The Elements
408 Fairview St,
Houghton, MI 49931
$500 - $3,000
Studio - 4 Beds
Established in 1885, Michigan Technological University is a public research institution offering more than 120 undergraduate and graduate degree programs through seven colleges and schools. Michigan Tech aims to create a just, prosperous, and sustainable world with an entrepreneurial spirit comprised of curiosity and grit. Students leave MTU prepared to create the future. Situated on a beautiful campus in Michigan’s Upper Peninsula overlooking the Keweenaw Waterway, MTU is convenient to numerous apartments, townhomes, and houses available for rent near campus. Commuting and traveling from Michigan Tech is easy with access to U.S. 41. NCAA Division II Husky athletics, over 220 student organizations, music and fine arts, cultural events like the Parade of Nations, and intramural sports help to shape the vibrant campus life at MTU. Outdoor recreational opportunities are plentiful in Houghton, with access to several inland lakes and streams. There are multiple options for weekend getaways with Minneapolis, Chicago, and Detroit all within driving distance of Michigan Tech.
As of January 2026, the average apartment rent in Houghton, MI is $398 for one bedroom, $894 for two bedrooms, and $1,910 for three bedrooms. Apartment rent in Houghton has increased by 1.5% in the past year.
1 BR
0 sq ft
Average Sq Ft
$398/month
Average Rent
2 BR
464 sq ft
Average Sq Ft
$894/month
Average Rent
3 BR
1,361 sq ft
Average Sq Ft
$1,910/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades K-5
643 Students
Public
Grades 6-8
341 Students
Public
Grades 9-12
461 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 November 2025.