Rent in 49861 (Michigamme, MI)
There are no ZIP-level rent figures for 49861, so the estimate uses the HUD Fair Market Rent for Baraga County: $1,014 a month for a 2-bedroom. Other sizes: studio $723, 1 bed $775, 3 beds $1,208, 4 beds $1,333. Owner-occupied homes in Baraga County pay about 1.22% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $723 | $723 | $723used above |
| 1 bed | $775 | $775 | $775used above |
| 2 beds | $1,014 | $1,014 | $1,014used above |
| 3 beds | $1,208 | $1,208 | $1,208used above |
| 4 beds | $1,333 | $1,333 | $1,333used above |
- Studio: HUD Fair Market Rent (county) $723 (Oct 1, 2026)
- 1 bed: HUD Fair Market Rent (county) $775 (Oct 1, 2026)
- 2 beds: HUD Fair Market Rent (county) $1,014 (Oct 1, 2026)
- 3 beds: HUD Fair Market Rent (county) $1,208 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $1,333 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 49861?
- $1,014 a month, the HUD Fair Market Rent for Baraga County; there is no ZIP-level figure for 49861.
- What is the rent for a 1-bedroom in 49861?
- $775 a month, the HUD Fair Market Rent for Baraga County; there is no ZIP-level figure for 49861.
- What is the rent for a 3-bedroom in 49861?
- $1,208 a month, the HUD Fair Market Rent for Baraga County; there is no ZIP-level figure for 49861.
- What is the rent for a studio in 49861?
- $723 a month, the HUD Fair Market Rent for Baraga County; there is no ZIP-level figure for 49861.
- What is the rent for a 4-bedroom in 49861?
- $1,333 a month, the HUD Fair Market Rent for Baraga County; there is no ZIP-level figure for 49861.
- What is the property tax rate in ZIP 49861?
- Owner-occupied homes in Baraga County pay a typical 1.22% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 49861 rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).