Petoskey, MI rental market
Last updated August 26, 2025
Rental market summary
The average rent for all bedrooms and all property types in Petoskey, MI is $1,600.
$1,600
+$17
-$400
14
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $800 to $3,000.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $800 | 2 |
| $1,300 | 2 |
| $1,400 | 1 |
| $1,500 | 3 |
| $1,600 | 4 |
| $1,700 | 1 |
| $1,900 | 2 |
| $2,000 | 2 |
| $2,100 | 2 |
| $2,200 | 1 |
| $2,900 | 1 |
| $3,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $400 compared to the previous year.
| 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 | $2,000 | No data |
| Oct | $2,145 | No data |
| Nov | $1,800 | No data |
| Dec | $1,800 | No 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.
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.
$1,600
$2,100
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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 $800 - $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 increased by $17
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.