Buildocrat US Land Value Book

Land and home values in Itasca County, Minnesota

Itasca County (small town, Grand Rapids, MN) covers 2,667 square miles and 21 census tracts. Residential land is about $4.36 per sq ft at the county median, from $2.73 in its most rural tracts to $8.74 in its most valuable. The typical home is worth about $244,000 and a 2-bedroom rents for about $1,100 a month, as of October 12, 2026.

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County values

Land: residential$4.36per sq ft
Land: residential$189,747per acre
Land: quarter-acre lot$47,43710,890 sq ft
Land: farmland$4,040per acre
Home: typical (median)$244,000value
Home: entry-level$178,000lower quartile
Home: upper-end$378,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$875per month
Rent: 2-bedroom$1,100per month
Rent: 3-bedroom$1,440per month
Rent: 4-bedroom$1,580per month
Gross yield, 2-bed5.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town3$4.39$270,000$925
Rural12$3.97$244,000$1,120
Farmland6$4.36$275,000$1,080

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
IngerCommunity$6.29$314,000
Timberwolf TownhomesSubdivision$5.68$212,000
Deer RiverTown$5.66$126,000
Ball ClubCommunity$5.58$233,000
CohassetTown$5.43$373,000
ZempleTown$5.22$54,000
Squaw LakeTown$5.06$205,000
TaconiteTown$4.63$248,000

Questions people ask

How much is land worth in Itasca County, MN?

Residential land in Itasca County, MN is about $4.36 per square foot, or $189,747 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $47,437. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Itasca County, MN?

The typical (median) home in Itasca County, MN is worth about $244,000, with entry-level homes around $178,000 and upper-end homes around $378,000, as of October 2026.

How much is rent in Itasca County, MN?

A 2-bedroom rents for about $1,100 a month in Itasca County, MN, a 1-bedroom about $875 and a 3-bedroom about $1,440 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Itasca County, MN?

Farmland averages about $4,040 an acre in Itasca County, MN (USDA, including buildings), well below residential land.

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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