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Rapelje

Learn about the people, housing, costs and businesses in Rapelje, Montana

Median Home$473,100
Median Rent$1,188/month
Population91
Leading IndustriesManufacturing · Retail · Wholesale Trade2% manufacturing
Home Value Growth⬆⬆⬆+37.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners84% of occupied units
NotableHigh Incomes$87k/year · top 28% nationally
Rapelje
MT

Frequently Asked Questions

What are today's mortgage rates in Rapelje?

As of today, the 30-year fixed mortgage rate for Rapelje is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rapelje?

The median home value in Rapelje is $473k. The median monthly rent is $1,188. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rapelje?

Home values in Rapelje have increased 37.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rapelje?

Based on a typical all-in ownership cost of $1,350/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rapelje is $87k/year.

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What industries drive the economy in Rapelje?

The largest employment sectors in Rapelje are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.