Traverse City, MI Rent History
51 months of data, 2022–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$2,005
1-year change
+8.3%
$154/mo
Monthly rent trend
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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 $2,005 as of 2026-06 — a change of $428 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 +8.3% ($154/mo). Current median: $2,005.