Elk Rapids, MI Housing

A+
31%
Med. Home Val. NAT. AVG.
1%
Rent NAT. AVG.
22%
Owner Occ. NAT. AVG.
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Elk Rapids Housing Information

IndexElk RapidsMichiganNational
Median home price$242,700$127,800$184,700
Median rent asked$963$799$949
Avg. people per household2.02.52.6
Owner occupied households77.3%70.8%63.6%
Renter occupied households22.7%29.2%36.4%
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Housing Quick Facts

  • The median home price in Elk Rapids is 31% 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

       PopulationHome PriceNational Avg.
      Central Lake, MI996$88,00052%
      Kalkaska, MI2,230$90,80051%
      Bellaire, MI908$113,90038%
      Rapid City, MI1,495$161,00013%
      Alden, MI121$168,8009%
      Elk Rapids, MI1,531$242,70031%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Glen Dale, WV1,531$168,4009%
      Pepeekeo, HI1,531$312,10069%
      Centerfield, UT1,531$216,80017%
      Tri-Lakes, IN1,531$251,40036%
      Purdy, WA1,531$212,50015%
      Elk Rapids, MI1,531$242,70031%
      Source: The Elk Rapids, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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