Commercial Real Estate Market in Rudyard, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
19 active listings and 101 off-market properties in Rudyard, MI.
Market Trends
Rudyard, MI spans 269.5 square miles in Chippewa County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Rudyard, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Rudyard, MI asks $79/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rudyard, MI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Rudyard, MI asks $93/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 74.5%
- Mixed use 13%
- Open space 8.7%
- Commercial 3.8%
Largest Zones share of zoned land by district
Residential
Business Mixed Use
Recreation Conservation
Village Center
Rudyard, MI zones 395 acres across 4 districts. Commercial zoning covers 3.8% of zoned land, open space 8.7% and industrial 74.5%. The largest single district is Residential at 74.5%. For commercial buyers the practical constraint is that only 78.3% of land carries a commercial or industrial designation.
Residential (R)
The Residential District is established for which the primary use of land is for residential dwellings, The intent of this district is to Encourage the construction of and the continued use of the land for residential dwellings, Prohibit business, commercial or industrial use of the land and to prohibit any other use of the land which would substantially int…
Market overview
Demographics & Economy
Rudyard, MI has 1,795 residents in 985 households. Density runs 7 people per square mile. Median household income here is $70,417 and median gross rent $708 a month.
1,795
Population
985
Households
1.8
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
269.5 sq mi
ZIP Area
7
Density / Sq Mi
$70,417
Median Household Income
$32,888
Median Earnings
$708
Median Rent
$139,300
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Rudyard?
Commercial property in Rudyard, MI asks an average of $858 per square foot. Multifamily carries the highest asking price at $93/SF.
What zoning applies to commercial property in Rudyard?
Rudyard, MI zones 395 acres across 4 districts, of which 3.8% is commercial and 74.5% industrial. The largest single district is Residential at 74.5% of zoned land. The Residential District is established for which the primary use of land is for residential dwellings, The intent of this district is to Encourage the construction of and the continued use of the land for residential dwellings, Prohibit business, commercial or industrial use of the land and to prohibit any other use of the land which would substantially int… Residential zoning covers 0% and open space 8.7%.
Where does Realmo's Rudyard market data come from?
Realmo compiles Rudyard, MI figures from 19 active sale listings, 101 tracked off-market properties, the current Rudyard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Rudyard, MI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 395 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
