Morgan, Redwood County, MN

Median Home Price Price

$117,966 $118K

Median Monthly Rent Rent

$1,299 $1.3K

7.0x

Market Snapshot

Morgan, Redwood County, MN is a city market with a median home price of $117,966, a median monthly rent of $1,299, a GRM of 7.0x, and a price-to-rent ratio of 7.6.

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 Redwood

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

More markets to explore

03 Bemidji, Beltrami County, MN
Within state Higher GRM Premium price Similar rent Rent momentum
High confidence
Price $202.1K
Rent $1.3K
GRM 13.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Pierz, Morrison County, MN
$237K $1.2K 16.0x
Fergus Falls, Otter Tail County, MN
$188K $1.1K 14.0x
Bemidji, Beltrami County, MN
$202K $1.3K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Mexico, Miami County, IN
$144K $1.1K 11.0x
Pell Lake, Walworth County, WI
$274K $1.3K 17.0x
Bellevue, Peoria County, IL
$96K $1.1K 7.0x

Home prices

Monthly rent

GRM = home price / annual rent

Morgan

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Benchmark comparison

Compare Morgan, MN to another market.

Compare to Pierz, MN
Morgan, MN
Pierz, MN
Delta
Median rent
$1,299
N/A
—
Median price
$117,966
N/A
—
YoY change
+$142
N/A
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Price-to-rent
7.6x
Data unavailable
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Key takeaways

  • Morgan, Redwood County, MN has a lower-grm screening profile: At 7.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $142 year over year.
  • Next discovery step: compare Pierz, Morrison County, MN from the Within state set.