Traverse City, MI Rent History
52 months of data, 2022–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,923
1-year change
+2.3%
$43/mo
Monthly rent trend
Loading…
Year-by-year rent in Traverse City
| Year | Median rent | YoY change | vs 2022 |
|---|---|---|---|
| 2022 | $1,577/mo | — | 0.0% |
| 2023 | $1,698/mo | +7.7% | +7.7% |
| 2024 | $1,819/mo | +7.1% | +15.3% |
| 2025 | $1,832/mo | +0.7% | +16.2% |
| 2026 | $1,928/mo | +5.2% | +22.3% |
Frequently asked questions
How much has rent in Traverse City changed since 2022?
Median rent in Traverse City, MI was $1,577 in 2022-04 and is $1,923 as of 2026-07 — a change of $346 per month over 4 years.
Is rent in Traverse City going up or down year over year?
Year over year, median rent in Traverse City, MI has increased +2.3% ($43/mo). Current median: $1,923.