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RE Intelligence

Rental numbers for Marquette County, MI

The typical home here runs -$949 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%.

Gross yield
5.3%
typical home, Zillow
Median ZIP yield
4.3%
1 ZIPs with full data
Cash flow
-$949/mo
at 7.78%, 25% down
Typical price
$264,000
Zillow ZHVI, Aug 2026
Typical rent
$1,163/mo
Zillow ZORI, Aug 2026

ZIP codes in Marquette County

9 with published figures

49871Palmer$128,000$970*9.1%4.6%-$200n/a
49833Skandia$186,000$1,140*7.4%3.7%-$427n/a
49879Republic$190,000$1,100*7.0%3.1%-$526n/a
49814Champion$190,000$990*6.3%3.0%-$553n/a
49849Ishpeming$202,000$970*5.8%2.3%-$694n/a
49841Gwinn$204,000$970*5.7%2.5%-$675n/a
49885Skandia$245,000$1,140*5.6%2.6%-$795n/a
49866Negaunee$248,000$970*4.7%1.5%-$1,037n/a
49855Marquette$342,000$1,2374.3%1.4%-$1,458+2.5%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+9.2%
Rent, 12 months
+2.5%
Rent minus price growth
-6.7 pts
Property tax
0.97%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
8010012014016020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$185,665n/a
Aug 2022$211,694n/a
Aug 2023$220,825n/a
Aug 2024$226,724$1,084
Aug 2025$241,500$1,135
Aug 2026$263,637$1,163

HUD Fair Market Rent

FY2027, Marquette County, MI

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$835$1,012$1,199$1,429$1,696

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
3.4
96 units, last 12 months
National percentile
38th
among US counties

Tools

Test a listing in Marquette County against today's rate.

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Part of the Marquette, MI metro.

Questions

Is Marquette County good for rental property?
The typical home here runs -$949 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Marquette County?
About 0.97% of value, from Census ACS median taxes paid over median home value. On a $264,000 home that is about $2,568 a year.
What is Fair Market Rent in Marquette County?
HUD's FY2027 Fair Market Rent here is $1,012 for a 1-bedroom, $1,199 for a 2-bedroom and $1,429 for a 3-bedroom. Typical cash flow at today's rate is -$949 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.