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Rent by ZIP · Houghton County

Rent in Hancock, MI 49930

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+4.1% vs FY2026). Renters in this ZIP code pay a median $841 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$790$7900%$711–869$1,714 ±$945
1 bedroom$790$800-1.3%$711–869$657 ±$116
2 bedrooms$1,010$970+4.1%$909–1,111$867 ±$132
3 bedrooms$1,410$1,350+4.4%$1,269–1,551$1,185 ±$157
4 bedrooms$1,700$1,640+3.7%$1,530–1,870–

Small Area FMRs for the Houghton County, MI. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Houghton County, MI, 2 bedrooms: $1,033.

What renters pay in 49930

Median gross rent$841±$80 · all sizes
Renter households95934% of occupied homes
No cash rent15households

How rents are spread

Under $1,00059%
$1,000–1,49926%
$1,500–1,99910%
$2,000–2,4994%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
49929Greenland$1,010–
49931Houghton$1,230$1,026
49927Gaastra$1,170$685
49934Hubbell$1,070–
49925Ewen$1,140–
49935Iron River$1,180$946

Fair Market Rents across Houghton County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.