Park Rapids Housing Information - Census

IndexPark RapidsMinnesotaNational
Median home price$120,800$185,200$175,700
Median rent asked$494$835$920
Avg. people per household2.02.42.6
Owner occupied households50.2%72.1%64.4%
Renter occupied households49.8%27.9%35.6%

Park Rapids Housing Information - Zillow

IndexPark RapidsMinnesotaNational
Zillow home value indexn/a$194,800$188,100
Year over year appreciation raten/a7.39%5.14%
5 year average appreciation raten/a4.96%4.12%
10 year average appreciation raten/a-0.72%-0.33%

Did you know?

  • The median home price in Park Rapids is 31% lower than the national average.
  • The median rent asked in Park Rapids is 46% lower than the national average.
  • The average number of people per household in Park Rapids is 22% lower than the national average.
  • The number of owner occupied households in Park Rapids is 22% lower than the national average.
  • The number of renter occupied households in Park Rapids is 40% higher than the national average.

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Compare Park Rapids, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Midway, MN12$0100%
Wolf Lake, MN67$81,10054%
Menahga, MN1,395$91,70048%
Nevis, MN411$105,00040%
Osage, MN255$152,80013%
Park Rapids, MN3,894$120,80031%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Carroll Valley, PA3,894$222,40027%
Mar-Mac, NC3,894$86,90051%
Franklin, NC3,893$156,70011%
Marshall, IL3,895$86,80051%
Peaceful Valley, WA3,893$136,60022%
Park Rapids, MN3,894$120,80031%
Source: The Park Rapids, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.