Rent Trends for Apartments in Traverse City

May 2026

Bedroom count	Traverse City	vs Last Month
Studio	$1,148	No change
1 Bedroom	$1,400	down 3.45%
2 Bedroom	$1,800	No change
3 Bedroom	$2,550	up 8.51%
4 Bedroom	$3,145	up 1.62%

Median rent as of May 24, 2026

This May, we've analyzed our 156 listings in Traverse City to determine the rent trend. We're updating our tables in real time to give you the most up to date Traverse City median apartment rent prices by bedroom count.

The median rent for a studio apartment remained the same at $1,148, while the median rent for a 1 bedroom apartment remained the same at $1,400.

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Apartment Types in Traverse City

Find Your Dream Apartment for Rent in Traverse City

PadMapper has 156 condos, houses, and apartments for rent in Traverse City. Specifically, 3 studio apartments, 39 one-bedroom apartments, 62 two-bedroom apartments, 37 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

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