Last updated on September 9, 2026

Average rent in
Ishpeming, MI

Median rent

Median rent in Ishpeming

$1,490/mo

increased by105%

vs previous year

The average rent in Ishpeming is $1,490 per month as of September 2026. This is 22% below the national average rent, or $410 less per month.

$1.88

average price per square foot

Total rentals

Available rentals in Ishpeming

12

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Ishpeming rentals at each price point

45%34%23%11%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 Ishpeming, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Ishpeming, MI

Average rent prices in Ishpeming have remained the same over the last month and have increased by 105% 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 $950, whereas a house costs $2,300. 1-bedroom apartments in Ishpeming run $815 on average, while 2-bedroom apartments are $950.

Listings

Studio

$1,834

No Change

-

1 bedroom

$1,200

2%

133%

2 bedroom

$1,322

2%

104%

3 bedroom

$2,500

4%

206%

4 bedroom

$2,500

-

-

Studio

Average rent

$1,834

1 bedroom

Average rent

$1,200

Last 30 days

2%

Last year

133%

2 bedroom

Average rent

$1,322

Last 30 days

2%

Last year

104%

3 bedroom

Average rent

$2,500

Last 30 days

4%

Last year

206%

4 bedroom

Average rent

$2,500

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$1,490
decreased by22%

lower than the national median

Median rent price$1,100
decreased by42%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 35% higher than the median rent in Escanaba, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

Escanaba

$1,100

decreased by40%
Last year
Gladstone

$1,150

N/A
Last year
Gwinn

$1,295

increased by305%
Last year
Hancock

$1,500

increased by60%
Last year
Houghton

$1,260

increased by17%
Last year
Iron Mountain

$977

decreased by89%
Last year

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 & Services11% lower
Groceries15% higher
Health10% higher
Housing15% higher
Transportation27% higher
Utilities2% higher

Discover rentals in Ishpeming, MI

Jasperlite Senior Housing - Photo 1 of 1

5d+ ago

7.7

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

Apartment for rent

Call

Phelps Square - Photo 1 of 1

2d ago

8

Very good

Our team has verified this company

Verified

Phelps Square

700 E North St, Ishpeming, MI 49849

1–3 beds

1–2 baths

$978

Apartment for rent

Call

309 N Maple St #311 - Photo 1 of 1

5d+ ago

House for rent in Ishpeming

309 N Maple St #311, Ishpeming, MI 49849

3 beds

2 baths

$1,500

House for rent

Available Aug 27

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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 $1,490 per month as of September 5, 2026.

Is rent up or down in Ishpeming?

Average rent prices in Ishpeming have remained the same over the last month and have increased by 105% since last year.

How does Ishpeming rent compare to the national average?

Rent in Ishpeming is 22% below the national average, which means renters are paying approximately $410 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 $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).

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