Traverse City, MI Rent History
54 months of data, 2022–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,850
1-year change
+3.8%
$67/mo
Monthly rent trend
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Year-by-year rent in Traverse City
| Year | Median rent | YoY change | vs 2022 |
|---|---|---|---|
| 2022 | $1,463/mo | — | 0.0% |
| 2023 | $1,574/mo | +7.6% | +7.6% |
| 2024 | $1,697/mo | +7.8% | +16.0% |
| 2025 | $1,740/mo | +2.5% | +18.9% |
| 2026 | $1,806/mo | +3.8% | +23.4% |
Frequently asked questions
How much has rent in Traverse City changed since 2022?
Median rent in Traverse City, MI was $1,463 in 2022-04 and is $1,850 as of 2026-09 — a change of $387 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 +3.8% ($67/mo). Current median: $1,850.