Fergus Falls, MN Real Estate

According to census data in the year 2000 there were 5,917 housing units in Fergus Falls. This represents a 9.9% growth from 5,385 in 1990.

Of those housing units, 5,727 were located in either urbanized areas or urban clusters, and 190 were located in what is classified as a rural area.

Homeownership rate in Fergus Falls is about 65%. Fergus Falls's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Fergus Falls were built after 1959.


Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom17.70%
Two Bedrooms28.10%
Three Bedrooms32.90%
Four Bedrooms15.20%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1955
Median Value of occupied units$76,000
Median Price asked for vacant units$67,600

Rented Homes, Apartments and Condos

Average Household Size1.64
Median year structure was built1970
Median Monthly Rent asked for vacant units$352

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.90%
Home Equity Loan7.10%
Simple Mortgage53.70%
Debt Free33.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%