Median Age
26 Years
Largest Age Group
20-29 Years
Approximately 41% of Residents
Under 20
23%
Over 65
9%
Avg Rent
$405
Population
7,817
Renter Mix
58% Rent
Houghton is a small Upper Peninsula city built on hills that roll down to the Keweenaw Waterway, a scenic passage connecting at both ends to Lake Superior. Daily life here moves at a relaxed pace, with nearly everything in town reachable on foot or by bike despite the terrain. The waterfront corridor along Shelden Avenue and Montezuma Avenue draws residents to dining, local breweries, and sweeping views of the Portage Canal Lift Bridge. Across the waterway, the city of Hancock adds another layer of shops and services just a short bridge crossing away.
Renters will find a mix of rental homes, updated multi-family buildings, and apartment communities ranging from classic brick structures to more contemporary designs. Housing costs run well below the state average, making it one of the more affordable rental markets in Michigan.
Michigan Technological University, founded in 1885 as the first post-secondary school in the Upper Peninsula, anchors much of the city's economy and social life. Houghton also holds a singular place in sports history as the birthplace of professional hockey in the United States, where the Portage Lakers became the first fully paid team in 1903.
Median Household Income
$32,546
Average: $62,841
Education
2,630
Residents Have a Degree
Job Market
3,231
Workers Employed
Median Age
26 Years
Largest Age Group
20-29 Years
Approximately 41% of Residents
Under 20
23%
Over 65
9%
Housing Distribution
Houghton has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of September 2026, the average apartment rent in Houghton, MI is $405 for one bedroom, $1,034 for two bedrooms, and $1,933 for three bedrooms. Apartment rent in Houghton has increased by 1.7% in the past year.
The cost of living in Houghton, MI is 8.8% lower than the national average. Generally, housing in Houghton is 17.4% less expensive than the national average, with rent falling between $0 - $1,933. You can expect to pay 5.0% less for groceries, 2.8% less for utilities, and 3.9% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Houghton, MI is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades K-5
594 Students
Public
Grades 6-8
356 Students
Public
Grades 9-12
472 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.