A typical Finland home is worth about $235,000
Up 5.6% in a year, 33% below the Minnesota typical home.
What kind of housing town is Finland?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Finland
Try your own numbers below.
That covers a typical Finland home, with $106K to spare.
A two-bedroom rents for about $1,120 a month here, $310 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 23.6% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Finland | Minnesota |
|---|---|---|
| 2017 | $130,000 | $217,000 |
| 2018 | $135,000 | $232,000 |
| 2019 | $143,000 | $246,000 |
| 2020 | $151,000 | $259,000 |
| 2021 | $171,000 | $282,000 |
| 2022 | $191,000 | $313,000 |
| 2023 | $211,000 | $325,000 |
| 2024 | $209,000 | $331,000 |
| 2025 | $234,000 | $341,000 |
| 2026 | $235,000 | $349,000 |
| August 2026 | $235,000 | $351,000 |
A typical Finland home worth $126K in September 2016 is worth about $235K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,120
Renters already here pay a median of $679, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lake County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
86% of Finland households own their home
Half of Finland’s homes were built before 1967.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Finland vs. its neighbors
The towns that share a border with Finland. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Finland | $235K | +5.6% | $1,120 | $53,500 |
| Beaver Bay | $294K* | — | $1,200 | $75,556 |
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 Finland buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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.