Housing in Otter Tail

A typical Otter Tail home is worth roughly $448,000

Typical home value

$448K

MN $351K

Estimate

2-bedroom rent

$1,120

a month, utilities in · HUD

Median tax bill

$3,171

MN $3,357

What kind of housing town is Otter Tail?

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

A second-home town68% of homes are seasonal or vacation homes.A town of owners96% of households own their home.Pricier than MN28% above the Minnesota typical home.

★ What stands out · The homes

96% of Otter Tail households own their home

Half of Otter Tail’s homes were built before 1983.

Owners and renters

Own 96%Rent 5%

Minnesota: 72% own.

1983

typical home built · MN 1979

$3,171

median property tax bill · MN $3,357

0.71%

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

68%

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 4.5 years of income

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

You could afford about

$400,000

Typical Otter Tail home $448K

That’s $48K short of a typical Otter Tail home.

The typical home, each month

$2,610

Loan $2,220Tax $260Insurance $130

A two-bedroom rents for about $1,120 a month here, $1,490 less than owning.

Where your budget reaches nearby

Ottertail$369K Rush Lake$326K Girard$445K Amor$364K Leaf Lake$347K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Otter Tail’s typical property tax (0.71% 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 $1,120

Fair Market Rent a month, utilities included

Studio$770

1 bedroom$860

2 bedrooms$1,120

3 bedrooms$1,560

4 bedrooms$1,640

of households rent · MN 28%

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

Otter Tail vs. its neighbors

Otter Tail is the priciest of 6 neighboring towns. Tap one to see its housing page.

Otter Tail$448K Girard$445K Ottertail$369K Amor$364K Leaf Lake$347K Rush Lake$326K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Otter Tail	$448K*	—	$1,120	—	$100,179
Ottertail	$369K	+5%	$1,150	6	$80,500
Rush Lake	$326K*	—	$1,050	6	$75,000
Girard	$445K*	—	$1,020	0	$91,000
Amor	$364K*	—	$1,070	—	$62,847
Leaf Lake	$347K*	—	$1,060	—	$84,375

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 Otter Tail buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Otter Tail 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.