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 128% 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 $1,066. 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 $2,885.


1 bedroom	$1,200	8%	129%
2 bedroom	$1,350	9%	114%
3 bedroom	$2,200	No Change	193%
4 bedroom	$3,500	-	-
Studio	$1,669	No Change	-

				Comparables
Apartments	$1,066	1%	No Change
Houses	$2,885	No Change	No Change

Studio

Average rent

$1,669

1 bedroom

Average rent

$1,200

Last 30 days

Last year

129%

2 bedroom

Average rent

$1,350

Last 30 days

Last year

114%

3 bedroom

Average rent

$2,200

Last year

193%

4 bedroom

Average rent

$3,500

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.

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$1,600

18%

lower than the national median

Median rent price$975

50%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 64% 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

$975

25%

Last year

Gladstone

$950

N/A

Last year

Gwinn

$1,834

131%

Last year

Hancock

$1,390

Last year

Houghton

$797

22%

Last year

Iron Mountain

$955

87%

Last year

Iron River

$1,000

N/A

Last year

Kingsford

$955

32%

Last year

Lake Linden

$827

40%

Last year

Marquette

$1,621

12%

Last year

Munising

$1,039

17%

Last year

Negaunee

$1,400

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.