Housing & Real Estate — Detroit Lakes, Minnesota
Overview
| Total Housing Units | 5,108 |
|---|
| Occupied | 4,485 |
|---|
| Vacant | 623 |
|---|
| Owner-Occupied | 2,671 |
|---|
| Renter-Occupied | 1,814 |
|---|
| Median Home Value (Census) | $265,800 |
|---|
| Estimated 2026 | ~$318,000 |
|---|
| Median Rent | $925/mo |
|---|
| Median Property Tax | $2,359/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 17.6% |
|---|
| Severely Rent-Burdened | 36.5% |
|---|
Housing Age
| Built 2010 or later | 726 |
|---|
| Built 2000-2009 | 747 |
|---|
| Built 1990-1999 | 648 |
|---|
| Built before 1960 | 1,613 |
|---|
| Median Year Built | 1975 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
