3

Petoskey, MI Houses for Rent

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  • /10

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • House for Rent

    709 Jackson St Unit 4, Petoskey, MI 49770

    Two bedroom one bathroom apartment in complex near McLaren Hospital. Tenant pays electric. Two dedicated parking spots, coin operate laundry on site, storage closet, mail on site, trash service and snow removal included. No Pets.

    Jazmin Harris Van Treese Management LLC

    709 Jackson St Unit 4, Petoskey, MI 49770
  • /13

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • House for Rent

    709 Jackson St Unit 1, Petoskey, MI 49770

    Two bedroom one bathroom apartment in complex near McLaren Hospital. Tenant pays electric. Two dedicated parking spots, coin operate laundry on site, storage closet, mail on site, trash service and snow removal included. Tenant occupied until mid April

    Jazmin Harris Van Treese Management LLC

    709 Jackson St Unit 1, Petoskey, MI 49770
  • /6

    $1,850 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • House for Rent

    138 E Sheridan St Unit 1, Petoskey, MI 49770

    Two bedroom, one bathroom apartment on main level of multiplex with off street parking and coin operated laundry onsite. Utilities, garbage, recycling, lawn service and snow removal included in rental rate. No smoking, pets negotiable for additional deposit and monthly fee.

    Jazmin Harris Van Treese Management LLC

    138 E Sheridan St Unit 1, Petoskey, MI 49770

Frequently Asked Questions

How much does it cost to rent a single-family home in Petoskey, MI?
The median rent for a single-family home in Petoskey, MI is $1,750 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Petoskey, MI?
To comfortably afford the median rent in Petoskey, MI, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Petoskey, MI, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Petoskey, MI?
In Petoskey, MI, the price-to-rent ratio is 23.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Petoskey, MI

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$1,750
How to Rent a Home