The median home in Pelican Rapids, Minnesota is valued at $357,319, up 4.4% year over year. Pelican Rapids is part of the Fergus Falls, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$357,319

+4.4%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$71,464 on $357,319

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

Out of reach36.6% of income

Need $98,143/yr to afford.

PITI$2,290

P/I36.6%

Afford$273K

Gap-$84K

P&I $1,807Tax $333Ins $150

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

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Pelican Rapids with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Fergus Falls, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Fergus Falls, MN metro.

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Pelican Rapids, MN