Housing decision brief
Otter Tail County, MN Housing Market
Otter Tail County screens as a higher purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
61st lowest home value out of 87 Minnesota counties with data | 27th lowest rent out of 87
Median home value
$252,500
Purchase-price signal from Census ACS.
Median rent
$805/mo
Gross rent, including utilities where reported.
Monthly owner cost
$997/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.6x
Median home value divided by local household income.
Rent burden
28.0%
Below 30% usually screens as less pressured.
Rent vs own
$192/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower rent
$805/mo is 8% below Minnesota county median
Rent burden below pressure line
28.00% of renter income goes to rent, below the 30% burden threshold.
What to Check
Lower income base
$70,912 median income is 1% below Minnesota county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- No strong fit signal was available in the current dataset.
Poor Fit For
- Households dependent on a deep local wage market
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Otter Tail County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $252,500 | $221,100 | $281,900 | 14% pressure14% above Minnesota county median |
Median gross rent Lower usually helps affordability. | $805 | $873 | $1,163 | 8% favorable8% below Minnesota county median |
Monthly owner cost Lower usually helps affordability. | $997 | $1,034 | $1,672 | Near state median4% below Minnesota county median |
Median household income | $70,912 | $71,573 | $74,755 | Near state median1% below Minnesota county median |
Effective property-tax rate Lower usually helps affordability. | 0.78% | 0.99% | 1.02% | 22% favorable22% below Minnesota county median |
Rent burden Lower usually helps affordability. | 28.00% | 26.00% | N/A | 8% pressure28.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$38,712
Median income minus rent threshold.
Owner cushion
+$28,183
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Otter Tail County offers affordable rental housing at a median of $805/month , about 13.6% of the typical household income here.
Rent vs own
Renters in Otter Tail County pay $805/month on average, compared to $997/month for homeowners. This market favors renters by about 19%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,200/year. For owner costs at the 28% rule, the required income is roughly $42,729/year. With a median household income of $70,912, most households can comfortably afford rent here. Notably, 28.0% of renter households in Otter Tail County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Minnesota, Otter Tail County is more affordable than Norman County by roughly 7% ($805/mo vs $752/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Pope County, MN | $242,800 | $851/mo | Same-state comparison near $242,800 home value and $851/mo rent. |
| Morrison County, MN | $237,000 | $782/mo | Same-state comparison near $237,000 home value and $782/mo rent. |
| Hubbard County, MN | $255,900 | $923/mo | Same-state comparison near $255,900 home value and $923/mo rent. |
| Wabasha County, MN | $245,800 | $798/mo | Same-state comparison near $245,800 home value and $798/mo rent. |
| Benton County, MN | $247,100 | $917/mo | Same-state comparison near $247,100 home value and $917/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Otter Tail County
Is Otter Tail County affordable for buying a home?
Is renting or owning cheaper in Otter Tail County?
How much income do you need for housing in Otter Tail County?
What should I double-check before moving to Otter Tail County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.