Grand Rapids MN Multi-family Properties For Sale
The median home value in Grand Rapids, MN is $216,000. This is higher than the county median home value of $197,700. The national median home value is $338,100. The average price of homes sold in Grand Rapids, MN is $216,000. Approximately 58.93% of Grand Rapids homes are owned, compared to 36.11% rented, while 4.96% are vacant. Grand Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Grand Rapids real estate agent to arrange a tour today!
Learn More About Grand Rapids Real EstateStatistics & facts
11,056
Population
$216K
Medium Home Value
4,485
# of Households
4.96%
Housing Vacancy
19.74%
Future Job Growth
5.60%
Unemployment Rate
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Realtor Association of Southern Kentucky. All rights reserved.
Population
Grand Rapids has a population of approximately 11,056 and experiences a population change rate of 42.40%. The population density is 489.8 / sq mi.
Household
The median household income for Grand Rapids is $51,498, with 4,485 households and an average household size of 2.31.
Cost of Living
The cost of living index in Grand Rapids is 85.2%.
Home Value
The median value of a home in Grand Rapids is $216,000 with an appreciation rate of 13.2%. 58.9% of housing in the city is owned while 36.1% is rented.
Employment
The unemployment rate in Grand Rapids is 5.60%, and recent job growth is at -2.47%. Future job growth is projected at 19.74%.
Taxes
The sales tax rate in Grand Rapids is 8.38%, while the income tax rate is 6.80%.
Education
School expenditures in Grand Rapids are $25,830, and the school ratio is 14.8:1.
Weather
The average high temperature in July is 78.8 degrees, with an average low temperature in January of -4.1 degrees. The average rainfall is approximately 28.1 inches per year, with 44.5 inches of snow per year.
Education near Grand Rapids MN
| Metric | City | County |
|---|---|---|
| High School Graduates | 94.71 | 94.38 |
| College Degree - 2 year | 14.23 | 13.86 |
| College Degree - 4 year | 29.87 | 25.15 |
| Graduate Degree | 8.57 | 6.36 |
| Expenditures per Student | $25,830 | $25,830 |
| Students per Teacher | 14.80 | 14.80 |
Elementary Schools near Grand Rapids MN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Cohasset Elementary School | KG - 04 | 248 | 19.3 | 55721 |
| Forest Lake Elementary School | KG - 04 | 401 | 17.3 | 55744 |
| Marble Early Childhood Center | PK - PK | 33 | 8.6 | 55764 |
| Murphy Elementary School | KG - 04 | 375 | 18.1 | 55744 |
| Southwest Elementary School | KG - 04 | 380 | 18.3 | 55744 |
| Vandyke Elementary School | PK - 04 | 418 | 14.3 | 55722 |
Middle Schools near Grand Rapids MN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Greenway Middle | 05 - 08 | 328 | 18.9 | 55722 |
| Robert J. Elkington Middle School | 05 - 08 | 979 | 21 | 55744 |
High Schools near Grand Rapids MN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Grand Rapids Senior High School | 09 - 12 | 1153 | 21.7 | 55744 |
| Greenway Senior High School | 09 - 12 | 300 | 16.2 | 55722 |
| Infinity:Minnesota Digital Academy | 09 - 12 | 0 | null | 55744 |
Ungraded Schools near Grand Rapids MN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Grand Rapids Area Learning Center | 08 - 12 | 82 | 17 | 55744 |
| * Nashwauk-Keewatin ALP | 09 - 12 | 17 | 17 | 55764 |
| Grand Rapids Early Childhood Center | PK - PK | 69 | 14.2 | 55744 |
| Itaskin Education Center | KG - 12 | 47 | 6.7 | 55744 |
| Northland Educational Center | 06 - 12 | 9 | 15 | 55744 |
