YieldBadger

Rent in Ironwood, MI

A 2-bedroom in Ironwood, MI (ZIP 49938) typically rents for about $638 a month, with a range of $638–$1,014. Owner-occupied homes in Gogebic County pay about 1.43% 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

Typical monthly rent in Ironwood, MI by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$706$7061
1 bed$295$295–$8161
2 beds$638$638–$1,0141
3 beds$911$911–$1,4041
4 beds$1,495$1,4951

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).

Ironwood ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Ironwood, MI?
About $638 a month: the median of the typical rents in 1 ZIP code, which range from $638–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Ironwood, MI?
About $295 a month: the median of the typical rents in 1 ZIP code, which range from $295–$816. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Ironwood, MI?
About $911 a month: the median of the typical rents in 1 ZIP code, which range from $911–$1,404. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Ironwood, MI?
About $706 a month: the median of the typical rents in 1 ZIP code, which range from $706. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Ironwood, MI?
About $1,495 a month: the median of the typical rents in 1 ZIP code, which range from $1,495. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Ironwood, MI?
Owner-occupied homes in Gogebic County pay a typical 1.43% 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 Ironwood rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).