Last updated on June 10, 2026

Average rent in
Iron Mountain, MI

Median rent

Median rent in Iron Mountain

$955/mo

decreased by90%

vs previous year

The average rent in Iron Mountain is $955 per month as of June 2026. This is 51% below the national average rent, or $995 less per month.

$1.30

average price per square foot

Total rentals

Available rentals in Iron Mountain

1

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Iron Mountain rentals at each price point

100%75%50%25%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 Iron Mountain, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Iron Mountain, MI

Average rent prices in Iron Mountain have remained the same over the last month and have decreased by 90% 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 Iron Mountain, MI

Rent prices in Iron Mountain vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Iron Mountain is $955. 1-bedroom apartments in Iron Mountain run $885 on average, while 2-bedroom apartments are $955.

Listings

1 bedroom

$885

-

3%

2 bedroom

$955

No Change

3%

3 bedroom

$1,000

-

3%

1 bedroom

Average rent

$885

Last year

3%

2 bedroom

Average rent

$955

Last year

3%

3 bedroom

Average rent

$1,000

Last year

3%

The table above reflects average rent prices in Iron Mountain, 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 Iron Mountain, MI compare to other cities?

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

Iron Mountain

Median rent price$955
decreased by51%

lower than the national median

Median rent price$950
decreased by51%

lower than the national median

Takeaway

The median rent for all rentals in Iron Mountain, MI is 1% higher than the median rent in Escanaba, MI.

Discover rentals in Iron Mountain, MI

Herzog Rd - Photo 1 of 1

4d ago

Apartment for rent in Iron Mountain

MANUFACTURED - Other - Iron Mountain, MI

Herzog Rd, Iron Mountain, MI 49801

2 beds

2 baths

$1,400

Apartment for rent

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Frequently asked questions for Iron Mountain, MI

Quick answers to common questions about the Iron Mountain rental market.

How much is rent in Iron Mountain?

The average rent in Iron Mountain is $955 per month as of June 6, 2026.

Is rent up or down in Iron Mountain?

Average rent prices in Iron Mountain have remained the same over the last month and have decreased by 90% since last year.

How does Iron Mountain rent compare to the national average?

Rent in Iron Mountain is 51% below the national average, which means renters are paying approximately $995 less per month.

What salary do I need to afford rent in Iron Mountain?

To comfortably afford rent in Iron Mountain, you'd need to earn approximately $38,000/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).

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