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Red Lake, MN Home Values and Rents
The median home value in Red Lake is $116,500, 343rd highest of 363 cities and towns in Minnesota. Median rent is $378 a month.
- Median home value
- $116,500
- 343rd of 363 in MN
- Median rent
- $378/mo
- ACS 2020-2024
- Price change, 1 year
- +5.0%
- County index, 2025
- Homeownership
- 66.3%
- MN: 72.2%
Beltrami County home price trend
FHFA annual House Price Index for Beltrami County, 2000 = 100, compared with Minnesota
Show as a table
| Period | Beltrami County |
|---|---|
| 2025 | 261 |
| 2024 | 248 |
| 2023 | 238 |
| 2022 | 228 |
| 2021 | 197 |
| 2020 | 178 |
| 2019 | 175 |
| 2018 | 165 |
| 2017 | 159 |
| 2016 | 155 |
| 2015 | 151 |
| 2014 | 150 |
| 2013 | 149 |
| 2012 | 147 |
| 2011 | 149 |
Beta
Over five years, Beltrami County prices changed +46.4%, compared with +24.7% for Minnesota.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Beltrami County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $883 | +1.5% |
| 1 bedroom | $940 | +7.3% |
| 2 bedrooms | $1,230 | +8.4% |
| 3 bedrooms | $1,466 | +7.7% |
| 4 bedrooms | $2,041 | +19.0% |
Frequently asked questions
- What is the median home value in Red Lake, MN?
- The median home value in Red Lake is $116,500, based on the American Community Survey 2020-2024 5-year estimates. The Minnesota median is $329,300.
- How much is rent in Red Lake?
- The median rent in Red Lake is $378 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,230.
- Are home prices going up in Red Lake?
- Home prices in Beltrami County changed +5.0% over one year and +46.4% over five years, as of 2025.
- How does Red Lake compare with the rest of Minnesota?
- Red Lake has the 343rd highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.