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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
59%
41%
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 Market112
Sale-to-List Ratio0.9%
Price Drops9.1%
Homes Sold4
Active Inventory22
Price Per Sq Ft$124

Ownership & Stock

Owner-Occupied59.4%
Renter-Occupied40.6%
Homeownership Rate59.4%
Total Housing Units4,962
Median Year Built1978
Rent Burden34.3%