Rent in Grayling, MI
A 2-bedroom in Grayling, MI (ZIP 49738) typically rents for about $927 a month, with a range of $927–$1,097. Owner-occupied homes in Crawford County pay about 1.06% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $683 | $683–$764 | 1 |
| 1 bed | $559 | $559–$867 | 1 |
| 2 beds | $927 | $927–$1,097 | 1 |
| 3 beds | $861 | $861–$1,307 | 1 |
| 4 beds | $1,250 | $1,250–$1,542 | 1 |
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).
Grayling ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Grayling, MI?
- About $927 a month: the median of the typical rents in 1 ZIP code, which range from $927–$1,097. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Grayling, MI?
- About $559 a month: the median of the typical rents in 1 ZIP code, which range from $559–$867. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Grayling, MI?
- About $861 a month: the median of the typical rents in 1 ZIP code, which range from $861–$1,307. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Grayling, MI?
- About $683 a month: the median of the typical rents in 1 ZIP code, which range from $683–$764. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Grayling, MI?
- About $1,250 a month: the median of the typical rents in 1 ZIP code, which range from $1,250–$1,542. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Grayling, MI?
- Owner-occupied homes in Crawford County pay a typical 1.06% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Grayling rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).