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Rental Market Trends in Escanaba, MI

What is the average rent in Escanaba, MI?

$1,016/month

Average Rent

1,096 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of November 2025, the average rent in Escanaba, MI is $1,016 per month. This is 38% lower than the national average rent of $1,630/month, making renting in Escanaba more affordable than most cities in the US. When you rent an apartment in Escanaba, you can expect to pay about per month for a studio, $1,016 for a one-bedroom apartment, and around $1,086 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,016/month
1,096 Sq Ft
Two Bedroom
$1,086/month
1,121 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Escanaba, MI?

In the past year, rent has increased by 1.3%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Escanaba, MI?

Because the average rent in Escanaba is $1,016, you’ll want to make about $3,386 per month or $40,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Escanaba, MI

2 Available Apartments for Rent

Search for Nearby Apartments

How does Escanaba, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Escanaba, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Escanaba we think you'll love

512 16th St S

512 16th St S

512 16th St S,
Escanaba, MI 49829

$1,300

4 Beds

1016 Stephenson Ave

1016 Stephenson Ave

1016 Stephenson Ave,
Escanaba, MI 49829

$900

2 Beds

510 M-35

510 M-35

510 M-35,
Bark River, MI 49807

$2,600

3 Beds

1262 M-35

1262 M-35

1262 M-35,
Bark River, MI 49807

$3,500

6 Beds

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United States Michigan Escanaba Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity