Park Rapids Housing Information - Census

IndexPark RapidsMinnesotaNational
Median home price$118,500$191,500$184,700
Median rent asked$481$873$949
Avg. people per household2.32.42.6
Owner occupied households49.8%71.4%63.6%
Renter occupied households50.2%28.6%36.4%

Park Rapids Housing Information - Zillow

IndexPark RapidsMinnesotaNational
Zillow home value index$181,154$225,210$213,146
Year over year appreciation rate4.06%8.17%8.00%
5 year average appreciation rate3.98%7.16%6.57%
10 year average appreciation rate1.40%1.78%1.33%

Did you know?

  • The median home price in Park Rapids is 36% lower than the national average.
  • The median rent asked in Park Rapids is 49% lower than the national average.
  • The average number of people per household in Park Rapids is 12% 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 38% 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, MN15$0100%
Wolf Lake, MN31$81,70056%
Menahga, MN1,287$90,90051%
Nevis, MN402$102,80044%
Osage, MN294$156,00016%
Park Rapids, MN3,898$118,50036%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Aumsville, OR3,899$156,70015%
Arlington, NY3,899$202,80010%
Montesano, WA3,897$191,4004%
Elmira Heights, NY3,899$78,90057%
Chester, NY3,896$205,30011%
Park Rapids, MN3,898$118,50036%
Source: The Park Rapids, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.