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Escanaba, MI Homes for Rent

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  • /11

    $3,500 Per Month

    • 1,618 Sq Ft
    • Property for Rent

    2430 Ludington St, Escanaba, MI 49829

    Municipal Approved Adult-Use Provisioning Center available for sale or for lease - license and real estate included.Freestanding building with 14 parking spaces and approved for construction.The site is positioned on the heavily traveled Ludington Street, with direct access, offering excellent brand exposure and plenty of daytime traffic.The building is also suitable for traditional

    Corbin Yaldoo C3 CRE, LLC

    2430 Ludington St, Escanaba, MI 49829
  • /29

    $1,200

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    304 S 7th St Unit B (Back), Escanaba, MI 49829

    1-2 bed apartment. 2nd room would be great for an office, hobby space or could be used as a nonconforming bedroom. Kitchen, living, dining on main level with bedroom and bathroom upstairs. Basement is shared with front unit but will be divided. Potential garage space available. Pets considered. Only a few blocks from Ludington Park! Super clean with some old charm! Laundry hookups in basement,

    304 S 7th St Unit B (Back), Escanaba, MI 49829
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    $750 Per Month

    • 2 Beds
    • 1 Bath
    • 759 Sq Ft
    • 320-330 Stephenson Ave

    330 Stephenson Ave Unit 203, Escanaba, MI 49829

    Very nice place. Quiet building.

    330 Stephenson Ave Unit 203, Escanaba, MI 49829
  • /13

    $1,575 Per Month

    • 3 Beds
    • 2 Baths
    • 1,070 Sq Ft
    • House for Rent

    1421 N 22nd St, Escanaba, MI 49829

    Newly remodeled 3 bedroom 2 bath home with modern updates. New wiring, siding, insulation, windows, doors, flooring and appliances. Full basement with either gas or electric hookups for your washer and dryer (provided by tenant). Three season front porch. Move in ready and close to Bay College. $1575.00 First month's rent, $1150 move out cleaning fee and $725 security deposit required. Approved

    1421 N 22nd St, Escanaba, MI 49829

Why Live in Escanaba

Escanaba, MI, a small city on Little Bay de Noc, is known for its outdoor activities, including deer hunting, beach lounging, and ice fishing on one of the world’s largest walleye fisheries. With a population of around 12,000, many residents work at the local hospital, community college, or Billerud paper company. Housing is relatively affordable, with prices ranging from $80,000 for fixer-uppers to $600,000 for newer homes, featuring styles like bungalows, ranches, and American Foursquares. The city’s moderately rated Escanaba Area Public Schools have above-average reading proficiency and an 82% graduation rate. Ludington Street offers a vintage downtown atmosphere with various dining options, including a sports bar, espresso bar, Irish pub, and Swedish diner. Local parks, such as Ludington Park, provide amenities like beaches, pathways, and a disc golf course, while the Sand Point Lighthouse serves as a maritime museum. Escanaba's climate is milder than most of Michigan’s Upper Peninsula, with minimal snowfall and temperatures rarely falling below zero or rising above 85 degrees. The city hosts year-round events, including the Upper Peninsula State Fair and a Christmas parade. Residents often use ATVs for transportation, with designated trails leading into surrounding woodlands. Green Bay Austin Straubel International Airport is 114 miles away, and the Indian Trails bus system offers routes to nearby cities. For medical care, OSF Saint Francis Hospital serves the community.

Frequently Asked Questions

How much does it cost to rent a home in Escanaba, MI?
The median rent for a home in Escanaba, MI is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Escanaba, MI?
To comfortably afford the median rent in Escanaba, MI, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Escanaba, MI, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Escanaba, MI?
In Escanaba, MI, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,200
Median Single Family Home Rent
$1,575
Median Condo Rent
$975
How to Rent a Home