The town of Rakitovo has a population of 8 000 inhabitants. It is the municipal centre of 2 settlements. The town lies at a distance of 35 km southwest of the district centre. There are mineral waters in the region of Rakitovo. The town is a mountainous resort.

In the region of the municipality have been discovered the remains of a prehistoric settlement, ancient and medieval fortresses. The settlement is mentioned in the Ottoman documents from XVI c.