Newest Homes for Rent in Hancock, MI

/19
Starting at $1,200 Per Month
- 2 Beds
50571 6th St, Hancock, MI 49930

THE LANDING, Apt.#1 @ High Gate Apartments. Relax in quiet countryside living yet only about 5 minutes from the central Houghton/Hancock lift bridge.Size: Approximately 900 sq. ft.Availability: Now.Features:Stainless steel appliances dishwasher, glass top range, built in micro wave, fridge, and g-disposal.jetted Jacuzzi bath tub / shower unit. Extra-large capacity

High Gate Apartments

50571 6th St, Hancock, MI 49930
Explore Hancock
/18
$850

Total Monthly Price
- 1 Bed
- 1 Bath
- 800 Sq Ft
- Condo for Rent
216 E Franklin St Unit 1, Hancock, MI 49930

Quiet 1-Bedroom Apartment – Ideal for Mature Student | Downtown HancockPrivate one-bedroom, one-bathroom apartment available in a quiet, convenient location in downtown Hancock. This is a great fit for a graduate student or mature undergraduate seeking a peaceful and comfortable living space. Located in a nice part of town, the apartment is just a 6-minute drive or 15-minute bike ride to

216 E Franklin St Unit 1, Hancock, MI 49930
/20
$1,300

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,000 Sq Ft
- Condo for Rent
800 Quincy St Unit 2, Hancock, MI 49930

Newly Remodeled apartment conveniently located in Hancock. This bright 2 bedroom 1 bath unit has large windows that allow a lot of natural light in. This unit includes stainless steel appliances and in-unit washer and dryer. Heat, water and snow removal are included in rent. Off street parking is included. Tenant must pay for electric and internet.

800 Quincy St Unit 2, Hancock, MI 49930

Michigan Houghton County Hancock

Frequently Asked Questions

How much does it cost to rent a home in Hancock, MI?

The median rent for a home in Hancock, MI is $960 per month, though prices vary by neighborhood, size, and property type. As of July 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 Hancock, MI?

To comfortably afford the median rent in Hancock, MI, a household needs to earn roughly $38,400 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 $960 per month in Hancock, MI, renters typically need to show $2,880 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 Hancock, MI?

In Hancock, MI, the price-to-rent ratio is 20.4, 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 Trends in Hancock, MI

There are currently 3 homes available for rent in Hancock, MI. The median rent is $960 per month, with single-family homes renting at $2,500 and condos at $960.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $960
Median Single Family Home Rent $2,500	Median Condo Rent $960

How to Rent a Home

Rentals in Hancock

Hancock Apartments for Rent

Homes for Rent by Bedrooms in Hancock

More About Living in Hancock

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Houghton Homes for Rent

Homes for Rent in Nearby Counties

Houghton County Homes for Rent

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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