All Countries
Perham, MN
Full City Profile · Minnesota · Otter Tail County County
2.8
/5.0
C+
Fair
3,577
Population
999/sq mi density
$47,088
Median Income
$27,057 per capita
$186,000
Home Value
$355,197 Zillow
$813
Median Rent
28.5% income on rent
40°F
Avg Temperature
253 sunny days/yr
138
Violent Crime/100K
138 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$47,088 median income, 10.4% unemployment
A
Affordability
4.5 / 5.0
$186,000 home value, $813/mo rent
F
Safety
1.0 / 5.0
138 violent crimes/100K
B
Education
3.3 / 5.0
28.7% bachelor's degree or higher
Housing Overview
Median Home Value
$186,000
34% below
US avg: $281,900
Median Rent
$813/mo
30% below
US avg: $1,163/mo
Homeownership Rate
54.5%
17% below US avg (65.4%)
Total Housing Units
1,692
Median year built: 1981
Home Value by Source
Census Median
$186,000
Zillow (ZHVI)
$355,197
Median Sale Price
$275,000
Median List Price
$379,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.5%
Owner-Occupied
45.5%
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:
$813/mo
Market Indicators (Redfin)
Median Days on Market
127 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$111
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
54.5%
Complete Housing Data
Home Values
| Census Median Value | $186,000 |
| Zillow Home Value (ZHVI) | $355,197 |
| Median Sale Price | $275,000 |
| Median List Price | $379,000 |
| Price Per Sq Ft | $111 |
Rent
| Census Median Rent | $813 |
| 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 | 127 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 15.4% |
| Homes Sold | 1 |
| Active Inventory | 13 |
| Price Per Sq Ft | $111 |
Ownership & Stock
| Owner-Occupied | 54.5% |
| Renter-Occupied | 45.5% |
| Homeownership Rate | 54.5% |
| Total Housing Units | 1,692 |
| Median Year Built | 1981 |
| Rent Burden | 28.5% |