Home prices
The price of the median home in Red Lake is $69,700. Compared to its nearby areas this is approximately $29,420 (29%) lower.Compared to the entire nation it is roughly $147,800 (67%) lower, and compared to the city of Bemidji is roughly $70,200 (50%) lower.
Rents
In Red Lake the median monthly rent is $568. In comparison to its surrounding areas it is about $23 (3%) lower.Compared to the rest of the country it is approximately $494 (46%) lower, and is approximately $219 (27%) lower compared to the city of Bemidji.
Nearby places
Redby
Redby is Red Lake's neighbor to the east. Housing prices there are a lot less expensive. Redby's median home value is $46,500, which comes out to $23,200 (49%) lower than Red Lake. Rents there are a bit less expensive. In Redby the median rent is $492 a month, which works out to $76 (15%) lower than Red Lake.
Little Rock
Little Rock is Red Lake's neighbor to the west. The real estate prices there are a bit less expensive. The median home in Little Rock costs $63,000, which works out to $6,700 (10%) lower than Red Lake. Rent there is somewhat less expensive. The median rent in Little Rock is $493 per month, which is $75 (15%) lower than Red Lake.
Ponemah
Ponemah is approximately 10 miles northeast from Red Lake. The real estate prices there are a little more expensive. Ponemah's median home price is $93,000, which comes out to $23,300 (25%) higher than Red Lake. Its rents are significantly less expensive. In Ponemah the median rent is $394 a month, which is $174 (44%) lower than Red Lake.
Tenstrike
Tenstrike is approximately 17 miles southeast of Red Lake. Real estate prices there are significantly more expensive. The median home in Tenstrike costs $155,600, which comes out to $85,900 (55%) higher than Red Lake. Rent there is a lot more expensive. Tenstrike's median monthly rent is $858, which is $290 (33%) higher than Red Lake.
Turtle River
Turtle River is about 19 miles southeast of Red Lake. The real estate prices there are significantly more expensive. The median home price in Turtle River is $137,500, which is $67,800 (49%) higher than Red Lake. Rents there are somewhat more expensive. The median rent in Turtle River is $718 per month, which works out to $150 (20%) higher than Red Lake.
