets. Take advantage of this fantastic rental opportunity in a prime location, with utilities included for added convenience. Tenant Placement Program. Application required per adult. No site-unseen applications.

House for rent at 307 W 8th St, Traverse City, MI 49684

Featured

Managed by Brad Gemeinhardt

$2,900

House4 Beds2 Baths1,900 ft²

307 W 8th St

Traverse City, MI 49684

Utilities Included. Not Available Until August. Walking distance to Downtown Traverse City, Grand Traverse Bay and Tart Trails, this home features 4 bedrooms and 2 bathrooms and is available beginning in late August for mid term lease (6-10 months). Rent Price includes Utilities, WiFi, Snow Removal and Trash & Recycling Pickup. The house is furnished, including washer/dryer and a detached garage. The First floor has 1 bedroom with a full size bed, an attached bathroom and a walk in closet.

Viewing 1-4 of 4 rentals in Traverse City

What to Know About

Life in Traverse City & Beyond

Traverse City shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Traverse City, MI

As of March 2025, Traverse City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Traverse City's average rent is 12.4% ($170) higher than the Michigan average of $1,376 and 13.5% ($242) lower than the U.S. average of $1,788.

Average Rent

$1,546

Monthly ChangeMonth Over Month Change

3.1% ($49)

Yearly ChangeYear Over Year Change

13.4% ($240)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,327	5.5% ($69)	1.5% ($20)
2 Beds	$1,585	0.3% ($4)	4.1% ($67)
3 Beds	$2,429	4.3% ($100)	10.8% ($237)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Traverse City Rental Market FAQs

Explore rental prices, market trends, and availability in Traverse City, MI.

What is the average rent in Traverse City, MI?

The average rent in Traverse City, MI is $1,546 per month.

What is the rental price range for houses in Traverse City, MI?

Houses in Traverse City typically rent for between $929 and $3,158 per month, with an average of $1,546 per month.

What is the average rent for different bedroom sizes in Traverse City, MI?

In Traverse City, the average rent for a 1-bedroom house is $1,327 per month, for a 2-bedroom house, $1,585 per month, and a 3-bedroom house is $2,429 per month.

How do rent prices in Traverse City, MI compare with the national average?

The average rent in Traverse City is 13.5% ($242) lower than the national average of $1,788 per month.

How have rent prices in Traverse City, MI changed recently?

The average rent in Traverse City has decreased by 3.1% ($49) in the last month and decreased by 13.4% ($240) over the past year.

How competitive is the rental market in Traverse City, MI?

The rental market in Traverse City, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Traverse City, MI?

In Traverse City, MI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Traverse City, MI?

There are currently 18 rental properties available in Traverse City, MI.

Can I afford to rent a house in Traverse City, MI?

Based on the current averages, a household would need an annual income of $63,400 to comfortably afford a 2-bedroom house in Traverse City.

Houses & Townhomes for Rent in Traverse City, MI

Life in Traverse City & Beyond

Traverse City, MI

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