Mantrap, MN housing market
Builders were permitted 3 new homes in 2025.
Home values, sales, trends and how Mantrap compares with the towns next door — updated as new data is published.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Mantrap in 2025, all single-family houses, worth about $1 million to build. Over the past 10 years, Mantrap has permitted 27 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mantrap gained 3 residents while 31 new homes were permitted: about 0.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 52% of Mantrap's homes are seasonal or vacation homes, which adds housing without adding residents. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $683,000 |
| 2025 | 3 | 3 | 0 | $1 million |
| 2024 | 1 | 1 | 0 | $303,000 |
| 2023 | 3 | 3 | 0 | $910,000 |
| 2022 | 1 | 1 | 0 | $273,000 |
| 2021 | 3 | 3 | 0 | $644,000 |
| 2020 | 3 | 3 | 0 | $644,000 |
| 2019 | 3 | 3 | 0 | $644,000 |
| 2018 | 3 | 3 | 0 | $644,000 |
| 2017 | 4 | 4 | 0 | $641,000 |
| 2016 | 3 | 3 | 0 | $481,000 |
| 2015 | 3 | 3 | 0 | $481,000 |
| 2014 | 3 | 3 | 0 | $481,000 |
| 2013 | 3 | 3 | 0 | $481,000 |
| 2012 | 3 | 3 | 0 | $481,000 |
| 2011 | 3 | 3 | 0 | $481,000 |
| 2010 | 3 | 3 | 0 | $481,000 |
| 2009 | 3 | 3 | 0 | $200,000 |
| 2008 | 10 | 10 | 0 | $1.5 million |
| 2007 | 13 | 13 | 0 | $2 million |
| 2006 | 6 | 6 | 0 | $894,000 |
| 2005 | 7 | 7 | 0 | $800,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 6 | 6 | 0 | $313,000 |
| 2002 | 3 | 3 | 0 | $235,000 |
| 2001 | 2 | 2 | 0 | $115,000 |
| 2000 | 2 | 2 | 0 | $115,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Mantrap and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mantrap | — | — | $980 | 3 | $85,603 |
| Akeley | $293K | +0.6% | $1,030 | 0 | $66,696 |
| Lake Emma | — | +8%† | $1,010 | — | $100,521 |
| Thorpe | — | — | $990 | 0 | — |
| Nevis | $362K | +2.8% | $970 | — | $69,500 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Mantrap is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mantrap pay a median of $894.
Studio $670 · 4 bedrooms $1,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56467, 56470; Hubbard County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.