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Housing in Folden

A typical Folden home is worth roughly $270,000

Typical home value
$270K
MN $351K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$1,813
MN $3,357

What kind of housing town is Folden?

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

★ What stands out · Affordability

What it takes to buy in Folden

Try your own numbers below.

You could afford about
$341,000
Typical Folden home $270K

That covers a typical Folden home, with $71K to spare.

The typical home, each month
$1,650
Loan $1,340Tax $230Insurance $80

A two-bedroom rents for about $1,000 a month here, $650 less than owning.

Where your budget reaches nearby

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.

The homes

94% of Folden households own their home

Half of Folden’s homes were built before 1971.

Owners and renters
Own 94%Rent 6%

Minnesota: 72% own.

1971
typical home built · MN 1979
$1,813
median property tax bill · MN $3,357
12%
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.

Renting

A two-bedroom rents for about $1,000

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$760
2 bedrooms$1,000
3 bedrooms$1,380
4 bedrooms$1,450
6%
of households rent · MN 28%
2
renter households

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

Folden vs. its neighbors

The towns that share a border with Folden. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Folden$270K*—$1,000—$66,667
Nidaros——$1,0700$78,125
Elmo—−4.1%†$970—$66,964
Effington—−4.1%†$970—$95,625
Henning$277K+5.6%$9700$78,750

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 Folden buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Folden 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.

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