Pelican Rapids, MN Real Estate

According to census data in the year 2000 there were 958 housing units in Pelican Rapids. This represents a 13.5% growth from 844 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 958 were located in what is classified as a rural area.

Homeownership rate in Pelican Rapids is about 62.3%. Pelican Rapids's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Pelican Rapids were built after 1960.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom21.70%
Two Bedrooms23%
Three Bedrooms37.90%
Four Bedrooms13.50%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1956
Median Value of occupied units$69,700
Median Price asked for vacant units$53,100

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1972
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.70%
Home Equity Loan5.50%
Simple Mortgage48.30%
Debt Free40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%