Grand Rapids, MN
Full City Profile · Minnesota · Itasca County County
3.2
/5.0
B
Good
11,186
Population
500/sq mi density
$56,542
Median Income
$31,552 per capita
$200,600
Home Value
$270,025 Zillow
$999
Median Rent
34.3% income on rent
40°F
Avg Temperature
276 sunny days/yr
178
Violent Crime/100K
1,518 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$56,542 median income, 3.0% unemployment
A+
Affordability
4.7 / 5.0
$200,600 home value, $999/mo rent
F
Safety
1.0 / 5.0
178 violent crimes/100K
B
Education
3.4 / 5.0
30.0% bachelor's degree or higher
Housing Overview
Median Home Value
$200,600
29% below
US avg: $281,900
Median Rent
$999/mo
14% below
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
4,962
Median year built: 1978
Home Value by Source
Census Median
$200,600
Zillow (ZHVI)
$270,025
Median Sale Price
$143,250
Median List Price
$219,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
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:
$999/mo
Market Indicators (Redfin)
Median Days on Market
112 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
34.3%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $200,600 |
| Zillow Home Value (ZHVI) | $270,025 |
| Median Sale Price | $143,250 |
| Median List Price | $219,900 |
| Price Per Sq Ft | $124 |
Rent
| Census Median Rent | $999 |
| 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 Market | 112 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 9.1% |
| Homes Sold | 4 |
| Active Inventory | 22 |
| Price Per Sq Ft | $124 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 4,962 |
| Median Year Built | 1978 |
| Rent Burden | 34.3% |
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