Last updated on May 29, 2026

Average rent in
Hancock, MI

Median rent

Median rent in Hancock

$1,500/mo

decreased by9%

vs previous year

The average rent in Hancock is $1,500 per month as of May 2026. This is 23% below the national average rent, or $450 less per month.

$2.57

average price per square foot

Total rentals

Available rentals in Hancock

9

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Hancock rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Hancock, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Hancock, MI

Average rent prices in Hancock have decreased by 7% over the last month and have decreased by 9% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Hancock, MI

Rent prices in Hancock vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Hancock is $701, whereas a house costs $2,175. 1-bedroom apartments in Hancock run $643 on average, while 2-bedroom apartments are $797.

Listings

1 bedroom

$585

1%

3%

2 bedroom

$797

No Change

23%

3 bedroom

$1,950

36%

14%

4 bedroom

$2,600

3%

8%

1 bedroom

Average rent

$585

Last 30 days

1%

Last year

3%

2 bedroom

Average rent

$797

Last year

23%

3 bedroom

Average rent

$1,950

Last 30 days

36%

Last year

14%

4 bedroom

Average rent

$2,600

Last 30 days

3%

Last year

8%

The table above reflects average rent prices in Hancock, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Hancock, MI compare to other cities?

Compare median rent prices in Hancock and Escanaba by all bedroom counts and property types.

Hancock

Median rent price$1,500
decreased by23%

lower than the national median

Median rent price$950
decreased by51%

lower than the national median

Takeaway

The median rent for all rentals in Hancock, MI is 58% higher than the median rent in Escanaba, MI.

Discover rentals in Hancock, MI

Scott Building - Photo 1 of 1

3d ago

8.3

Very good

Scott Building

103 E Quincy St, Hancock, MI 49930

1–2 beds

1 bath

$643–$827

Apartment for rent

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Frequently asked questions for Hancock, MI

Quick answers to common questions about the Hancock rental market.

How much is rent in Hancock?

The average rent in Hancock is $1,500 per month as of May 23, 2026.

Is rent up or down in Hancock?

Average rent prices in Hancock have decreased by 7% over the last month and have decreased by 9% since last year.

How does Hancock rent compare to the national average?

Rent in Hancock is 23% below the national average, which means renters are paying approximately $450 less per month.

What salary do I need to afford rent in Hancock?

To comfortably afford rent in Hancock, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Hancock