Rapid City, MI Housing Statistics

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9%

Med. Home Val. NAT. AVG.

24%

Rent NAT. AVG.

33%

Owner Occ. NAT. AVG.

Rapid City Housing Information

Index	Rapid City	Michigan	National
Median home price	$295,679	$235,809	$326,622
Median rent asked	$1,104	$1,222	$1,444
Avg. people per household	2.4	2.5	2.6
Owner occupied households	84.3%	70.8%	63.6%
Renter occupied households	15.7%	29.2%	36.4%

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Homes For Sale In Rapid City, MI

9490 Rapid City Rd NW

Rapid City, MI

14047 Torch River Rd

Rapid City, MI

8834 Cedar St

Rapid City, MI

Parcel C Aarwood Trl NW

Clearwater Township, MI

Housing Quick Facts

The median home price in Rapid City is 9% lower than the national average.
The median rent asked in Rapid City is 24% lower than the national average.
The average number of people per household in Rapid City is 10% lower than the national average.
The number of owner occupied households in Rapid City is 33% higher than the national average.
The number of renter occupied households in Rapid City is 57% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Mancelona, MI	1,769	$139,236	57%
Kalkaska, MI	2,295	$161,022	51%
Bellaire, MI	926	$208,982	36%
Manistee Lake, MI	539	$212,882	35%
South Boardman, MI	502	$255,119	22%
Rapid City, MI	1,532	$295,679	9%

Cities with similar population

	Population	Home Price	National Avg.
Lebec, CA	1,532	$308,126	6%
Poultney, VT	1,532	$247,196	24%
Wilson, OK	1,532	$187,137	43%
Greenwich, OH	1,533	$159,464	51%
Maysville, OK	1,533	$225,500	31%
Rapid City, MI	1,532	$295,679	9%

Source: The Rapid City, 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.