Big Falls, MN
Full City Profile · Minnesota · Koochiching County County
3.2
/5.0
B
Good
157
Population
26/sq mi density
$26,071
Median Income
$29,245 per capita
$48,500
Home Value
$163,779 Zillow
$550
Median Rent
27.5% income on rent
38°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$26,071 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$48,500 home value, $550/mo rent
D
Education
1.9 / 5.0
11.3% bachelor's degree or higher
Housing Overview
Median Home Value
$48,500
83% below
US avg: $281,900
Median Rent
$550/mo
53% below
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
154
Median year built: 1973
Home Value by Source
Census Median
$48,500
Zillow (ZHVI)
$163,779
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.2%
Owner-Occupied
20.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$550/mo
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
79.2%
Complete Housing Data
Home Values
| Census Median Value | $48,500 |
| Zillow Home Value (ZHVI) | $163,779 |
Rent
| Census Median Rent | $550 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 79.2% |
| Renter-Occupied | 20.8% |
| Homeownership Rate | 79.2% |
| Total Housing Units | 154 |
| Median Year Built | 1973 |
| Rent Burden | 27.5% |