The median home in Park Rapids, Minnesota is valued at $303,498, up 2.8% year over year.

Home Value$303,498

+2.8%

Prices rising — worse for buyers.

Affordability

Enter your income for Park Rapids.

Income (annual)

Down Payment

$60,700 on $303,498

Example: $75,000 household income. Change it above to see your own.

Stretch31.5% of income

Above 28% but manageable with cuts.

PITI$1,968

P/I31.5%

Afford$270K

Gap-$34K

P&I $1,535Tax $283Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Other cities in Minnesota

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Park Rapids, MN