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Affordable apartments in Traverse City, Michigan

17 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

17 lihtc

Buildings

VILLAGE GLEN APTS (TRAVERSE CITY)

LIHTC
2937 GLEN DR, TRAVERSE CITY, MI, 49686
Income-restricted units
119 of 120
Year placed in service
2006
Bedroom mix
82 2BR · 38 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

WODA BOARDMAN LAKE

LIHTC
2790 BOARDMAN LAKE DRIVE, TRAVERSE CITY, MI, 49684
Income-restricted units
112 of 112
Year placed in service
2015
Bedroom mix
46 1BR · 50 2BR · 12 3BR · 4 4+BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

BAY HILL

LIHTC
600 BAY HILL DRIVE, TRAVERSE CITY, MI, 49684
Income-restricted units
90 of 150
Year placed in service
2015
Bedroom mix
28 1BR · 100 2BR · 22 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

BROOKSIDE COMMONS

LIHTC
NORTH LONG LAKE ROAD, TRAVERSE CITY, MI, 49685
Income-restricted units
72 of 72
Year placed in service
2015
Bedroom mix
16 1BR · 36 2BR · 20 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

THE VILLAGE AT BAY RIDGE

LIHTC
3848 SILVER LAKE RD, TRAVERSE CITY, MI, 49684
Income-restricted units
51 of 120
Year placed in service
2000
Bedroom mix
75 1BR · 45 2BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

BAY HILL I

LIHTC
708 BAY HILL DR, TRAVERSE CITY, MI, 49684
Income-restricted units
45 of 150
Year placed in service
1998
Bedroom mix
28 1BR · 100 2BR · 22 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

630 LOFTS

LIHTC
630 COTTAGEVIEW DRIVE, TRAVERSE CITY, MI, 49684
Income-restricted units
39 of 39
Year placed in service
2011
Bedroom mix
3 studio · 21 1BR · 15 2BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

CARSON SQUARE

LIHTC
800-900 BLOCK OF CARSON STREET, TRAVERSE CITY, MI, 48686
Income-restricted units
36 of 36
Year placed in service
2016
Bedroom mix
20 1BR · 16 2BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

BAY HILL II

LIHTC
600 BAY HILL DR, TRAVERSE CITY, MI, 49684
Income-restricted units
36 of 72
Year placed in service
2000
Bedroom mix
16 1BR · 40 2BR · 16 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

BOARDMAN LAKE APTS II

LIHTC
2864 BOARDMAN LAKE DR, TRAVERSE CITY, MI, 49684
Income-restricted units
32 of 32
Year placed in service
1989

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

TC COMMONS II

LIHTC
1015 RED DR, TRAVERSE CITY, MI, 49684
Income-restricted units
29 of 29
Year placed in service
2012
Bedroom mix
15 1BR · 11 2BR · 3 3BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

KEYSTONE VILLAGE APTS

LIHTC
2943 KEYSTONE RD N, TRAVERSE CITY, MI, 49686
Income-restricted units
24 of 24
Year placed in service
2010
Bedroom mix
6 1BR · 18 2BR

Estimated total housing cost: $1,021 rent + $128 utilities = $1,149/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 17. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Michigan

Residential electricity in Michigan runs about 20.19¢/kWh, with a typical monthly residential electric bill near $128. Natural gas runs about $13.39/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Traverse City, MI

Metro-level
BedroomsLocal FMRNational median
Studio$868n/a
1 bedroom$970n/a
2 bedroom$1,021$1,502
3 bedroom$1,327n/a
4 bedroom$1,532n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Grand Traverse County, MI

Traverse City, MI. FY2025. Area median income: $106,100.

Household size30% AMI50% AMI80% AMI
1 person$22,300$37,150$59,450
2 people$25,500$42,450$67,950
3 people$28,700$47,750$76,450
4 people$32,150$53,050$84,900
5 people$37,650$57,300$91,700
6 people$43,150$61,550$98,500
7 people$48,650$65,800$105,300
8 people$54,150$70,050$112,100

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Michigan cities

See all affordable-rental cities in Michigan

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Traverse City cost-of-living and Fair Market Rent overview