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-Known as the Cherry Capital of the World, Traverse City sits at the head of Grand Traverse Bay, offering residents stunning water views and access to over 180 miles of Lake Michigan shoreline. This northern Michigan gem hosts the National Cherry Festival each July, attracting 500,000 visitors, but maintains its small-town atmosphere throughout the year. Rental options include renovated historic buildings in the Warehouse District, apartment communities along the bay, and townhomes nestled in established neighborhoods like Central and Old Towne.
The Boardman River flows through downtown Traverse City, creating scenic settings for local restaurants, shops, and cultural venues. The walkable downtown area features independent boutiques, while the Slabtown and Boardman neighborhoods offer historic homes and smaller apartment buildings. Two American Viticultural Areas with over 50 wineries are just minutes from town, making wine tasting a popular weekend activity.
Healthcare and tourism drive the local economy, with Munson Medical Center serving as a major employer. Most residents reach work in under 15 minutes. The Bay Area Transportation Authority provides public transportation throughout the region. Residents enjoy beaches in summer, fall colors, skiing in winter, and hiking trails in spring. With average one-bedroom rents around $1,428, Traverse City combines natural surroundings with comfortable living options.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Traverse City, MI?
Apartment averages in Traverse City, MI varies based on size.
- $1,512 for a 1-bedroom apartment in Traverse City, MI
- $1,802 for a 2-bedroom apartment in Traverse City, MI
- $2,124 for a 3-bedroom apartment in Traverse City, MI
- $1,759 for a 4-bedroom apartment in Traverse City, MI
Rental Requirements
Can I find a short-term apartment in Traverse City, MI?
There are 164 short-term apartments in Traverse City, MI.
Transportation
How do people usually get around Traverse City, MI?
Residents in Traverse City, MI usually get around by car. According to Walk Score, Traverse City, MI falls within the Car Dependent range.
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