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Two Harbors, MN Home Values and Rents
The typical home value in Two Harbors is $292,672, 243rd highest of 363 cities and towns in Minnesota. Median rent is $1,079 a month.
- Typical home value
- $292,672
- 243rd of 363 in MN
- Median rent
- $1,079/mo
- ACS 2020-2024
- Price change, 1 year
- +4.5%
- Sep 2026
- Homeownership
- 68.2%
- MN: 72.2%
Typical home value in Two Harbors
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Two Harbors |
|---|---|
| Sep 2026 | $292,672 |
| Dec 2025 | $287,173 |
| Dec 2024 | $279,923 |
| Dec 2023 | $258,076 |
| Dec 2022 | $250,946 |
| Dec 2021 | $233,269 |
| Dec 2020 | $197,339 |
| Dec 2019 | $182,100 |
| Dec 2018 | $169,946 |
| Dec 2017 | $161,731 |
| Dec 2016 | $153,368 |
| Dec 2015 | $144,153 |
| Dec 2014 | $139,292 |
| Dec 2013 | $142,316 |
| Dec 2012 | $135,317 |
Over five years, Two Harbors prices changed +28.2%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Lake County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $946 | +7.5% |
| 1 bedroom | $1,038 | +6.7% |
| 2 bedrooms | $1,358 | +6.3% |
| 3 bedrooms | $1,618 | +5.7% |
| 4 bedrooms | $1,983 | +6.1% |
Frequently asked questions
- What is the typical home value in Two Harbors, MN?
- The typical home value in Two Harbors is $292,672 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
- How much is rent in Two Harbors?
- The median rent in Two Harbors is $1,079 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,358.
- Are home prices going up in Two Harbors?
- The typical home value in Two Harbors changed +4.5% over one year and +28.2% over five years, as of Sep 2026.
- How does Two Harbors compare with the rest of Minnesota?
- Two Harbors has the 243rd highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.