Average Rent in Ishpeming, MI and Rent Price Trends

Rent price trends in
Ishpeming, MI

Rent price trends

Rent prices for all bedroom counts and property types in Ishpeming, MI have remained the same in the last month and have increased by 33% in the last year.

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

Rent comparables in
Ishpeming, MI
The monthly rent for an apartment in Ishpeming, MI is $985. A 1-bedroom apartment in Ishpeming, MI costs about $815 on average, while a 2-bedroom apartment is $978. Houses for rent in Ishpeming, MI are more expensive, with an average monthly cost of $1,650.


1 bedroom	$1,642	1%	67%
2 bedroom	$2,200	3%	110%
3 bedroom	$1,800	4%	176%
4 bedroom	$2,725	-	-
Studio	$1,659	No Change	6%

				Comparables
Apartments	$985	3%	No Change
Houses	$1,650	No Change	No Change

Studio

Average rent

$1,659

Last year

1 bedroom

Average rent

$1,642

Last 30 days

Last year

67%

2 bedroom

Average rent

$2,200

Last 30 days

Last year

110%

3 bedroom

Average rent

$1,800

Last 30 days

Last year

176%

4 bedroom

Average rent

$2,725

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.

Compare rent prices in Ishpeming, MI to other cities

Median rent prices in Ishpeming, MI for all bedroom counts and property types compared to Escanaba, MI.

Ishpeming

Median rent price$1,195

37%

lower than the national median

Median rent price$1,000

47%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 20% higher than the median rent in Escanaba, MI.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Escanaba

$1,000

12%

Last year

Gladstone

$1,100

38%

Last year

Gwinn

$1,195

N/A

Last year

Hancock

$1,475

18%

Last year

Houghton

$1,295

Last year

Iron Mountain

$955

43%

Last year

Iron River

$1,000

N/A

Last year

Kingsford

$950

35%

Last year

Lake Linden

$985

N/A

Last year

Marquette

$1,650

Last year

Munising

$932

49%

Last year

Negaunee

$1,297

Last year

Cost of living in
Ishpeming, MI

The overall cost of living in Ishpeming, MI is 4% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.