Market Summary

Erhard, Otter Tail County, MN

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Median Home Price Price

$294,559 $294.6K

Median Monthly Rent Rent

$1,037 $1K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Otter Tail County

Region Price Rent GRM Display
$295,665 $932 26.0x
$375,513 $1,017 31.0x
$251,249 $986 21.0x
$355,683 $1,007 29.0x
$311,911 $1,110 23.0x
$336,135 $924 30.0x
$248,509 $913 23.0x
$339,292 $1,059 27.0x
$352,195 $741 40.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Otter Tail County

Region Price Rent GRM Display
$259,465 $834 26.0x
$301,469 $1,090 23.0x
$254,514 $1,035 21.0x
$200,739 $897 19.0x
$255,770 $769 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$309,928 $1,049 25.0x
$288,758 $972 25.0x
$292,666 $1,150 21.0x
$279,615 $1,147 20.0x
$406,213 $1,304 26.0x
$255,001 $955 22.0x
$362,893 $1,532 20.0x
$378,201 $987 32.0x
$565,322 $2,007 23.0x
$167,006 $1,070 13.0x
$349,155 $1,113 26.0x
$268,796 $1,163 19.0x
$200,330 $989 17.0x
$168,790 $1,023 14.0x
$284,208 $1,846 13.0x
$158,530 $910 14.0x
$619,468 $2,176 24.0x
$1,011,600 $966 87.0x
$311,576 $1,145 23.0x
$243,918 $987 21.0x
$306,071 $1,034 25.0x
$163,016 $1,054 13.0x

Home prices

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Monthly rent

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GRM

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Erhard

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Trend Insights

Median Rent in Erhard, MN is $1,037, with MoM change +$10 and YoY change +$68 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Erhard, MN.

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Metric
Base market Erhard, MN
Compare market Select a market
Delta vs base
Median rent
$1,037
N/A
Median price
$294,559
N/A
YoY change
+$68
N/A
Price-to-rent
23.7x
Data unavailable
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