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Rent in Alpena, MI

A 2-bedroom in Alpena, MI (ZIP 49707) typically rents for about $751 a month, with a range of $751–$1,014. Owner-occupied homes in Alpena County pay about 1.07% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Alpena, MI by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$328$328–$7231
1 bed$490$490–$7751
2 beds$751$751–$1,0141
3 beds$800$800–$1,2471
4 beds$1,265$1,265–$1,6951

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Alpena ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Alpena, MI?
About $751 a month: the median of the typical rents in 1 ZIP code, which range from $751–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Alpena, MI?
About $490 a month: the median of the typical rents in 1 ZIP code, which range from $490–$775. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Alpena, MI?
About $800 a month: the median of the typical rents in 1 ZIP code, which range from $800–$1,247. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Alpena, MI?
About $328 a month: the median of the typical rents in 1 ZIP code, which range from $328–$723. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Alpena, MI?
About $1,265 a month: the median of the typical rents in 1 ZIP code, which range from $1,265–$1,695. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Alpena, MI?
Owner-occupied homes in Alpena County pay a typical 1.07% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Alpena rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).