4+ Bedroom Apartment Rent in Traverse City, MI
Median asking rent for a 4+ bedroom apartment in Traverse City, Michigan as of August 2026. That's +13% lower than the citywide median of $1,923 and +34% below the national 4+ bedroom median of $2,522.
Income needed for a 4+ bedroom in Traverse City
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 4+ bedroom at the current median rent.
Rent by apartment size in Traverse City
Compare Traverse City's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Michigan
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Mount Pleasant | $1,300 |
| 2 | Flint | $1,360 |
| 3 | Saginaw | $1,425 |
| 4 | Muskegon | $1,430 |
| 5 | Lansing | $1,463 |
| 6 | Dewitt | $1,500 |
| 7 | Adrian | $1,510 |
| 8 | Grand Ledge | $1,520 |
| 9 | Battle Creek | $1,543 |
| 10 | Grand Blanc | $1,550 |
| 11 | Mount Clemens | $1,550 |
| 12 | Port Huron | $1,550 |
| 13 | Taylor | $1,550 |
| 14 | Wayne | $1,550 |
| 15 | Wyandotte | $1,550 |
Most expensive cities for a 4+ bedroom in Michigan
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Birmingham | $2,740 |
| 2 | Rochester | $2,700 |
| 3 | West Bloomfield | $2,490 |
| 4 | Bloomfield Hills | $2,490 |
| 5 | Commerce Township | $2,450 |
| 6 | Northville | $2,410 |
| 7 | Ann Arbor | $2,395 |
| 8 | Troy | $2,380 |
| 9 | Novi | $2,370 |
| 10 | Canton | $2,305 |
| 11 | Rochester Hills | $2,290 |
| 12 | Grosse Pointe Park | $2,290 |
| 13 | New Hudson | $2,280 |
| 14 | Howell | $2,270 |
| 15 | Allendale | $2,250 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 4+ bedroom rents than Traverse City.
| City | Distance | 4+ Bedroom rent | vs Traverse City |
|---|---|---|---|
| Mount Pleasant, MI | 96.5 mi | $1,300 | $-375 (-22%) |
| Muskegon, MI | 109 mi | $1,430 | $-245 (-15%) |
| Greenville, MI | 110.3 mi | $1,770 | +$95 (+6%) |
| Midland, MI | 119.4 mi | $1,585 | $-90 (-5%) |
| Grand Rapids, MI | 121.4 mi | $2,106 | +$431 (+26%) |
| Walker, MI | 122.9 mi | $2,060 | +$385 (+23%) |
| Allendale, MI | 123.5 mi | $2,250 | +$575 (+34%) |
| Grand Haven, MI | 124 mi | $1,880 | +$205 (+12%) |
| Wyoming, MI | 127.2 mi | $1,890 | +$215 (+13%) |
| Kentwood, MI | 127.6 mi | $2,013 | +$338 (+20%) |
| Grandville, MI | 128.7 mi | $2,010 | +$335 (+20%) |
| Zeeland, MI | 132.9 mi | $1,860 | +$185 (+11%) |
4+ Bedroom rent in Traverse City — common questions
How much is a 4+ bedroom apartment in Traverse City?
As of August 2026, the median 4+ bedroom apartment rent in Traverse City, Michigan is $1,675 per month. This is +13% below the citywide median of $1,923.
What income do you need to afford a 4+ bedroom in Traverse City?
Using the standard 30% rent-to-income rule, you would need an annual income of about $67,000 ($5,583/month gross), which works out to roughly $32.21/hour at a full-time job.
Is Traverse City expensive for a 4+ bedroom compared to the rest of the US?
Traverse City's 4+ bedroom median of $1,675 is +34% below the national 4+ bedroom median of $2,522. It ranks in the 15th percentile of US cities tracked.
How does Traverse City rank for 4+ bedroom rent in Michigan?
Among the 91 cities in Michigan with 4+ bedroom data, Traverse City ranks #26 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Traverse City?
Yes — nearby cities with cheaper 4+ bedroom rents include Mount Pleasant ($1,300), Muskegon ($1,430), Midland ($1,585).