Petoskey, MI rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in Petoskey, MI is $1,600.

Average rent

$1,600

Month-over-month change

$0

Year-over-year change

-$400

Available rentals

14

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $3,000.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8001
$1,3002
$1,4001
$1,5003
$1,6004
$1,9002
$2,0003
$2,1002
$2,2001
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has decreased by $400 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,725$1,800
Feb$600$1,567
Mar$1,900$1,775
Apr$1,963$1,300
May$1,963$1,550
Jun$1,650$2,061
Jul$1,545$1,450
Aug$2,400$1,515
Sep$2,000No data
Oct$2,145No data
Nov$1,800No data
Dec$1,800No data

Market temperature

The Petoskey, MI rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Petoskey, MI is 24% lower than the national average.

Petoskey, MIvs.

$1,600

$2,100

Rent in Petoskey, MI

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Frequently asked questions

1. What is the average rent in Petoskey, MI?

The average rent in Petoskey, MI is $1,600.

2. How much does it cost to rent a house in Petoskey, MI?

Houses in Petoskey, MI rent between $750 - $3,000 with an average rent of $1,600.

3. How has the rent in Petoskey, MI changed in the last year?

In the last year, the rent in Petoskey, MI decreased by $400

4. How much has the rent in Petoskey, MI increased/decreased in the last month?

In the last month, the rent in Petoskey, MI did not change.

5. How many available rentals are there in Petoskey, MI?

There are currently 14 rentals available in Petoskey, MI.

6. How do rent prices in Petoskey, MI compare with the national average?

The average rent in Petoskey, MI is $1,600 — 23.81% lower the national average of $2,100.