Red Lake, MN
Full City Profile · Minnesota · Beltrami County County
2.8
/5.0
C+
Fair
1,506
Population
296/sq mi density
$55,092
Median Income
$16,732 per capita
$136,000
Home Value
$245,304 Zillow
$426
Median Rent
28.8% income on rent
39°F
Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$55,092 median income, 13.9% unemployment
A+
Affordability
5.0 / 5.0
$136,000 home value, $426/mo rent
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher
Housing Overview
Median Home Value
$136,000
52% below
US avg: $281,900
Median Rent
$426/mo
63% below
US avg: $1,163/mo
Homeownership Rate
62.1%
5% below US avg (65.4%)
Total Housing Units
519
Median year built: 1993
Home Value by Source
Census Median
$136,000
Zillow (ZHVI)
$245,304
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.1%
Owner-Occupied
37.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$671/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,288/mo
Census median rent:
$426/mo
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
62.1%
Complete Housing Data
Home Values
| Census Median Value | $136,000 |
| Zillow Home Value (ZHVI) | $245,304 |
Rent
| Census Median Rent | $426 |
| FMR Studio | $671 |
| FMR 1-Bedroom | $742 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,288 |
Market
Ownership & Stock
| Owner-Occupied | 62.1% |
| Renter-Occupied | 37.9% |
| Homeownership Rate | 62.1% |
| Total Housing Units | 519 |
| Median Year Built | 1993 |
| Rent Burden | 28.8% |