Buildocrat US Land Value Book

Land and home values in Red Lake County, Minnesota

Red Lake County (rural) covers 432 square miles and 2 census tracts. Residential land is about $1.62 per sq ft at the county median, from $1.60 in its most rural tracts to $1.62 in its most valuable. The typical home is worth about $179,000 and a 2-bedroom rents for about $985 a month, as of October 12, 2026.

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County values

Land: residential$1.62per sq ft
Land: residential$70,741per acre
Land: quarter-acre lot$17,68510,890 sq ft
Land: farmland$3,550per acre
Home: typical (median)$179,000value
Home: entry-level$112,000lower quartile
Home: upper-end$250,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$755per month
Rent: 2-bedroom$985per month
Rent: 3-bedroom$1,290per month
Rent: 4-bedroom$1,500per month
Gross yield, 2-bed6.6%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Farmland2$1.62$179,000$985

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.

Highest-value places

PlaceTypeLand $/sq ftTypical home
PlummerTown$1.69$137,000
Red Lake FallsTown$1.67$153,000
OkleeTown$1.61$134,000
Oklee Community HomesSubdivision$1.60$177,000
BrooksTown$1.57$106,000

Questions people ask

How much is land worth in Red Lake County, MN?

Residential land in Red Lake County, MN is about $1.62 per square foot, or $70,741 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $17,685. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Red Lake County, MN?

The typical (median) home in Red Lake County, MN is worth about $179,000, with entry-level homes around $112,000 and upper-end homes around $250,000, as of October 2026.

How much is rent in Red Lake County, MN?

A 2-bedroom rents for about $985 a month in Red Lake County, MN, a 1-bedroom about $755 and a 3-bedroom about $1,290 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Red Lake County, MN?

Farmland averages about $3,550 an acre in Red Lake 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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