
Cheap Homes for Rent in Iron River, MI from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in Iron River.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

416 Manitowish St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Iron River, MI Local Guide

How much does it cost to rent a home in Iron River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iron River 2 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
| Iron River 3 Bedroom Homes for Rent | $1,627 | $750 | $2,400 |
| Iron River 4 Bedroom Homes for Rent | $2,337 | $1,800 | $3,300 |
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Iron River, MI Local Guide
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Best Value Apartments for Rent in Iron River, MI and Nearby
As of April 12, 2026 the best value apartment in the Iron River area is the $0.77 price per square foot Three Bedroom Model at Forest Edge in the starting from $1,112. The second greatest value Iron River apartment is the Fulton 3 BR Upper Model at SCS Fox Point starting at $1,585 with a $1.36 price per square foot . Here is today’s list of the best values for Iron River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Edge | Three Bedroom | 3BR,2BA | $0.77 |
| SCS Fox Point | Fulton 3 BR Upper | 3BR,2BA | $1.36 |
| Webster Street Estates | 2 Bedroom 2 Bath Upper Split | 2BR,2BA | $1.22 |
| SCS Florence | Fulton 2 BR Upper Middle | 2BR,1BA | $1.20 |
| Park City Apartments | 2 Bedroom 1 Bathroom Newly Remodel Upper | 2BR,1BA | $0.93 |
| Cedar Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1.06 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Morgan Oaks Townhomes | 9894 | 2BR,1BA | $1.48 |
| Prosser Place Estates | 1 Bedroom Upper | 1BR,1BA | $1.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Iron River, MI
Stambaugh Elementary School
West Iron County High School
West Iron County Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Iron River
What type of rentals are currently available in Iron River?
There are currently 52 Apartments for Rent in Iron River, MI with pricing that ranges from $471 to $2,900. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iron River ranging from $750 to $3,300.
What is the current price range for Rental Homes in Iron River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Iron River ranges from $750 to $3,300 with an average monthly rent of $1,702.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.