Find property management in Traverse City, MI

Learn what to look for, compare Traverse City management companies, and get free quotes.

The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.

Traverse City Property Managers (1)

Showing all property managers in Traverse City. Describe your property to show only the managers who offer the services you're looking for.

Rental Management One

- Michigan’s choice for highly progressive property management. Our firm services multi-family, single family, vacation and commercial properties throughout the entire “mitten state”. From t... View full company profile
Offices in multiple locations

Market Info

Traverse City Management Companies

Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Traverse City property management companies to find and get quotes from multiple property managers in Traverse City, Michigan. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.

Housing Market Stats

Traverse City vacancy rates comparison with Michigan and nation
Traverse City year property was built distribution chart
Traverse City units in property distribution chart
Traverse City home values distribution chart
Housing Comparison with State and Nation
Traverse CityMichiganU.S.
Median Home Value$173,200$150,500$192,400
Owner Costs > 30% Income16.4%15.5%14.7%
Gross Rent > 30% Income22.5%18.7%19.2%
Source: U.S. Census Bureau - American Community Survey 2006-2008
Traverse City owners vs. renters (ownership ratio) chart
Traverse City rent to price ratio compared to Michigan and nation

Traverse City Housing Market Stats

As of 2008, the rental vacancy rate in Traverse City stood at 11%, relatively high compared to the rest of the country. There are about 78,930 housing units, averaging $173,200 in value, 20% of which are occupied by renters. The rent to price ratio in Traverse City is 0.4%, slightly lower than the Michigan average. For 23% of Traverse City tenants, 30% or more of their income goes to paying rent.

Demographic Stats

Traverse City population, households, and families chart
Traverse City families with children chart
Traverse City age distribution chart
Traverse City educational attainment distribution chart
Community Comparison with State and Nation
Traverse CityMichiganU.S.
Avg Commute Time (minutes)20.722.825.3
Median Age40.636.736.7
Avg Household Size - Owners2.462.642.7
Avg Household Size - Renters2.022.242.42
Median Household Income$47,598$48,310$52,175
Per Capita Income$26,092$25,832$27,466
Source: U.S. Census Bureau - American Community Survey 2006-2008
Traverse City household income distribution chart
Traverse City worker distribution by industry chart

Traverse City Demographic Info

Traverse City has a population of 141,730, comprised of 57,553 households, with on average 2 members per household. Out of approximately 75,437 people in the civilian workforce, 69,286 (92%) were employed in 2008. 91% of the population 25 and older has earned a high school diploma, with 27% holding a 4 year college degree.