Wahpeton, Dickinson County, IA

Median Home Price Price

$535,249 $535.2K

Median Monthly Rent Rent

$1,091 $1.1K

41.0x

Market Snapshot

Wahpeton, Dickinson County, IA is a city market with a median home price of $535,249, a median monthly rent of $1,091, a GRM of 41.0x, and a price-to-rent ratio of 40.9.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within Dickinson

No same-county alternatives are available for this market yet.

More markets to explore

01 Battle Lake, Otter Tail County, MN
Top recommendation Outside state Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $392.2K
Rent $1.2K
GRM 27.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Battle Lake, Otter Tail County, MN
$392K $1.2K 27.0x
Perham, Otter Tail County, MN
$339K $1.1K 27.0x
Stone Lake, Sawyer County, WI
$445K $1.1K 35.0x

Home prices

Monthly rent

GRM = home price / annual rent

Wahpeton

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Benchmark comparison

Rent in Wahpeton, IA is 11.0% lower than Battle Lake, MN.

Compare to Battle Lake, MN
Wahpeton, IA
Battle Lake, MN
Delta
Median rent
$1,091
$1,226
+$135
Median price
$535,249
$392,165
-$143,084
YoY change
+$87
+$91
+$4
Price-to-rent
40.9x
26.7x
-14.2x

Key takeaways

  • Wahpeton, Dickinson County, IA has a higher-grm screening profile: At 41.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $87 year over year.
  • Rent in Wahpeton, IA is 11.0% lower than Battle Lake, MN.