Buildocrat US Land Value Book

Land and home values in Detroit Lakes, MN

Detroit Lakes is a city in Becker County, Minnesota, home to about 10,025 people. Residential land runs about $9.89 per sq ft, the typical home is worth about $309,000, and a 2-bedroom rents for about $1,090 a month, as of October 12, 2026.

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Values in Detroit Lakes

Land: residential$9.89per sq ft
Land: residential$430,634per acre
Land: quarter-acre lot$107,65910,890 sq ft
Home: typical (median)$309,000value
Home: entry-level$196,000lower quartile
Home: upper-end$432,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$835per month
Rent: 2-bedroom$1,090per month
Rent: 3-bedroom$1,430per month
Rent: 4-bedroom$1,570per month
Gross yield, 2-bed4.2%a year

Questions people ask

How much is land worth in Detroit Lakes, MN?

Residential land in Detroit Lakes, MN is about $9.89 per square foot, or $430,634 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $107,659. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Detroit Lakes, MN?

The typical (median) home in Detroit Lakes, MN is worth about $309,000, with entry-level homes around $196,000 and upper-end homes around $432,000, as of October 2026.

How much is rent in Detroit Lakes, MN?

A 2-bedroom rents for about $1,090 a month in Detroit Lakes, MN, a 1-bedroom about $835 and a 3-bedroom about $1,430 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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