What is the median rent in Iron Mountain, MI?

The median gross rent in Iron Mountain, MI is $744 (±$81) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 921 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Iron Mountain, the median gross rent went from $670 in 2015–2019 to $744 in 2020–2024 (+11.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$744 (±$81)
Rented homes
921 (±210)
$2,000 or more
5.9%
Since 2015–2019
+11.0%

How much rent costs in Iron Mountain

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentIron MountainDickinson CountyMichiganUnited States
Less than $50017.6% (±11.2 points)14.6%8.3%6.3%
$500 to $99966.1% (±12.8 points)57.2%30.1%20.2%
$1,000 to $1,49910.4% (±7.6 points)24.5%38.4%28.1%
$1,500 to $1,9990.0% (±3.2 points)0.3%15.1%21.1%
$2,000 to $2,4990.8% (±1.5 points)0.4%5.0%12.0%
$2,500 to $2,9993.0% (±3.2 points)1.6%1.4%5.5%
$3,000 or more2.1% (±3.4 points)1.5%1.7%6.8%

The most common range is $500 to $999, paid by 66.1% of renting households.

5.9% of rented homes in Iron Mountain cost $2,000 or more a month.

Iron Mountain against Dickinson County, its state and the nation

Estimate (90% margin of error)
Iron MountainDickinson CountyMichiganUnited States
Median gross rent$744 (±$81)$797 (±$61)$1,129 (±$4)$1,413
Rented homes paying rent921 (±210)1,913 (±327)1,032,697 (±7,764)42,849,984

In Iron Mountain, median gross rent is not measurably different from Dickinson County ($797).

It is also lower than in Michigan ($1,129).

It is lower than the national figure ($1,413).

In Dickinson County, Iron Mountain ranks 7 of 7 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 1108 of 1,305.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Iron Mountain has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$670 (±$35)$744 (±$81)+11.0%No measurable change after inflation
Households that rent30.1% (±5.8 points)27.7% (±5.5 points)−2.4 percentage pointsNot a measurable change
Rental vacancy rate5.4% (±5.6 points)3.4% (±5.4 points)−2.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Iron Mountain

Nearest places with a published estimate, compared with Iron Mountain
PlaceDistanceMedian gross rentCompared with this place
Iron Mountain—$744 (±$81)—
Kingsford2.4 mi$917 (±$169)Not measurably different
Breitung Charter Township3.9 mi$1,125 (±$211)Higher
Niagara4.3 mi$910 (±$262)Not measurably different
Town of Aurora (Florence County)5.4 mi$642 (±$144)Not measurably different
Norway7.3 mi$885 (±$209)Not measurably different
Norway Township9.1 mi$845 (±$13)Higher
Town of Dunbar14 mi$867 (±$27)Higher
Town of Pembine15 mi$710 (±$616)Not measurably different

Nearby places with a measurably higher figure: Breitung Charter Township, MI ($1,125), Norway Township, MI ($845), Town of Dunbar, WI ($867).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Dickinson County, place by place

RankPlaceMedian gross rent
1Sagola Township$1,260 (±$338)
2Breitung Charter Township$1,125 (±$211)
3Kingsford$917 (±$169)
4Norway$885 (±$209)
5Norway Township$845 (±$13)
6Breen Township$775 (±$186)
7Iron Mountain$744 (±$81)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Iron Mountain

What is the average rent in Iron Mountain, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Iron Mountain is $744 (±$81) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Iron Mountain?

In Iron Mountain, the median gross rent went from $670 in 2015–2019 to $744 in 2020–2024 (+11.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Iron Mountain cost more than $2,000 a month?

5.9% of rented homes in Iron Mountain have a gross rent of $2,000 or more a month, and 17.6% cost less than $500.

Is rent in Iron Mountain higher than in Dickinson County?

In Iron Mountain, median gross rent is not measurably different from Dickinson County ($797).

It is also lower than in Michigan ($1,129).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Iron Mountain city, Michigan (place:40960, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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