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These days, finding an affordable place to live in the Big Rapids area can be challenging. Home prices in Big Rapids are now at a median cost of $189,030, lower than the Michigan average of $250,415.
The average cost of rent is $965/mo in Big Rapids, primarily driven by the current value of real estate in the Big Rapids area. In Big Rapids, 39.73% of households rent, and 38.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Big Rapids is $5,018 per month. Households that rent pay about 19.24% of their income on rent here. Big Rapids’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Paris, MI: less expensive homes
- Grant Center, MI: equally priced homes
- Stanwood, MI: equally priced homes
- Woodville, MI: equally priced homes
- Rodney, MI: equally priced homes
- Hawkins, MI: equally priced homes
- Chippewa Lake, MI: equally priced homes
- Canadian Lakes, MI: higher priced homes
- Hersey, MI: less expensive homes
- Pogy, MI: equally priced homes
Cities with Similar Populations
- Kettering, MD: higher priced homes
- Worthington, MN: higher priced homes
- Woodward, OK: equally priced homes
- Wood Dale, IL: higher priced homes
- Key Biscayne, FL: higher priced homes
- Amherst, MA: higher priced homes
- Glenshaw, PA: higher priced homes
- Arkansas City, KS: less expensive homes
- Silsbee, TX: less expensive homes
- Wilkinsburg, PA: less expensive homes
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