Newest Homes for Rent in Hancock, MI

/28
$1,200

Total Monthly Price
- 2 Beds
- 1 Bath
- 800 Sq Ft
- Condo for Rent
217 E Franklin St Unit A, Hancock, MI 49930

Two bedroom two bath apartment close to downtown Hancock. Heat, water and sewer included. One year lease preferred with occupancy starting in mid August. Owner is a Real Estate Broker in The State of Michigan.

217 E Franklin St Unit A, Hancock, MI 49930
Explore Hancock
/64
$4,000 Per Month
- 4 Beds
- 3 Baths
- 2,500 Sq Ft
- Condo for Rent
22595 Bayview Ln, Hancock, MI 49930

Waterfront living just minutes from Houghton and Hancock! Enjoy beautiful Portage Canal views from this modern 2-story townhome, available for immediate occupancy. The home features 4 bedrooms, 3 bathrooms, a heated 2-car garage of approximately 550 square feet, a concrete driveway, lake frontage, and on-site boat launch access. Large windows and sliding doors provide abundant natural light and

KRISTINE WEIDNER (JUKURI) CENTURY 21 AFFILIATED

22595 Bayview Ln, Hancock, MI 49930
/79
$2,600 Per Month
- 4 Beds
- 2 Baths
- 1,562 Sq Ft
- House for Rent
20888 3rd St, Hancock, MI 49930

FOR LEASE – FRANKLIN TOWNSHP - Nicely updated 4-bedroom, 2-bathroom home in Franklin Township, just about 3 miles from Michigan Tech’s campus. This move-in-ready home offers a furnished rental opportunity with the space, comfort, and many recent updates. The main floor features a kitchen updated in 2020, with room for an eat-in area and a sliding door to the back patio, along with a living room,

KRISTINE WEIDNER (JUKURI) CENTURY 21 AFFILIATED

20888 3rd St, Hancock, MI 49930
/5
$3,000 Per Month
- 4 Beds
- 3 Baths
- House for Rent
25641 Point Mills Estates Rd, Hancock, MI 49930

Property Id: 2768493 Beautiful newly re-done home fully furnished. 3 Bedrooms 3 baths .Private back yard on the lake. Wood bar in the basement as well as a beautiful hot rock sauna and changing area. Large outdoor back deck overlooking the lake. Very quiet and peaceful.

25641 Point Mills Estates Rd, Hancock, MI 49930
/21
Starting at $1,000 Per Month
- 1 Bed
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
/17
$675 Per Month
- 5 Beds
- 2.5 Baths
- 2,400 Sq Ft
- House for Rent
1200 Ingot St, Hancock, MI 49930

Property Id: 1937456 Student-Friendly House Near MTU - Your Perfect Campus Crash Pad! Looking for a sweet spot close to Michigan Tech? We've got just the place for you! This awesome 5-bedroom and 2.5 bath house is basically a stone's throw from campus (just 3.4 miles away) and ready to be your home sweet home from July 2027 through to June 2028 What's the deal? Each room

1200 Ingot St, Hancock, MI 49930

Michigan Houghton County

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 August 2026, single-family homes tend to be the most affordable option while condos 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 6 homes available for rent in Hancock, MI. The median rent is $960 per month, with single-family homes renting at $675 and condos at $1,080.

Rental Home Trends

Number of Homes for Rent 6	Median Rent $960
Median Single Family Home Rent $675	Median Condo Rent $1,080

How to Rent a Home

Rentals in Hancock

Homes for Rent by Bedrooms in Hancock

More About Living in Hancock

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