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Park Rapids, MN
Full City Profile · Minnesota · Becker County County
2.9
/5.0
C+
Fair
4,226
Population
572/sq mi density
$45,800
Median Income
$34,365 per capita
$218,500
Home Value
$307,606 Zillow
$912
Median Rent
30.4% income on rent
40°F
Avg Temperature
276 sunny days/yr
375
Violent Crime/100K
6,100 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$45,800 median income, 3.9% unemployment
B+
Affordability
4.0 / 5.0
$218,500 home value, $912/mo rent
F
Safety
1.0 / 5.0
375 violent crimes/100K
B
Education
3.0 / 5.0
25.6% bachelor's degree or higher
Housing Overview
Median Home Value
$218,500
22% below
US avg: $281,900
Median Rent
$912/mo
22% below
US avg: $1,163/mo
Homeownership Rate
50.8%
22% below US avg (65.4%)
Total Housing Units
1,995
Median year built: 1978
Home Value by Source
Census Median
$218,500
Zillow (ZHVI)
$307,606
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.8%
Owner-Occupied
49.2%
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:
$912/mo
Affordability & Housing Stock
Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
50.8%
Complete Housing Data
Home Values
| Census Median Value | $218,500 |
| Zillow Home Value (ZHVI) | $307,606 |
Rent
| Census Median Rent | $912 |
| 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-Occupied | 50.8% |
| Renter-Occupied | 49.2% |
| Homeownership Rate | 50.8% |
| Total Housing Units | 1,995 |
| Median Year Built | 1978 |
| Rent Burden | 30.4% |