Rent by ZIP · Leelanau County
Rent in Traverse City, MI 49684
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,450 (+5.1% vs FY2026). Renters in this ZIP code pay a median $1,306 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,210 | $1,120 | +8% | $1,089–1,331 | – |
| 1 bedroom | $1,230 | $1,190 | +3.4% | $1,107–1,353 | $984 ±$356 |
| 2 bedrooms | $1,450 | $1,380 | +5.1% | $1,305–1,595 | $1,303 ±$99 |
| 3 bedrooms | $1,850 | $1,750 | +5.7% | $1,665–2,035 | $1,455 ±$360 |
| 4 bedrooms | $1,940 | $1,830 | +6% | $1,746–2,134 | – |
Small Area FMRs for the Leelanau County, MI HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Leelanau County, MI HUD Metro FMR Area, 2 bedrooms: $1,500.
What renters pay in 49684
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 49683 | Thompsonville | $1,230 | $747 |
| 49685 | Traverse City | $1,600 | $1,623 |
| 49682 | Suttons Bay | $1,490 | $1,125 |
| 49686 | Traverse City | $1,430 | $1,227 |
| 49680 | South Boardman | $1,230 | $931 |
| 49688 | Tustin | $1,420 | $1,160 |
Fair Market Rents across Leelanau County, MI · All MI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.