Red Lake, MN Real Estate

According to census data in the year 2000 there were 428 housing units in Red Lake. This represents a 32.9% growth from 322 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.

Homeownership rate in Red Lake is about 61%. Red Lake's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 3.4 people.

The majority of houses, apartments or condos in Red Lake were built after 1983.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom8.90%
Two Bedrooms24.30%
Three Bedrooms53%
Four Bedrooms9.60%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1980
Median Value of occupied units$49,300

Rented Homes, Apartments and Condos

Average Household Size3.92
Median year structure was built1986

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan0%
Simple Mortgage42.10%
Debt Free54.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%