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Thief River Falls, MN

Full City Profile · Minnesota · Pennington County County

3.2 /5.0
B Good
8,841 Population 1,474/sq mi density
$65,244 Median Income $39,007 per capita
$169,300 Home Value $184,400 Zillow
$884 Median Rent 23.4% income on rent
40°F Avg Temperature 200 sunny days/yr
68 Violent Crime/100K 1,496 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,244 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$169,300 home value, $884/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher

Housing Overview

Median Home Value
$169,300
40% below
US avg: $281,900
Median Rent
$884/mo
24% below
US avg: $1,163/mo
Homeownership Rate
62.6%
4% below US avg (65.4%)
Total Housing Units
4,442
Median year built: 1970

Home Value by Source

Census Median
$169,300
Zillow (ZHVI)
$184,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.6%
Owner-Occupied
37.4%
Renter-Occupied
63%
37%
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: $884/mo · Zillow rent: $1,040/mo

Affordability & Housing Stock

Rent Burden
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
62.6%

Complete Housing Data

Home Values

Census Median Value$169,300
Zillow Home Value (ZHVI)$184,400

Rent

Census Median Rent$884
Zillow Rent (ZORI)$1,040
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-Occupied62.6%
Renter-Occupied37.4%
Homeownership Rate62.6%
Total Housing Units4,442
Median Year Built1970
Rent Burden23.4%