Housing in Isle Harbor

A typical Isle Harbor home is worth roughly $263,000

Typical home value

$263K

MN $351K

Estimate

2-bedroom rent

$1,020

a month, utilities in · HUD

Median tax bill

$2,186

MN $3,357

What kind of housing town is Isle Harbor?

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

A second-home town35% of homes are seasonal or vacation homes.Your money goes further25% below the Minnesota typical home.A town of owners94% of households own their home.

★ What stands out · The homes

94% of Isle Harbor households own their home

Half of Isle Harbor’s homes were built before 1982.

Owners and renters

Own 94%Rent 6%

Minnesota: 72% own.

1982

typical home built · MN 1979

$2,186

median property tax bill · MN $3,357

0.83%

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

35%

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 4.2 years of income

About the same as across Minnesota. Try your own numbers below.

You could afford about

$244,000

Typical Isle Harbor home $263K

That’s $19K short of a typical Isle Harbor home.

The typical home, each month

$1,560

Loan $1,300Tax $180Insurance $80

A two-bedroom rents for about $1,020 a month here, $540 less than owning.

Where your budget reaches nearby

Isle$309K South Harbor$330K East Side$243K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Isle Harbor’s typical property tax (0.83% 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 $1,020

Renters already here pay a median of $1,750.

Fair Market Rent a month, utilities included

Studio$770

1 bedroom$780

2 bedrooms$1,020

3 bedrooms$1,250

4 bedrooms$1,710

of households rent · MN 28%

renter households

$1,750

median rent paid today · Census

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

Next door

Isle Harbor vs. its neighbors

Isle Harbor is the 2nd least expensive of 4 neighboring towns. Tap one to see its housing page.

South Harbor$330K Isle$309K Isle Harbor$263K East Side$243K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Isle Harbor	$263K*	—	$1,020	—	$62,232
Isle	$309K	+3.9%	$990	1	$54,773
South Harbor	$330K*	+17.6%†	$1,100	—	$68,250
Hay Brook	—	+9%†	$990	0	$80,417
East Side	$243K*	+9%†	$990	—	$76,500
Lewis	—	+3.1%†	$990	—	—
Idun	—	+9%†	$1,010	—	$42,500

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 Isle Harbor buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Isle Harbor 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.