Last updated on July 25, 2026

Average rent in
Ishpeming, MI

Median rent

Median rent in Ishpeming

$1,200/mo

increased by75%

vs previous year

The average rent in Ishpeming is $1,200 per month as of July 2026. This is 38% below the national average rent, or $730 less per month.

$1.24

average price per square foot

Total rentals

Available rentals in Ishpeming

13

for rent on Zumper.com as of July 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 75% 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 $1,795. 1-bedroom apartments in Ishpeming run $815 on average, while 2-bedroom apartments are $978.

Listings

Studio

$1,834

No Change

-

1 bedroom

$1,976

2%

151%

2 bedroom

$1,372

2%

137%

3 bedroom

$1,675

No Change

178%

4 bedroom

$2,100

-

-

Studio

Average rent

$1,834

1 bedroom

Average rent

$1,976

Last 30 days

2%

Last year

151%

2 bedroom

Average rent

$1,372

Last 30 days

2%

Last year

137%

3 bedroom

Average rent

$1,675

Last year

178%

4 bedroom

Average rent

$2,100

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$1,200
decreased by38%

lower than the national median

Median rent price$1,050
decreased by46%

lower than the national median

Takeaway

The median rent for all rentals in Ishpeming, MI is 14% higher 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 & Services11% lower
Groceries15% higher
Health10% higher
Housing15% higher
Transportation27% higher
Utilities2% higher

Discover rentals in Ishpeming, MI

Phelps Square - Photo 1 of 1

2d ago

8.3

Very good

Phelps Square

700 E North St, Ishpeming, MI 49849

1–3 beds

1–2 baths

$445–$1,066

Apartment for rent

416 Bank St #2 - Photo 1 of 1

1h ago

Apartment for rent in Ishpeming

416 Bank Street - 2

416 Bank St #2, Ishpeming, MI 49849

2 beds

1 bath

$950

Apartment for rent

Available Jul 25

Canda Manor Apartments (Canda Manor 72 LLC) - Photo 1 of 1

2d ago

8.4

Very good

Canda Manor Apartments (Canda Manor 72 LLC)

703 711, 717, 701, 703 W Empire Street, Ishpeming, MI 49849

2 beds

1 bath

$1,150

Apartment for rent

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 $1,200 per month as of July 25, 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 75% 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 $730 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 $48,000/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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