A+
13%
Med. Home Val. NAT. AVG.
22%
Rent NAT. AVG.
33%
Owner Occ. NAT. AVG.
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Rapid City Housing Information

IndexRapid CityMichiganNational
Median home price$161,000$127,800$184,700
Median rent asked$739$799$949
Avg. people per household2.42.52.6
Owner occupied households84.3%70.8%63.6%
Renter occupied households15.7%29.2%36.4%
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Housing Quick Facts

  • The median home price in Rapid City is 13% lower than the national average.
  • The median rent asked in Rapid City is 22% 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

       PopulationHome PriceNational Avg.
      Mancelona, MI1,708$78,30058%
      Kalkaska, MI2,230$90,80051%
      Bellaire, MI908$113,90038%
      Manistee Lake, MI527$117,50036%
      South Boardman, MI489$138,60025%
      Rapid City, MI1,495$161,00013%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Encinal, TX1,495$92,50050%
      Gorman, TX1,495$60,20067%
      Omao, HI1,495$755,500309%
      Cumberland Head, NY1,495$176,6004%
      Hasson Heights, PA1,495$89,70051%
      Rapid City, MI1,495$161,00013%
      Source: The Rapid City, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).