Nett Lake, MN

Full City Profile · Minnesota · Koochiching County County

2.6 /5.0
C+ Fair
183 Population 106/sq mi density
$35,000 Median Income $21,662 per capita
$842 Median Rent 25.0% income on rent
36°F Avg Temperature
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$35,000 median income, 8.6% unemployment
B+
Affordability
3.8 / 5.0
D
Education
1.7 / 5.0
8.9% bachelor's degree or higher

Housing Overview

Median Rent
$842/mo
28% below
US avg: $1,163/mo
Homeownership Rate
34.7%
47% below US avg (65.4%)
Total Housing Units
121
Median year built: 1986

Ownership vs. Renting

34.7%
Owner-Occupied
65.3%
Renter-Occupied
35%
65%
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: $842/mo

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
34.7%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$205,068

Rent

Census Median Rent$842
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-Occupied34.7%
Renter-Occupied65.3%
Homeownership Rate34.7%
Total Housing Units121
Median Year Built1986
Rent Burden25.0%