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Advertise here →Detroit Lakes, MN · Market Data
Detroit Lakes, Minnesota real estate market data.
Real estate market data for Detroit Lakes, MN (Becker County) — Census median home value $246,200, county listing prices up about 5.8% over the past year.
Detroit Lakes, MN is in Becker County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 10,002, with a median household income of $62,123. Census data puts Detroit Lakes's median home value at $246,200.
At a glance
Detroit Lakes market snapshot
Population
10,002
Median Household Income
$62,123
Median Home Value (city)
$246,200
Median Gross Rent
$925/mo
Price Trend (YoY)
+5.8%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Detroit Lakes different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Detroit Lakes's median home value — across all owner-occupied homes, not just recent sales — at $246,200.
County Price Trend
Becker County's FHFA house price index shows a 5.75% annual change in 2025.
Population & Income
Detroit Lakes has an estimated population of 10,002 and a median household income of $62,123, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Detroit Lakes's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Detroit Lakes FAQ
What are home values like in Detroit Lakes, MN?
The Census Bureau's American Community Survey puts Detroit Lakes's median home value at $246,200.
What is the population of Detroit Lakes, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Detroit Lakes's population at approximately 10,002.
What's the median rent in Detroit Lakes, MN?
The Census ACS estimates median gross rent in Detroit Lakes at approximately $925 per month.
What is the median household income in Detroit Lakes, MN?
Census ACS data puts the median household income in Detroit Lakes at approximately $62,123.
Is the Detroit Lakes housing market growing?
Becker County's FHFA house price index shows a 5.75% annual change in 2025.
Is Detroit Lakes, MN affordable relative to income?
Census ACS data puts Detroit Lakes's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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