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Milaca, MN

Full City Profile · Minnesota · Mille Lacs County County

2.9 /5.0
C+ Fair
3,033 Population 887/sq mi density
$49,063 Median Income $36,134 per capita
$184,900 Home Value $236,118 Zillow
$854 Median Rent 29.3% income on rent
42°F Avg Temperature 270 sunny days/yr
344 Violent Crime/100K 4,194 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$49,063 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$184,900 home value, $854/mo rent
F
Safety
1.0 / 5.0
344 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$184,900
34% below
US avg: $281,900
Median Rent
$854/mo
27% below
US avg: $1,163/mo
Homeownership Rate
64.5%
1% below US avg (65.4%)
Total Housing Units
1,614
Median year built: 1974

Home Value by Source

Census Median
$184,900
Zillow (ZHVI)
$236,118
Median Sale Price
$160,000
Median List Price
$277,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.5%
Owner-Occupied
35.5%
Renter-Occupied
65%
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: $854/mo

Market Indicators (Redfin)

Median Days on Market
7 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$181
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
64.5%

Complete Housing Data

Home Values

Census Median Value$184,900
Zillow Home Value (ZHVI)$236,118
Median Sale Price$160,000
Median List Price$277,450
Price Per Sq Ft$181

Rent

Census Median Rent$854
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 Market7
Sale-to-List Ratio1.1%
Price Drops10.0%
Homes Sold3
Active Inventory10
Price Per Sq Ft$181

Ownership & Stock

Owner-Occupied64.5%
Renter-Occupied35.5%
Homeownership Rate64.5%
Total Housing Units1,614
Median Year Built1974
Rent Burden29.3%