The median home in Rapid River, Michigan is valued at $197,461, up 5.8% year over year. Rapid River is part of the Escanaba, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$197,461

+5.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$39,492 on $197,461

Example: $75,000 household income. Change it above to see your own.

Affordable22.2% of income

Under the 28% guideline.

PITI$1,385

P/I22.2%

Afford$249K

Room+$52K

P&I $998Tax $253Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Rapid River with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Escanaba, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Escanaba, MI metro.

View Escanaba, MI metro

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Rapid River, MI