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Red Lake County Housing Market

Minnesota · 87 counties · Ranked #1271 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$157,200

vs national$157,200 vs $281,900 national

Median Gross Rent

$628/mo

vs national$628 vs $1,163 national

Effective Tax Rate

0.96%

vs national0.96% vs 1.02% national

Median Household Income

$77,500

vs national+$77,500 vs $74,755 national

Affordability Ratio

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

Rent Burden

20.0%

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

More Housing Data

Property Tax (Median)

$1,508

Tax as % of Home Value

0.96%

Monthly Owner Cost

$901

Renter Income

$42,917

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Red Lake County?

The median home value in Red Lake County is $157,200. This is below the national median of $281,900.

How much is rent in Red Lake County?

The median gross rent in Red Lake County is $628 per month.

What is the property tax rate in Red Lake County?

The effective property tax rate in Red Lake County is 0.96%. The median annual property tax bill is $1,508.

Is Red Lake County affordable?

With a home-value-to-income ratio of 2x, Red Lake County is considered 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.