Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
Viewing 1 of 1 rentals near Nisula
What to Know About
Life in Nisula & Beyond
Nisula shares many of the great qualities that make Michigan a desirable place to live.
Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.
The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.
Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.
Rental Market Trends
Houghton County, MI
As of June 2026, Houghton County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Houghton County's average rent is 25.7% ($367) lower than the Michigan average of $1,429 and 40.9% ($735) lower than the U.S. average of $1,797.
Average Rent
$1,062
Monthly ChangeMonth Over Month Change
3.6% ($40)
Yearly ChangeYear Over Year Change
12% ($114)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $778 | No change | 8.7% ($62) |
| 2 Beds | $1,021 | 2.2% ($23) | 12.8% ($116) |
| 3 Beds | $1,382 | 6.7% ($100) | 15.1% ($181) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Houghton County Rental Market FAQs
Explore rental prices, market trends, and availability in Houghton County, MI.
The average rent in Houghton County, MI is $1,062 per month.
Homes in Houghton County typically rent for between $600 and $1,797 per month, with an average of $1,062 per month.
In Houghton County, the average rent for a 1-bedroom home is $778 per month, for a 2-bedroom home, $1,021 per month, and a 3-bedroom home is $1,382 per month.
The average rent in Houghton County is 40.9% ($735) lower than the national average of $1,797 per month.
The average rent in Houghton County has decreased by 3.6% ($40) in the last month and increased by 12.0% ($114) over the past year.
The rental market in Houghton County, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Houghton County, MI, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Houghton County, MI.
Based on the current averages, a household would need an annual income of $40,840 to comfortably afford a 2-bedroom home in Houghton County.
