Rent in Hillsdale, MI
A 2-bedroom in Hillsdale, MI (ZIP 49242) typically rents for about $827 a month, with a range of $827–$1,022. Owner-occupied homes in Hillsdale County pay about 0.99% 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 | $712 | $712 | 1 |
| 1 bed | $463 | $463–$781 | 1 |
| 2 beds | $827 | $827–$1,022 | 1 |
| 3 beds | $976 | $976–$1,274 | 1 |
| 4 beds | $1,552 | $1,343–$1,552 | 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).
Hillsdale ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hillsdale, MI?
- About $827 a month: the median of the typical rents in 1 ZIP code, which range from $827–$1,022. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hillsdale, MI?
- About $463 a month: the median of the typical rents in 1 ZIP code, which range from $463–$781. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hillsdale, MI?
- About $976 a month: the median of the typical rents in 1 ZIP code, which range from $976–$1,274. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hillsdale, MI?
- About $712 a month: the median of the typical rents in 1 ZIP code, which range from $712. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hillsdale, MI?
- About $1,552 a month: the median of the typical rents in 1 ZIP code, which range from $1,343–$1,552. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hillsdale, MI?
- Owner-occupied homes in Hillsdale County pay a typical 0.99% 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 Hillsdale rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).