| Official Name: | Räägi |
| Settlement Type: | Village |
| Subdivision Type: | Country |
| Subdivision Name: |  Estonia |
| Subdivision Type1: | County |
| Subdivision Name1: | Saare County |
| Subdivision Type2: | Parish |
| Subdivision Name2: | Saaremaa Parish |
| Timezone: | EET |
| Utc Offset: | +2 |
| Timezone Dst: | EEST |
| Utc Offset Dst: | +3 |
Räägi is a village in Saaremaa Parish, Saare County in western Estonia.
Before the administrative reform in 2017, the village was in Leisi Parish.
Architect Mai Šein (born 1946) was born in Räägi village.