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Petoskey, MI Houses for Rent

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  • 709 Jackson St Unit 11, Petoskey, MI 49770
    709 Jackson St Unit 11, Petoskey, MI 49770
    709 Jackson St Unit 11, Petoskey, MI 49770
    /11

    $1,800 Per Month

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

    709 Jackson St Unit 11, 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.

    Jazmin Harris Van Treese Management LLC

    709 Jackson St Unit 11, Petoskey, MI 49770
  • 309 E Lake St Unit 4, Petoskey, MI 49770
    309 E Lake St Unit 4, Petoskey, MI 49770
    309 E Lake St Unit 4, Petoskey, MI 49770
    /4

    $1,600 Per Month

    • 1 Bed
    • 1 Bath
    • 620 Sq Ft
    • House for Rent

    309 E Lake St Unit 4, Petoskey, MI 49770

    Apartment in downtown Petoskey above Roast & Toast. One bedroom, one bathroom, one parking spot, coin operated laundry and mail onsite. First months rent and security deposit due at signing. No Pets. Utilities Included. Garbage is tenant responsibility.

    Jazmin Harris Van Treese Management LLC

    309 E Lake St Unit 4, Petoskey, MI 49770
Michigan Emmet County

Houses for Rent in Petoskey, MI

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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of August 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 22.2, 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

There are currently 2 single-family homes available for rent in Petoskey, MI. The median rent is $1,700 per month.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,700
How to Rent a Home

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