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These days, finding an affordable place to live in the Rapson area can be challenging. Home prices in Rapson are now at a median cost of $180,498, lower than the Michigan average of $250,415.
The average cost of rent is $772/mo in Rapson, primarily driven by the current value of real estate in the Rapson area. In Rapson, 9.56% of households rent, and 66.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rapson is $5,007 per month. Households that rent pay about 15.41% of their income on rent here. Rapson’s most expensive areas are in the southern 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
- Verona, MI: higher priced homes
- Filion, MI: less expensive homes
- Redman, MI: equally priced homes
- Bad Axe, MI: less expensive homes
- Kinde, MI: less expensive homes
- Port Hope, MI: equally priced homes
- Harbor Beach, MI: less expensive homes
- Ruth, MI: equally priced homes
- Pinnebog, MI: less expensive homes
- Port Austin, MI: equally priced homes
Cities with Similar Populations
- White Oak, VA: equally priced homes
- Alpine Heights, CA: higher priced homes
- Alquina, IN: higher priced homes
- Amasa, MI: less expensive homes
- Anabel, MO: less expensive homes
- Archer, NE: higher priced homes
- Phillips, OK: less expensive homes
- Piedmont Springs, AL: less expensive homes
- Philadelphia, IN: higher priced homes
- Petroleum, KY: equally priced homes
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