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market report · 49878
Rapid River, MI · 49878
13 active listings$155,000 median ask$2,023 est. rent1.3% price/rent
$155,000
Median list price
$2,023/mo
Estimated rent
1.3%
Price / rent ratio
13
Listings
FHFA home price index · 2016–2025
140.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.56
Median rent / sqft
10 comps
$173.47
Median sold / sqft
11 comps
—
Walkability
6.0%
Area unemployment
BLS LAUS
Median household income $71,136 · median home value $176,600 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 55).
top deals · highest rent-to-price
7865 Michigan St, Rapid River, MI 49878
Rapid River, MI
$142,900$2,468/mo1.7%
7854 38th Rd, Rapid River, MI 49878
Rapid River, MI
$124,900$1,825/mo1.5%
8357 School 16th Rd, Rapid River, MI 49878
Rapid River, MI
$124,900$1,753/mo1.4%
9744 US 2 Hwy, Rapid River, MI 49878
Rapid River, MI
$155,000$2,036/mo1.3%
9412 County 511 W 5 Rd, Rapid River, MI 49878
Rapid River, MI
$195,000$2,025/mo1%
10758 S 75 Rd, Rapid River, MI 49878
Rapid River, MI
$230,500$2,020/mo0.9%