What is the median rent in Park Rapids, MN?

The median gross rent in Park Rapids, MN is $825 (±$297) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 862 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Park Rapids, the median gross rent went from $572 in 2015–2019 to $825 in 2020–2024 (+44.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$825 (±$297)
Rented homes
862 (±142)
$2,000 or more
11.0%
Since 2015–2019
+44.2%

How much rent costs in Park Rapids

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentPark RapidsHubbard CountyMinnesotaUnited States
Less than $50025.8% (±12.1 points)19.4%8.4%6.3%
$500 to $99935.2% (±12.0 points)38.4%21.5%20.2%
$1,000 to $1,49926.5% (±9.2 points)28.1%33.6%28.1%
$1,500 to $1,9991.6% (±2.6 points)2.9%21.4%21.1%
$2,000 to $2,49911.0% (±14.1 points)8.8%9.2%12.0%
$2,500 to $2,9990.0% (±2.6 points)1.1%3.0%5.5%
$3,000 or more0.0% (±2.6 points)1.2%3.0%6.8%

The most common range is $500 to $999, paid by 35.2% of renting households.

11.0% of rented homes in Park Rapids cost $2,000 or more a month.

Park Rapids against Hubbard County, its state and the nation

Estimate (90% margin of error)
Park RapidsHubbard CountyMinnesotaUnited States
Median gross rent$825 (±$297)$905 (±$149)$1,280 (±$7)$1,413
Rented homes paying rent862 (±142)1,307 (±157)614,257 (±4,397)42,849,984

In Park Rapids, median gross rent is not measurably different from Hubbard County ($905).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Hubbard County, Park Rapids ranks 13 of 17 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 938 of 1,347.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Park Rapids has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$572 (±$131)$825 (±$297)+44.2%No measurable change after inflation
Households that rent54.7% (±5.9 points)45.4% (±6.0 points)−9.3 percentage pointsMeasurable decrease
Rental vacancy rate0.0% (±1.8 points)4.7% (±6.2 points)+4.7 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Park Rapids

Nearest places with a published estimate, compared with Park Rapids
PlaceDistanceMedian gross rentCompared with this place
Park Rapids—$825 (±$297)—
Todd Township3.2 mi$1,446 (±$437)Higher
Henrietta Township4.7 mi$1,052 (±$480)Not measurably different
Straight River Township5.7 mi$594 (±$448)Not measurably different
Hubbard Township (Hubbard County)6.1 mi$1,375 (±$817)Not measurably different
Arago Township7.2 mi$900 (±$218)Not measurably different
Osage Township7.5 mi$728 (±$41)Not measurably different
Lake Emma Township9.5 mi$733 (±$225)Not measurably different
Blueberry Township9.9 mi$930 (±$89)Not measurably different

Nearby places with a measurably higher figure: Todd Township, MN ($1,446).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Hubbard County, place by place

RankPlaceMedian gross rent
7Lakeport Township$1,034 (±$550)
8Akeley Township$971 (±$138)
9Hart Lake Township$967 (±$343)
10Arago Township$900 (±$218)
11Mantrap Township$894 (±$300)
12Farden Township$859 (±$115)
13Park Rapids$825 (±$297)
14Guthrie Township$800 (±$96)
15Lake Emma Township$733 (±$225)
16Nevis$595 (±$161)
17Straight River Township$594 (±$448)

Showing 11 of 17 places in Hubbard County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Park Rapids

What is the average rent in Park Rapids, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Park Rapids is $825 (±$297) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Park Rapids?

In Park Rapids, the median gross rent went from $572 in 2015–2019 to $825 in 2020–2024 (+44.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Park Rapids cost more than $2,000 a month?

11.0% of rented homes in Park Rapids have a gross rent of $2,000 or more a month, and 25.8% cost less than $500.

Is rent in Park Rapids higher than in Hubbard County?

In Park Rapids, median gross rent is not measurably different from Hubbard County ($905).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Park Rapids city, Minnesota (place:49768, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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