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These days, finding an affordable place to live in the Ottertail area can be challenging. Home prices in Ottertail are now at a median cost of $342,722, lower than the Minnesota average of $345,793.
The average cost of rent is $893/mo in Ottertail, primarily driven by the current value of real estate in the Ottertail area. In Ottertail, 10.57% of households rent, and 49.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ottertail is $6,551 per month. Households that rent pay about 13.64% of their income on rent here. Ottertail’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Heinola, MN: less expensive homes
- Richville, MN: equally priced homes
- Perham, MN: less expensive homes
- New York Mills, MN: less expensive homes
- Dent, MN: higher priced homes
- Henning, MN: less expensive homes
- Battle Lake, MN: equally priced homes
- Deer Creek, MN: less expensive homes
- Vining, MN: equally priced homes
- Clitherall, MN: equally priced homes
Cities with Similar Populations
- Walcott, IA: less expensive homes
- Due West, SC: less expensive homes
- Dunsmuir, CA: less expensive homes
- Edgemoor, SC: less expensive homes
- Elizabeth, WV: less expensive homes
- Fountain City, WI: less expensive homes
- Grundy, VA: less expensive homes
- Worthington, IN: less expensive homes
- Willisburg, KY: less expensive homes
- Wellington, TX: less expensive homes
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