Becker County, Minnesota Housing Market

In Becker County, Minnesota, the median home value is $291,000, with a median monthly rent of $920. This places Becker County at #670 nationally out of 3134 counties by median home value, and #18 within Minnesota.

Median Home Value $291,000
Median Rent $920/mo
Owner Occupancy 77.2%
Price/Rent Ratio 26.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Becker County rose +5.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,965
jobs (private sector)
  • Avg weekly wage: $1,007
  • Establishments: 1,054
  • BLS QCEW, 2025
🏗️

Housing Supply

182
new units authorized (2025)
  • Single-family: 138
  • Multi-family: 44
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+670
net migration (filers, 2021-2022)
  • Inflow: 14,260 (avg $80,086)
  • Outflow: 13,590 (avg $80,445)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Becker County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56470 266.5 +8.03% 2025
2 56572 296.1 +7.62% 2025
3 56501 306.6 +5.97% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Becker County Compares

MetricBecker CountyMinnesota AverageU.S. Average
Median Home Value $291,000 $238,335 $227,706
Median Gross Rent $920 $938 $968
Owner Occupancy Rate 77.2% 77.9% 73.3%
Price/Rent Ratio 26.4 21.1 18.7

Market Analysis

The median home value in Becker County is 22.1% above the Minnesota state average and 27.8% above the U.S. national average. The median rent of $920/month is 1.9% below the state average.

With a price-to-rent ratio of 26.4, Becker County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Becker County has an owner-occupancy rate of 77.2%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Nye County Nevada $290,900 $1,181
Tompkins County New York $290,900 $1,411
Pueblo County Colorado $291,300 $1,111
Caroline County Maryland $290,100 $1,105
Uinta County Wyoming $290,000 $900

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Cass County $288,300 $863 86.2%
Dodge County $287,700 $1,020 86.6%
Goodhue County $285,100 $966 78.8%
Hubbard County $282,600 $905 83.1%
Isanti County $306,200 $1,273 83.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).