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Traverse City, MI Condos for Rent

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  • /7

    $1,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    4210 Mitchell Creek Dr Unit 6, Traverse City, MI 49686

    6 TO 9 MONTH LEASE. Large 1-bedroom Traverse City condo. $1,400 per month rent includes utilities. Furnished. Carport. Great location, two blocks from East Bay with TART bike trail next to property. Clean and quiet, very private with deck overlooking woods. Stackable washer-dryer hookup. No smoking in unit or anywhere on property per association regulations. No pets. Please contact us via email.

    4210 Mitchell Creek Dr Unit 6, Traverse City, MI 49686
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    $1,740

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    449 Munson Place Unit Munson Place Apartments, Traverse City, MI 49686

    Great Traverse City Location! Next door to Northwestern College at the base of Old Mission Peninsula, East Bay Beach. Walk to Starbucks, breakfast, and local elementary school. One block from Munson Medial Foster Family Center. Large 2 bedroom 2 bathroom apartment with private nicely landscaped patio, large private storage and washer/dryer included. Well maintained property and heavily landscaped.

    449 Munson Place Unit Munson Place Apartments, Traverse City, MI 49686
  • /7

    $1,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    4210 Mitchell Creek Dr Unit 6, Traverse City, MI 49686

    6 TO 9 MONTH LEASE. Large 1-bedroom Traverse City condo. $1,400 per month rent includes utilities. Furnished. Carport. Great location, two blocks from East Bay with TART bike trail next to property. Clean and quiet, very private with deck overlooking woods. Stackable washer-dryer hookup. No smoking in unit or anywhere on property per association regulations. No pets. Please contact us via email.

    4210 Mitchell Creek Dr Unit 6, Traverse City, MI 49686
  • /9

    $1,740

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    449 Munson Place Unit Munson Place Apartments, Traverse City, MI 49686

    Great Traverse City Location! Next door to Northwestern College at the base of Old Mission Peninsula, East Bay Beach. Walk to Starbucks, breakfast, and local elementary school. One block from Munson Medial Foster Family Center. Large 2 bedroom 2 bathroom apartment with private nicely landscaped patio, large private storage and washer/dryer included. Well maintained property and heavily landscaped.

    449 Munson Place Unit Munson Place Apartments, Traverse City, MI 49686
  • /9

    $1,740 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    441 Munson Place Unit 449/2, Traverse City, MI 49686

    Perfect location for this 2 bedroom 2 bathroom, ground floor, Large 1000 square foot apartment next door to Northwestern College at the base of Old Mission Peninsula. Walk to East Bay Beach, Starbucks or breakfast. A short bike ride to Tart Trail, Downtown and Waterfront Parks. Newly installed enlarged patios and landscape to provide a semi private yard for barbecues, reading and enjoying the

    441 Munson Place Unit 449/2, Traverse City, MI 49686
  • /24

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • 507 Sq Ft
    • Condo for Rent

    124 Beech St Unit 203, Traverse City, MI 49684

    Enjoy easy downtown living in this beautifully maintained 1-bedroom, 1-bath condo! Located on the second floor of a secure, elevator-equipped building, this inviting home features an updated sliding glass door that opens to a private balcony—perfect for morning coffee or relaxing evenings.Conveniently located near the hospital, shopping, dining, and all that downtown Traverse City has to

    124 Beech St Unit 203, Traverse City, MI 49684
  • /24

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • 507 Sq Ft
    • Condo for Rent

    124 Beech St Unit 203, Traverse City, MI 49684

    Enjoy easy downtown living in this beautifully maintained 1-bedroom, 1-bath condo! Located on the second floor of a secure, elevator-equipped building, this inviting home features an updated sliding glass door that opens to a private balcony—perfect for morning coffee or relaxing evenings.Conveniently located near the hospital, shopping, dining, and all that downtown Traverse City has to

    124 Beech St Unit 203, Traverse City, MI 49684
  • /19

    $2,775 Per Month

    • 3 Beds
    • 2 Baths
    • 1,446 Sq Ft
    • Condo for Rent

    1502 Simsbury St Unit 1502 Simsbury #7, Traverse City, MI 49684

    Located within the highly desirable Premier Place II Condominiums, this exceptional offering direct access to the scenic Boardman Lake.Each residence includes a private, one-car detached garage, providing both convenience and additional storage. The interiors feature cohesive, contemporary finishes with a blend of durable vinyl plank flooring and plush carpeted areas. Smooth drywall walls and

    1502 Simsbury St Unit 1502 Simsbury #7, Traverse City, MI 49684
  • /9

    $1,740 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    441 Munson Place Unit 449/2, Traverse City, MI 49686

    Perfect location for this 2 bedroom 2 bathroom, ground floor, Large 1000 square foot apartment next door to Northwestern College at the base of Old Mission Peninsula. Walk to East Bay Beach, Starbucks or breakfast. A short bike ride to Tart Trail, Downtown and Waterfront Parks. Newly installed enlarged patios and landscape to provide a semi private yard for barbecues, reading and enjoying the

    441 Munson Place Unit 449/2, Traverse City, MI 49686

Frequently Asked Questions

How much does it cost to rent a condo in Traverse City, MI?
The median rent for a condo in Traverse City, MI is $1,740 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Traverse City, MI?
To comfortably afford the median rent in Traverse City, MI, a household needs to earn roughly $77,000 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 $1,925 per month in Traverse City, MI, renters typically need to show $5,775 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 Traverse City, MI?
In Traverse City, MI, the price-to-rent ratio is 19.2, 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

Number of Condos for Rent
9
Median Condo Rent
$1,740
Median 1 Bedroom Condo Rent
$1,400
Median 2 Bedroom Condo Rent
$1,740
Median 3 Bedroom Condo Rent
$2,775
How to Rent a Home