Housing in Dead Lake

A typical Dead Lake home is worth roughly $482,000

Typical home value

$482K

MN $351K

Estimate

2-bedroom rent

$1,170

a month, utilities in · HUD

Median tax bill

$3,359

MN $3,357

What kind of housing town is Dead Lake?

Read from the numbers below. The page puts what stands out first.

A second-home town44% of homes are seasonal or vacation homes.Pricier than MN37% above the Minnesota typical home.A town of owners93% of households own their home.

★ What stands out · The homes

93% of Dead Lake households own their home

Half of Dead Lake’s homes were built before 1982.

Owners and renters

Own 93%Rent 7%

Minnesota: 72% own.

1982

typical home built · MN 1979

$3,359

median property tax bill · MN $3,357

0.70%

of a home’s value, a year in tax · MN 1.02%

44%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

A typical home costs 5.7 years of income

More than across Minnesota (3.9 years). Try your own numbers below.

You could afford about

$341,000

Typical Dead Lake home $482K

That’s $142K short of a typical Dead Lake home.

The typical home, each month

$2,810

Loan $2,390Tax $280Insurance $140

A two-bedroom rents for about $1,170 a month here, $1,640 less than owning.

Where your budget reaches nearby

Rush Lake$326K Edna$478K Amor$364K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Dead Lake’s typical property tax (0.70% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,170

Renters already here pay a median of $817, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810

1 bedroom$900

2 bedrooms$1,170

3 bedrooms$1,630

4 bedrooms$1,710

of households rent · MN 28%

renter households

$817

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Otter Tail County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Dead Lake vs. its neighbors

Dead Lake is the priciest of 4 neighboring towns. Tap one to see its housing page.

Dead Lake$482K Edna$478K Amor$364K Rush Lake$326K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Dead Lake	$482K*	—	$1,170	—	$85,000
Rush Lake	$326K*	—	$1,050	6	$75,000
Edna	$478K*	+6.6%†	$1,160	—	$121,071
Amor	$364K*	—	$1,070	—	$62,847

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Dead Lake buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Dead Lake still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.