Rapid River, MI
Full City Profile · Michigan · Delta County County
3.5
/5.0
B+
Good
230
Population
183/sq mi density
$39,375
Median Income
$26,803 per capita
$105,600
Home Value
$215,775 Zillow
42°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$39,375 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$105,600 home value, /mo rent
D
Education
1.9 / 5.0
11.2% bachelor's degree or higher
Housing Overview
Median Home Value
$105,600
63% below
US avg: $281,900
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
143
Median year built: 1962
Home Value by Source
Census Median
$105,600
Zillow (ZHVI)
$215,775
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.2%
Owner-Occupied
16.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
83.2%
Complete Housing Data
Home Values
| Census Median Value | $105,600 |
| Zillow Home Value (ZHVI) | $215,775 |
Rent
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 143 |
| Median Year Built | 1962 |
| Rent Burden | 32.6% |