Rent in Prescott, MI
A 2-bedroom in Prescott, MI (ZIP 48756) typically rents for about $1,033 a month, with a range of $1,033. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Ogemaw County. Owner-occupied homes in Ogemaw County pay about 0.95% 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 | $737 | $737 | 1 |
| 1 bed | $680 | $680–$841 | 1 |
| 2 beds | $1,033 | $1,033 | 1 |
| 3 beds | $1,275 | $1,231–$1,275 | 1 |
| 4 beds | $1,358 | $1,358 | 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).
Prescott ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Prescott, MI?
- About $1,033 a month: the median of the typical rents in 1 ZIP code, which range from $1,033. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Prescott, MI?
- About $680 a month: the median of the typical rents in 1 ZIP code, which range from $680–$841. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Prescott, MI?
- About $1,275 a month: the median of the typical rents in 1 ZIP code, which range from $1,231–$1,275. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Prescott, MI?
- About $737 a month: the median of the typical rents in 1 ZIP code, which range from $737. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Prescott, MI?
- About $1,358 a month: the median of the typical rents in 1 ZIP code, which range from $1,358. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Prescott, MI?
- Owner-occupied homes in Ogemaw County pay a typical 0.95% 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 Prescott rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).