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Ishpeming, MI Condos for Rent

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  • /7

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    630 Wabash St Unit Wabash st, Ishpeming, MI 49849

    ?? Spacious 2 Bedroom / 1 Bathroom Apartment Available today. • Pets welcome with an additional fee• In-unit washer and dryer• Dishwasher and garbage disposal• Garage parking space included• Practical, functional layout• Large windows providing tons of natural light• Updated kitchen and bathroom• Spacious living room and separate

    630 Wabash St Unit Wabash st, Ishpeming, MI 49849
  • /8

    $850 Per Month

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

    110 E Canda St Unit Apartment 3, Ishpeming, MI 49849

    110 E Canda St Unit Apartment 3, Ishpeming, MI 49849

Frequently Asked Questions

How much does it cost to rent a condo in Ishpeming, MI?
The median rent for a condo in Ishpeming, MI is $850 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Ishpeming, MI?
To comfortably afford the median rent in Ishpeming, MI, a household needs to earn roughly $34,000 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 $850 per month in Ishpeming, MI, renters typically need to show $2,550 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 Ishpeming, MI?
In Ishpeming, MI, the price-to-rent ratio is 19.6, 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.

Condo Rental Trends in Ishpeming, MI

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$850
Median 1 Bedroom Condo Rent
$850
How to Rent a Home