Rental numbers for the Marquette, MI metro
The typical home here runs -$959 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro 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
- -$959/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 the metro
10 with published figures
| 49871Palmer | $128,000 | $970* | 9.1% | 4.6% | -$200 | n/a |
| 49833Skandia | $186,000 | $1,140* | 7.4% | 3.7% | -$427 | n/a |
| 49879Republic | $190,000 | $1,100* | 7.0% | 3.1% | -$526 | n/a |
| 49814Champion | $190,000 | $990* | 6.3% | 3.0% | -$553 | n/a |
| 49849Ishpeming | $202,000 | $970* | 5.8% | 2.3% | -$694 | n/a |
| 49841Gwinn | $204,000 | $970* | 5.7% | 2.5% | -$675 | n/a |
| 49885Skandia | $245,000 | $1,140* | 5.6% | 2.6% | -$795 | n/a |
| 49861Michigamme | $235,000 | $970* | 5.0% | 1.9% | -$894 | n/a |
| 49866Negaunee | $248,000 | $970* | 4.7% | 1.5% | -$1,037 | n/a |
| 49855Marquette | $342,000 | $1,237 | 4.3% | 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
- 1.02%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $185,680 | n/a |
| Aug 2022 | $211,726 | n/a |
| Aug 2023 | $220,854 | n/a |
| Aug 2024 | $226,744 | $1,084 |
| Aug 2025 | $241,494 | $1,135 |
| Aug 2026 | $263,628 | $1,163 |
Counties
- Marquette County, MI4.3% median yield
- Baraga County, MIn/a median yield
Tools
Questions
- Is the Marquette, MI metro good for rental property?
- The typical home here runs -$959 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Marquette, MI metro have the highest rental yield?
- 49855 (Marquette) at 4.3%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.