Rapid City Housing Information - Census

IndexRapid CityMichiganNational
Median home price$79,200$120,200$175,700
Median rent asked$608$780$920
Avg. people per household2.32.52.6
Owner occupied households80.5%71.5%64.4%
Renter occupied households19.5%28.5%35.6%

Rapid City Housing Information - Zillow

IndexRapid CityMichiganNational
Zillow home value indexn/a$126,100$188,100
Year over year appreciation raten/a5.88%5.14%
5 year average appreciation raten/a6.88%4.12%
10 year average appreciation raten/a-1.03%-0.33%

Did you know?

  • The median home price in Rapid City is 55% lower than the national average.
  • The median rent asked in Rapid City is 34% lower than the national average.
  • The average number of people per household in Rapid City is 11% lower than the national average.
  • The number of owner occupied households in Rapid City is 25% higher than the national average.
  • The number of renter occupied households in Rapid City is 45% lower than the national average.

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Compare Rapid City, 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.
Mancelona, MI1,661$63,30064%
Kalkaska, MI2,176$75,70057%
South Boardman, MI571$87,30050%
Bellaire, MI943$100,70043%
Manistee Lake, MI367$111,70036%
Rapid City, MI1,490$79,20055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Jackpot, NV1,490$14,00092%
Moreland, ID1,490$132,10025%
Chatham, NY1,490$218,40024%
Maurice, LA1,490$150,50014%
Converse, IN1,491$74,70057%
Rapid City, MI1,490$79,20055%
Source: The Rapid City, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.