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Aitkin County Housing Market

Minnesota · 87 counties · Ranked #2256 in home value

Below National Avg

Housing at a Glance

Median Home Value

$235,100

vs national$235,100 vs $281,900 national

Median Gross Rent

$912/mo

vs national$912 vs $1,163 national

Effective Tax Rate

0.57%

vs national0.57% vs 1.02% national

Median Household Income

$59,498

vs national$59,498 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,346

Tax as % of Home Value

0.57%

Monthly Owner Cost

$838

Renter Income

$30,599

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Frequently Asked Questions

What is the median home value in Aitkin County?

The median home value in Aitkin County is $235,100. This is below the national median of $281,900.

How much is rent in Aitkin County?

The median gross rent in Aitkin County is $912 per month.

What is the property tax rate in Aitkin County?

The effective property tax rate in Aitkin County is 0.57%. The median annual property tax bill is $1,346.

Is Aitkin County affordable?

With a home-value-to-income ratio of 4x, Aitkin County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.