Cost of Living in Red Lake County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Red Lake County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Red Lake County ranks #738 of 3,142 counties for affordability (top 23%)
Sourced county brief
Red Lake County Median GRAPI Below Minnesota Mean
In Red Lake County, the official median gross rent as a percentage of household income (GRAPI) was 18.4%. This value is 8.9 percentage points below the Minnesota unweighted county mean official GRAPI of 27.3%. The median gross rent in the county was estimated at $583, which is $355 below the state unweighted county mean of $938. The median home value was $162,000, compared to the state unweighted county mean of $238,336. For households that own their homes, the median selected monthly owner cost was $860, while the state unweighted county mean was $1,116. Renter-household income was estimated at a median of $39,306, against a median household income for all tenures of $77,188. These figures represent the status during the 2020-2024 period. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Red Lake County
Affordability Verdict
ACS B25071 estimates median gross rent at 18.4% of renter household income in Red Lake County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $583 per month; median selected monthly owner costs are $860. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $23,320 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Minnesota unweighted mean of county median rents is $938 per month. Red Lake County's $583 median is 37.8% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Red Lake County
Rent Burden
9.1%
of gross income
Max Housing (28% Rule)
$1,801
per month
Owner Cost Burden
13.4%
of gross income
You can likely afford the median home in Red Lake County
Median home value is $162,000. Estimated monthly cost: $1,293 vs. your max of $1,801.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Red Lake County, Minnesota?
What is the median rent in Red Lake County?
Is Red Lake County affordable?
How does Red Lake County's rent compare to the state average?
What is the median home value in Red Lake County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Red Lake County, Minnesota? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Red Lake County
Whether you're buying in Red Lake County, Minnesota, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.