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127 S Stephenson Ave
127 S Stephenson Ave, Iron Mountain, MI 49801, USA

House for rent
Monthly rent
$700–$950
BedsStudio
Baths0
Sqft400–630
modified
5+ Days Ago

Units

127 S Stephenson Ave Iron Mountain, MI

New Listing

100

Studio

– Baths

$700

Listed on 11/24/2025
Listed by RYAN GORDON
Days on market: 11
Property Status: Active A perfect downtown office space to suit any type of business! This 400 sq ft first-floor unit in the historic Stephenson Court Building is located in the heart of downtown's hub and activity. It offers tons of natural light and large windows overlooking Stephenson Avenue, great for traffic/visibility and advertising. The unit is move-in ready and adaptable for your style and professional needs, with parking available in the rear and on the street. Office Phone: (906) 774-8570 Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

201

Studio

– Baths

$950

Listed on 11/24/2025
Listed by RYAN GORDON
Days on market: 11
Property Status: Active A perfect downtown office space to suit any type of business! This 630 sq ft second-floor unit in the historic Stephenson Court Building is located in the heart of downtown's hub and activity. It offers tons of natural light and overlooks Stephenson Avenue, great for traffic/visibility and advertising. This unit offers both stairway and elevator access in addition to multiple restrooms on the second floor, with parking available in the rear and on the street. Office Phone: (906) 774-8570 Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 127 S Stephenson Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Elevator
  • Business Center

Policies at 127 S Stephenson Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 127 S Stephenson Ave

HomeHouses in Iron Mountain 127 South Stephenson Avenue #201, Iron Mountain, Michigan 49801, United States

Interested in leasing 127 S Stephenson Ave, Iron Mountain, MI 49801, USA? Currently, 127 S Stephenson Ave, Iron Mountain, MI 49801, USA is available to rent or lease. It is a studio house. Below, you can compare the rent price at 127 S Stephenson Ave, Iron Mountain, MI 49801, USA vs overall rent prices in Iron Mountain, MI. We have compiled nearby businesses and things to do close to 127 S Stephenson Ave, Iron Mountain, MI 49801, USA.

Address details

Units2
Units available2
City
Zip code49801

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 127 S Stephenson Ave, Iron Mountain, MI 49801, USA compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address

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Rent trends in Iron Mountain

Studio apartments at 127 South Stephenson Avenue #201 cost about 31% less than the average rent price for studios in Iron Mountain.

Median rents as of Nov 29 2025.
Iron Mountain
A table of studio rental data trends in Iron Mountain
MonthMedian Rent
December 2023$1,427
January 2024$5,484
February 2024$3,455
March 2024$1,579
April 2024$2,190
May 2024$2,953
June 2024$2,953
July 2024$2,953
August 2024$2,772
September 2024$2,727
October 2024$2,727
November 2024$2,727
December 2024$4,218
January 2025$5,484
February 2025$5,484
March 2025$6,295
April 2025$8,588
May 2025$8,779
June 2025$9,541
July 2025$9,541
August 2025$9,541
September 2025$9,541
October 2025$9,541
November 2025$5,370

Affordability calculator

Can I afford to live at 127 S Stephenson Ave?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$33,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this studio median monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 127 South Stephenson Avenue, Iron Mountain, MI.
5 years ago$350Studio0 bath
6 years ago$750Studio0 bath

Schools near 127 South Stephenson Avenue #201

North Elementary School

900 5th st

iron mountain, MI, 49801

K-4Public
B+
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Getting around Iron Mountain near 127 S Stephenson Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 127 S Stephenson Ave, Iron Mountain

Groceries

6/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

5/10
Some bars within a few minutes’ walk

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