Last updated on October 24, 2026

Average rent in
Ishpeming, MI

Median rent

Median rent in Ishpeming

$1,172/mo

increased by56%

vs previous year

The average rent in Ishpeming is $1,172 per month as of October 2026. This is 38% below the national average rent, or $727 less per month.

$1.40

average price per square foot

Total rentals

Available rentals in Ishpeming

15

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Ishpeming rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Ishpeming, MI

Average rent prices in Ishpeming have decreased by 2% over the last month and have increased by 56% 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 Ishpeming, MI

Rent prices in Ishpeming vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Ishpeming is $978, whereas a house costs $1,775. 1-bedroom apartments in Ishpeming run $1,095 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$1,669

No Change

7%

1 bedroom

$1,115

No Change

54%

2 bedroom

$1,300

No Change

73%

3 bedroom

$1,700

31%

34%

4 bedroom

$82,900

-

-

Studio

Average rent

$1,669

Last year

7%

1 bedroom

Average rent

$1,115

Last year

54%

2 bedroom

Average rent

$1,300

Last year

73%

3 bedroom

Average rent

$1,700

Last 30 days

31%

Last year

34%

4 bedroom

Average rent

$82,900

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

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

Ishpeming

Median rent price$1,172
decreased by38%

lower than the national median

Median rent price$1,250
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 6% lower than the median rent in Escanaba, MI.

Cost of living in Ishpeming, MI

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services12% lower
Groceries22% higher
Health5% higher
Housing13% higher
Transportation39% higher
Utilities1% lower

Discover rentals in Ishpeming, MI

Jasperlite Senior Housing - Photo 1 of 1

22h ago

8.3

Very good

Our team has verified this company

Verified

Jasperlite Senior Housing

550 Cleveland Ave, Ishpeming, MI 49849

1–2 beds

1 bath

Call for price

Call

Phelps Square - Photo 1 of 1

5h ago

9.5

Excellent

Our team has verified this company

Verified

Phelps Square

700 E North St, Ishpeming, MI 49849

1–3 beds

1–2 baths

$978

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Call

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Ishpeming, MI

Quick answers to common questions about the Ishpeming rental market.

How much is rent in Ishpeming?

The average rent in Ishpeming is $1,172 per month as of October 17, 2026.

Is rent up or down in Ishpeming?

Average rent prices in Ishpeming have decreased by 2% over the last month and have increased by 56% since last year.

How does Ishpeming rent compare to the national average?

Rent in Ishpeming is 38% below the national average, which means renters are paying approximately $727 less per month.

What salary do I need to afford rent in Ishpeming?

To comfortably afford rent in Ishpeming, you'd need to earn approximately $47,000/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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