Iron River Housing Information - Census

IndexIron RiverMichiganNational
Median home price$48,200$127,800$184,700
Median rent asked$468$799$949
Avg. people per household1.72.52.6
Owner occupied households69.8%70.8%63.6%
Renter occupied households30.2%29.2%36.4%

Iron River Housing Information - Zillow

IndexIron RiverMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Iron River is 74% lower than the national average.
  • The median rent asked in Iron River is 51% lower than the national average.
  • The average number of people per household in Iron River is 34% lower than the national average.
  • The number of owner occupied households in Iron River is 10% higher than the national average.
  • The number of renter occupied households in Iron River is 17% lower than the national average.

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Compare Iron River, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Alpha, MI175$38,30079%
Gaastra, MI355$45,00076%
Amasa, MI289$49,10073%
Caspian, MI648$55,00070%
Iron River, MI2,911$48,20074%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Minden, NE2,911$117,10037%
Rochester, WA2,912$221,10020%
Malakoff, TX2,912$61,80067%
Castroville, TX2,910$162,70012%
Brownville, NJ2,912$254,40038%
Iron River, MI2,911$48,20074%
Source: The Iron River, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.