Hancock, MI Houses for Rent

/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
Explore Hancock
/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
/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

Michigan Houghton County

Frequently Asked Questions

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

The median rent for a single-family home in Hancock, MI is $675 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 $43,200 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 $1,080 per month in Hancock, MI, renters typically need to show $3,240 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 18.1, 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 in Hancock, MI

There are currently 3 single-family homes available for rent in Hancock, MI. The median rent is $675 per month, with 5-bedroom houses at $675.

Rental Home Trends

Number of Houses for Rent 3	Median Single Family Home Rent $675
Median 5 Bedroom Single Family Home Rent $675

How to Rent a Home

Rentals in Hancock

Houses for Rent by Bedrooms in Hancock

More About Living in Hancock

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