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Preforeclosure Homes in Rapid City, MI

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Rapid City, MI Foreclosures

Current Market Conditions in in Rapid City, MI As of June 2026?
Home values: +1.79% MoM; rent: +0.00% MoM.
How much do homes sell for in Rapid City, MI?
The average home price is currently $627,662.
In Rapid City, MI, how many homes are available?
There are currently 4 active home listings available in Rapid City.
What’s the average rental cost in Rapid City, MI?
The average rental price in Rapid City is $1,378.
What is the most expensive home in Rapid City?
The most expensive home sold in Rapid City had a price of $13,436,700.
What is currently the cheapest priced home in Rapid City, MI?
The cheapest home for sale in Rapid City is priced at $11,503.

Living in Rapid City, MI

Rapid City, MI is a quiet Kalkaska County community near Torch Lake and the Chain of Lakes, offering rural homes, recreational properties, and convenient access to Kalkaska, Bellaire, and Traverse City.

Buyer vs Seller Market in Rapid City, MI

Median home value: $365,055 as of 2026-05-14.

Median rent: $1,340 as of 2026-05-14.

Home values: +1.79% MoM, +2.94% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Rapid City, MI

There are currently 2,759 real estate properties in Rapid City, MI, with a median automated valuation model (AVM) price of $365,055.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rapid City, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rapid City, MI, is $627,662.00, with the most expensive house in Rapid City, MI, topping out at $13,436,700.00 and the cheapest home in Rapid City, MI, clocking in at $11,503.00. In other words, there’s something for every potential homebuyer or savvy investor in Rapid City, MI!

Rent Prices In Rapid City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rapid City, MI, is on a rollercoaster ride. The average rent price in Rapid City, MI, is $1,378.00. Indeed, when looking to rent in Rapid City, MI, you can expect to pay as little as $560.00 or as much as $2,580.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Rapid City, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Rapid City, MI Preforeclosure Homes


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