Apartments in 49770

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Bear Creek Meadows Apartment for rent in Petoskey, MI
$1,260
1600 Bear Creek Ln Petoskey, MI
3 BR | Available Now
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Find an Apartment in 49770
If you're searching for apartments for rent in 49770 Petoskey, MI, look no further! Rentable has a variety of rental options available in the 49770 zip code. Currently, there are 2 units for rent in this area.

Petoskey, MI is a beautiful city with plenty of amenities and attractions nearby. Enjoy the outdoors at nearby parks such as Petoskey State Park and Bear River Valley Recreation Area. Take a stroll downtown and explore the charming shops, restaurants, and cafes. If you enjoy outdoor activities, the Little Traverse Wheelway is perfect for biking and walking.

Whether you're looking for a cozy studio apartment or a spacious family home, Rentable has a variety of options to suit your needs. Take a look at the apartments near 49770 Petoskey, MI on Rentable and find your next rental today!

Petoskey:
May Rent Report

Welcome to the May 2025 Petoskey Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 key findings and figures for the Petoskey rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Petoskey and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Petoskey average rent prices in the chart below.

Monthly Rent Report

$2,400
$1,800
$1,200
$600
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR       2 BR

Petoskey Rent Prices Increase From April to May

Petoskey rent prices increased over the last month. From April to May, the city experienced a 24.92% increase for the price of a one-bedroom apartment. The rent price for a Petoskey one-bedroom apartments currently stands at $1,143.0.

When we take a look at the two-bedroom comparison from April to May, Petoskey experienced a 1.67% increase for the price of a two-bedroom apartment. The rent price for a Petoskey two-bedroom apartments currently stands at $1,700.0.

May Prices: Petoskey vs. Surrounding Areas

Rent Prices in Petoskey and Surrounding Areas

Rent prices have increased in Petoskey over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Petoskey suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Petoskey suburbs

  • Rents did not decrease in any of the Petoskey suburbs.

May 2025 Pricing Trends: Petoskey vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Petoskey Rent Prices More Affordable Than Major Cities

Rent growth in Petoskey over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Petoskey average rent prices appear to be relatively affordable for local residents.

The price for a Petoskey one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Petoskey and surrounding area rent prices, take a look at the complete data set below.

Data set for Petoskey and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.