49629
Elk Rapids, Michigan.
Elk Rapids, Antrim County, MI · population 2,038
to buy the typical home at today's mortgage rate — +$1,677 (+168%) since Jan 2020.
- 1 year
- Up $33,270 +7%
- $476,414$509,684 since Sep 2025
- 5 years
- Up $142,663 +39%
- $367,021$509,684 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49629$2,675
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 49629 rose 7.0% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Elk Rapids, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49629
Mid-tier homes, smoothed and seasonally adjusted.
- 49629$509,684
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.8 | 49648 | Kewadin | 2,577 | — | $843,727 |
| 6.9 | 49676 | Rapid City | 3,620 | — | $381,276 |
| 8.9 | 49612 | Alden | 1,220 | — | $414,446 |
| 8.9 | 49686 | Traverse City | 25,492 | $1,945 | $399,620 |
| 8.9 | 49690 | Williamsburg | 6,657 | $1,830 | $476,155 |
| 10.2 | 49615 | Bellaire | 4,120 | — | $368,891 |
| 13.3 | 49622 | Central Lake | 2,634 | — | $348,130 |
| 13.5 | 49682 | Suttons Bay | 4,699 | — | $643,305 |
| 13.9 | 49674 | Omena | 215 | — | $1,075,589 |
| 16.6 | 49696 | Traverse City | 10,477 | $2,200 | $440,231 |
| 16.9 | 49684 | Traverse City | 21,585 | $1,994 | $487,847 |
| 17.0 | 49653 | Lake Leelanau | 1,766 | — | $853,569 |
| 18.0 | 49659 | Mancelona | 7,140 | — | $201,171 |
| 18.3 | 49729 | Ellsworth | 1,470 | — | $323,456 |
| 18.4 | 49670 | Northport | 1,784 | — | $817,350 |
| 18.9 | 49621 | Cedar | 3,483 | — | $529,175 |
| 19.7 | 49680 | South Boardman | 2,206 | — | $217,100 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.