Rent in Hope, MI
A 2-bedroom in Hope, MI (ZIP 48628) typically rents for about $1,205 a month, with a range of $1,205. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Midland County. Owner-occupied homes in Midland County pay about 1.47% 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 | $920 | $920 | 1 |
| 1 bed | $936 | $936 | 1 |
| 2 beds | $1,205 | $1,205 | 1 |
| 3 beds | $1,498 | $1,498 | 1 |
| 4 beds | $1,790 | $1,790 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Hope ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hope, MI?
- About $1,205 a month: the median of the typical rents in 1 ZIP code, which range from $1,205. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hope, MI?
- About $936 a month: the median of the typical rents in 1 ZIP code, which range from $936. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hope, MI?
- About $1,498 a month: the median of the typical rents in 1 ZIP code, which range from $1,498. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hope, MI?
- About $920 a month: the median of the typical rents in 1 ZIP code, which range from $920. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hope, MI?
- About $1,790 a month: the median of the typical rents in 1 ZIP code, which range from $1,790. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hope, MI?
- Owner-occupied homes in Midland County pay a typical 1.47% 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 Hope rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).