Grand Marais, MN Real Estate

According to census data in the year 2000 there were 726 housing units in Grand Marais. This represents a 6.8% growth from 680 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 726 were located in what is classified as a rural area.

Homeownership rate in Grand Marais is about 66.4%. Grand Marais's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2 people.

The majority of houses, apartments or condos in Grand Marais were built after 1962.


Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom19.10%
Two Bedrooms37.10%
Three Bedrooms29.20%
Four Bedrooms11.30%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1957
Median Value of occupied units$99,800
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size1.51
Median year structure was built1973
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan5.20%
Simple Mortgage55.20%
Debt Free36.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%