City

Average Rent in Traverse City, Michigan

Traverse City is a city in Michigan. It ranks #37 out of 352 for places to rent. Traverse City is in
the counties of
Grand Traverse County, Leelanau County and
the metropolitan areas of
Alpena, MI MSA, Traverse City, MI MSA. Dwellsy has rental data for Traverse City includes
the zip codes of
49684, 49686, no sections, no neighborhoods and no rental communities with places to rent.
The average rent over the last 3 months for places in Traverse City is $2,328 which represents an increase of 12.8% over the same period.

The most expensive zip code in Traverse City to rent places is 49684 with an average rent of $2,292. The least expensive zip code in Traverse City to rent places is 49686 with an average rent of $2,265.

Rental Price Comparison

The average rent for places in city Traverse City currently stands at $2,328.
In comparison, places in the largest zip, specifically 49686, is less expensive, with an average rent of $2,265. This represents a difference of -3% when compared to Traverse City.
Meanwhile, in the average state of Michigan, the average rent for the same type of housing is $1,484, showing a less expensive of -36% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a less expensive by -20% when compared to the rent in Traverse City.
$2,328
Traverse City
VS
$2,265
-3%
49686, zip
$1,484
-36%
MI, state
$1,859
-20%
USA, us

Average price for rental listings over the last 3 months. Last updated May 31 2026

Zip Codes in Traverse City, MI

49684$2,292
49686$2,265