Save This Search

Apartments for Rent in Traverse City, MI under $1500

13 Rentals Available
Apartments for Rent in Traverse City, MI under $1500. 13 Rentals Available
  • 2692 Harbor Hill Dr. 1-2 Beds Apartment for Rent
    Today

    2692 Harbor Hill Dr., Traverse City, MI 49686
    1 BED $899
    2 BEDS $1,000
  • a kitchen with white appliances and wooden cabinets
    Today

    2516 Crossing Circle, Traverse City, MI 49684
    2 BEDS $1,403+
  • a living room with couches and a kitchen
    Today

    340 E. State Street, Traverse City, MI 49684
    STUDIO $1
  • a living room with couches and chairs and a table
    Today

    4155 Sprucewood Dr. Unit, Traverse City, MI 49685
    1 BED $352+
    2 BEDS $418+
    3 BEDS $479+
  • 9965 Reynold Road 2 Beds Apartment for Rent
    Today

    9965 Reynold Road, Traverse City, MI 49684
    2 BEDS $1,500
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • a living room with a dining room table and chairs
    Today

    520 Wellington Street, Traverse City, MI 49686
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room with couches and chairs and a table
    Today

    947 South Garfield Ave, Traverse City, MI 49686
    Income Restricted
    1 BED $373+
    2 BEDS $450+
7-0-city
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Getting around in Traverse City, MI

66 /100
Somewhat Walkable
63 /100
Bikeable
Walk Score®: 66, Bike Score®: 63

Frequently asked questions

When were prices and availability in Traverse City, MI last updated?

Prices and availability in Traverse City, MI were last updated on 19 Feb 2026.

What are the best apartments in Traverse City, MI?

The best apartments in Traverse City, MI are: Sugar Plum Apartments, Breakwater, Edge 72, Emerald Creek Apartments and TC Lofts.

What type of rental buildings are in Traverse City, MI?

In Traverse City 39% of the housing is rented out compared to 61% of homes are owned, according to the most recent Census Bureau estimates. 11% of Traverse City's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 29% are single-family rentals.

Renting apartments in Traverse City, MI under $1,500

Searching for apartments for rent in Traverse City, MI under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Traverse City, MI, where the average rent is $1,027 per month, there are 13 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Traverse City, MI. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Traverse City, MI going for $352 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!