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Deer River, MN

Full City Profile · Minnesota · Itasca County County

2.7 /5.0
C+ Fair
887 Population 584/sq mi density
$38,029 Median Income $24,995 per capita
$100,000 Home Value $243,568 Zillow
$680 Median Rent 31.1% income on rent
40°F Avg Temperature 276 sunny days/yr
322 Violent Crime/100K 1,929 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$38,029 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $680/mo rent
F
Safety
1.0 / 5.0
322 violent crimes/100K
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher

Housing Overview

Median Home Value
$100,000
65% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
64.3%
2% below US avg (65.4%)
Total Housing Units
388
Median year built: 1981

Home Value by Source

Census Median
$100,000
Zillow (ZHVI)
$243,568
Median Sale Price
$75,000
Median List Price
$139,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.3%
Owner-Occupied
35.7%
Renter-Occupied
64%
36%
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: $680/mo

Market Indicators (Redfin)

Median Days on Market
106 days
Sale-to-List Ratio
0.7%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$42
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
64.3%

Complete Housing Data

Home Values

Census Median Value$100,000
Zillow Home Value (ZHVI)$243,568
Median Sale Price$75,000
Median List Price$139,900
Price Per Sq Ft$42

Rent

Census Median Rent$680
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market106
Sale-to-List Ratio0.7%
Price Drops0.0%
Homes Sold2
Active Inventory2
Price Per Sq Ft$42

Ownership & Stock

Owner-Occupied64.3%
Renter-Occupied35.7%
Homeownership Rate64.3%
Total Housing Units388
Median Year Built1981
Rent Burden31.1%