Housing & Real Estate — Grand Rapids, Minnesota
Overview
| Total Housing Units | 5,138 |
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| Occupied | 4,741 |
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| Vacant | 397 |
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| Owner-Occupied | 2,815 |
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| Renter-Occupied | 1,926 |
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| Median Home Value (Census) | $213,800 |
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| Estimated 2026 | ~$248,000 |
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| Median Rent | $999/mo |
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| Median Property Tax | $2,485/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 19.6% |
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| Severely Rent-Burdened | 49.0% |
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Housing Age
| Built 2010 or later | 601 |
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| Built 2000-2009 | 477 |
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| Built 1990-1999 | 562 |
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| Built before 1960 | 1,316 |
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| Median Year Built | 1978 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
