5

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

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    306 Ione St, Petoskey, MI 49770

    Experience the perfect balance of nature and convenience in this cozy three-bedroom two-bath home, ideally situated just steps from Bear River access and minutes from the heart of downtown. This residence come furnished with flexible term lengths available. The living experience extends outdoors to a spacious yard offering plenty of room for relaxation. For your convenience, the home come

    Jazmin Harris Van Treese Management LLC

    306 Ione St, Petoskey, MI 49770
  • /9

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • House for Rent

    522 Liberty St Unit B, Petoskey, MI 49770

    Spacious apartment with in unit laundry, large eat in kitchen, off street parking, and a beautifully refinished hardwood floors. Close to downtown and McLaren. Utilities bill monthly for $150 per month.

    Jazmin Harris Van Treese Management LLC

    522 Liberty St Unit B, Petoskey, MI 49770
  • /7

    $1,700 Per Month

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

    421 Monroe St Unit 2, Petoskey, MI 49770

    One bedroom upper level apartment in a triplex close to downtown Petoskey and McLaren Hospital. All utilities, lawn service, snow removal included.

    Jazmin Harris Van Treese Management LLC

    421 Monroe St Unit 2, Petoskey, MI 49770
  • /7

    $1,750 Per Month

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

    522 Liberty St Unit 2, Petoskey, MI 49770

    Recently updated with new carpet and fresh paint this 2 bedroom, one bathroom apartment is located between downtown Petoskey & McLaren Hospital. All utilities except internet are included. Second story unit accessible by stairs only. Off street parking available behind building.

    Jazmin Harris Van Treese Management LLC

    522 Liberty St Unit 2, 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 July 2026, single-family homes tend to be the most affordable option.
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 $70,000 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 $1,750 per month in Petoskey, MI, renters typically need to show $5,250 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 22.8, 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

Number of Houses for Rent
5
Median Single Family Home Rent
$1,750
Median 3 Bedroom Single Family Home Rent
$2,500
How to Rent a Home