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 86% 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 $1,022. 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 $2,262.


1 bedroom	$1,395	1%	77%
2 bedroom	$1,350	2%	116%
3 bedroom	$1,950	No Change	165%
4 bedroom	$2,725	-	-
Studio	$1,659	No Change	-

				Comparables
Apartments	$1,022	No Change	1%
Houses	$2,262	No Change	No Change

Studio

Average rent

$1,659

1 bedroom

Average rent

$1,395

Last 30 days

Last year

77%

2 bedroom

Average rent

$1,350

Last 30 days

Last year

116%

3 bedroom

Average rent

$1,950

Last year

165%

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$1,395

27%

lower than the national median

Median rent price$1,075

43%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 30% 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

$1,075

51%

Last year

Gladstone

$1,175

11%

Last year

Gwinn

$1,395

N/A

Last year

Hancock

$1,390

19%

Last year

Houghton

$827

16%

Last year

Iron Mountain

$955

84%

Last year

Iron River

$1,000

N/A

Last year

Kingsford

$955

22%

Last year

Lake Linden

$1,230

N/A

Last year

Marquette

$1,650

Last year

Munising

$932

22%

Last year

Negaunee

$1,300

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.