Deer River, MN Real Estate

According to census data in the year 2000 there were 415 housing units in Deer River. This represents a 5.9% growth from 392 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 415 were located in what is classified as a rural area.

Homeownership rate in Deer River is about 64.1%. Deer River's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Deer River were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom20.70%
Two Bedrooms36.10%
Three Bedrooms31.80%
Four Bedrooms8.20%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1954
Median Value of occupied units$53,900
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1963
Median Monthly Rent asked for vacant units$538

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage5.50%
Home Equity Loan2.20%
Simple Mortgage32.20%
Debt Free59%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%