Grand Rapids, MN Real Estate

According to census data in the year 2000 there were 3,600 housing units in Grand Rapids. This represents a 6.5% growth from 3,380 in 1990.

Of those housing units, 3,539 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.

Homeownership rate in Grand Rapids is about 59.4%. Grand Rapids's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Grand Rapids were built after 1967.


Housing Size

Housing Units by Size
Studio Type3.60%
One Bedroom17.80%
Two Bedrooms31.30%
Three Bedrooms32.70%
Four Bedrooms12.40%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1959
Median Value of occupied units$78,000
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1974
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan8.10%
Simple Mortgage51.20%
Debt Free35.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%