Elk Rapids, MI Housing Statistics

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32%

Med. Home Val. NAT. AVG.

1%

Rent NAT. AVG.

22%

Owner Occ. NAT. AVG.

Elk Rapids Housing Information

Index	Elk Rapids	Michigan	National
Median home price	$430,565	$235,809	$326,622
Median rent asked	$1,454	$1,222	$1,444
Avg. people per household	2.0	2.5	2.6
Owner occupied households	77.3%	70.8%	63.6%
Renter occupied households	22.7%	29.2%	36.4%

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Homes For Sale In Elk Rapids, MI

8618 Partridge Trl

Elk Rapids, MI

6386 Tricks Way

Kewadin, MI

117 Rivershore Dr

Elk Rapids, MI

110 Ames St #12

Elk Rapids, MI

Housing Quick Facts

The median home price in Elk Rapids is 32% higher than the national average.
The median rent asked in Elk Rapids is 1% higher than the national average.
The average number of people per household in Elk Rapids is 23% lower than the national average.
The number of owner occupied households in Elk Rapids is 22% higher than the national average.
The number of renter occupied households in Elk Rapids is 38% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Central Lake, MI	1,020	$157,041	52%
Kalkaska, MI	2,295	$161,022	51%
Bellaire, MI	926	$208,982	36%
Rapid City, MI	1,532	$295,679	9%
Alden, MI	125	$300,633	8%
Elk Rapids, MI	1,569	$430,565	32%

Cities with similar population

	Population	Home Price	National Avg.
Paonia, CO	1,569	$342,143	5%
Wickerham Manor-Fisher, PA	1,569	$308,480	6%
Lookout Mountain, AL	1,569	$151,273	54%
Cypress Quarters, FL	1,569	$169,353	48%
Deposit, NY	1,570	$160,317	51%
Elk Rapids, MI	1,569	$430,565	32%

Source: The Elk Rapids, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.