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market report · 56572
Pelican Rapids, MN · 56572
16 active listings$402,500 median ask$1,788 est. rent0.4% price/rent
$402,500
Median list price
$1,788/mo
Estimated rent
0.4%
Price / rent ratio
16
Listings
FHFA home price index · 2016–2025
72.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.00
Median rent / sqft
15 comps
$297.83
Median sold / sqft
15 comps
—
Walkability
4.0%
Area unemployment
BLS LAUS
Median household income $79,475 · median home value $298,800 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 77).
top deals · highest rent-to-price
201 1st St, Pelican Rapids, MN 56572
Pelican Rapids, MN
$69,900$1,171/mo1.7%
211 5th St, Pelican Rapids, MN 56572
Pelican Rapids, MN
$115,000$1,788/mo1.6%
18 6th St, Pelican Rapids, MN 56572
Pelican Rapids, MN
$183,500$2,824/mo1.5%
504 1st Ave, Pelican Rapids, MN 56572
Pelican Rapids, MN
$175,000$2,104/mo1.2%
47209 Franklin Ct, Pelican Rapids, MN 56572
Pelican Rapids, MN
$210,000$1,652/mo0.8%
607 Maplewood Dr, Pelican Rapids, MN 56572
Pelican Rapids, MN
$205,000$1,580/mo0.8%