Richville, MN

Full City Profile · Minnesota · Otter Tail County County

1.8 /5.0
D Poor
43 Population 43/sq mi density
$130,000 Home Value $402,265 Zillow
$883 Median Rent 51.0% income on rent
41°F Avg Temperature
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher

Housing Overview

Median Home Value
$130,000
54% below
US avg: $281,900
Median Rent
$883/mo
24% below
US avg: $1,163/mo
Homeownership Rate
54.5%
17% below US avg (65.4%)
Total Housing Units
35
Median year built: 1985

Home Value by Source

Census Median
$130,000
Zillow (ZHVI)
$402,265
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.5%
Owner-Occupied
45.5%
Renter-Occupied
55%
46%
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: $883/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
54.5%

Complete Housing Data

Home Values

Census Median Value$130,000
Zillow Home Value (ZHVI)$402,265

Rent

Census Median Rent$883
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-Occupied54.5%
Renter-Occupied45.5%
Homeownership Rate54.5%
Total Housing Units35
Median Year Built1985
Rent Burden51.0%