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Otter Tail County Housing Market

Minnesota · 87 counties · Ranked #2375 in home value

Below National Avg

Housing at a Glance

Median Home Value

$252,500

vs national$252,500 vs $281,900 national

Median Gross Rent

$805/mo

vs national$805 vs $1,163 national

Effective Tax Rate

0.78%

vs national0.78% vs 1.02% national

Median Household Income

$70,912

vs national$70,912 vs $74,755 national

Affordability Ratio

3.6x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$1,966

Tax as % of Home Value

0.78%

Monthly Owner Cost

$997

Renter Income

$35,285

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Frequently Asked Questions

What is the median home value in Otter Tail County?

The median home value in Otter Tail County is $252,500. This is below the national median of $281,900.

How much is rent in Otter Tail County?

The median gross rent in Otter Tail County is $805 per month.

What is the property tax rate in Otter Tail County?

The effective property tax rate in Otter Tail County is 0.78%. The median annual property tax bill is $1,966.

Is Otter Tail County affordable?

With a home-value-to-income ratio of 3.6x, Otter Tail 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.