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Expensive
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These days, finding an affordable place to live in the Red Lake County area can be challenging. Home prices in Red Lake County are now at a median cost of $166,312, lower than the Minnesota average of $345,793.
The average cost of rent is $543/mo in Red Lake County, primarily driven by the current value of real estate in the Red Lake County area. In Red Lake County, 16.58% of households rent, and 52.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Lake County is $6,313 per month. Households that rent pay about 8.60% of their income on rent here. Red Lake County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Pennington County, MN: higher priced homes
- Polk County, MN: higher priced homes
- Marshall County, MN: equally priced homes
- Clearwater County, MN: higher priced homes
- Mahnomen County, MN: equally priced homes
- Norman County, MN: less expensive homes
- Grand Forks County, ND: higher priced homes
- Traill County, ND: higher priced homes
- Beltrami County, MN: higher priced homes
- Walsh County, ND: less expensive homes
Counties with Similar Populations
- Blackford County, IN: less expensive homes
- Wilkinson County, MS: less expensive homes
- Wilkinson County, GA: less expensive homes
- Wilkes County, GA: less expensive homes
- Wilbarger County, TX: less expensive homes
- White County, IL: less expensive homes
- Bleckley County, GA: equally priced homes
- Blanco County, TX: higher priced homes
- Blaine County, OK: less expensive homes
- Blaine County, NE: less expensive homes
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