Rent in Ludington, MI
A 2-bedroom in Ludington, MI (ZIP 49431) typically rents for about $951 a month, with a range of $951–$1,085. Owner-occupied homes in Mason 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 | $503 | $503–$774 | 1 |
| 1 bed | $718 | $718–$859 | 1 |
| 2 beds | $951 | $951–$1,085 | 1 |
| 3 beds | $1,284 | $1,284–$1,430 | 1 |
| 4 beds | $1,140 | $1,140–$1,437 | 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).
Ludington ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Ludington, MI?
- About $951 a month: the median of the typical rents in 1 ZIP code, which range from $951–$1,085. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Ludington, MI?
- About $718 a month: the median of the typical rents in 1 ZIP code, which range from $718–$859. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Ludington, MI?
- About $1,284 a month: the median of the typical rents in 1 ZIP code, which range from $1,284–$1,430. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Ludington, MI?
- About $503 a month: the median of the typical rents in 1 ZIP code, which range from $503–$774. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Ludington, MI?
- About $1,140 a month: the median of the typical rents in 1 ZIP code, which range from $1,140–$1,437. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Ludington, MI?
- Owner-occupied homes in Mason 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 Ludington rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).