Rentometer, Inc. | Data as of 10/23/2025
Houghton, MI offers a vibrant rental market that blends historic charm with the energy of a university town. Nestled on the Keweenaw Peninsula along the shores of Lake Superior, the city is known for its scenic waterfront, lively downtown, and the presence of Michigan Technological University. This mix of natural beauty, cultural attractions, and academic activity creates strong demand for a variety of housing options, from modern apartments to classic single‑family homes, making Houghton an appealing destination for students, professionals, and families alike.
Apartment living dominates the rental landscape, with a range of one‑ and two‑bedroom units suited to diverse lifestyles. One‑bedroom apartments typically rent in the $900‑$1,100 range, while two‑bedroom units hover around $1,000, providing affordable choices for those seeking convenience and comfort. Many rentals are located within walking distance of campus, the bustling Main Street district, and popular landmarks such as the Houghton County Historical Museum and the scenic Houghton Waterfront Trail, offering easy access to dining, shopping, and outdoor recreation.
The surrounding neighborhoods, including the historic Copper Ridge area and the vibrant Downtown district, each bring their own character to the market. Residents enjoy a blend of historic architecture, modern amenities, and a strong sense of community. Whether you’re drawn by the lakefront views, the university atmosphere, or the rich mining heritage, Houghton’s rental market delivers a welcoming environment for a wide array of renters looking to call this dynamic Michigan city home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $950 | $1,100 | $600 - $1,150 | $800 - $1,100 |
| Apartment | 2 Bedroom | $1,025 | $1,000 | $725 - $1,400 | $900 - $1,100 |
In the current period, the average rent in Houghton, MI was
$950 for 1 Bedroom, and
$1,088 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.