Housing in Pike Bay

A typical Pike Bay home is worth roughly $151,000

Typical home value

$151K

MN $351K

Estimate

2-bedroom rent

$1,060

a month, utilities in · HUD

Median tax bill

$1,165

MN $3,357

What kind of housing town is Pike Bay?

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

Your money goes further57% below the Minnesota typical home.A second-home town25% of homes are seasonal or vacation homes.

★ What stands out · Affordability

A typical home costs 2.1 years of income

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

You could afford about

$289,000

Typical Pike Bay home $151K

That covers a typical Pike Bay home, with $138K to spare.

The typical home, each month

$890

Loan $750Tax $100Insurance $40

A two-bedroom rents for about $1,060 a month here, $170 more than owning.

Where your budget reaches nearby

Wilkinson$192K Farden$272K Ten Lake$201K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pike Bay’s typical property tax (0.77% 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

73% of Pike Bay households own their home

Half of Pike Bay’s homes were built before 1980.

Owners and renters

Own 73%Rent 27%

Minnesota: 72% own.

1980

typical home built · MN 1979

$1,165

median property tax bill · MN $3,357

0.77%

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

25%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,060

Renters already here pay a median of $725, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$790

1 bedroom$830

2 bedrooms$1,060

3 bedrooms$1,400

4 bedrooms$1,740

27%

of households rent · MN 28%

112

renter households

33%

of renters spend 30%+ of income on rent · MN 48%

17%

of the median income, for a two-bedroom

$725

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Beltrami 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

Pike Bay vs. its neighbors

Pike Bay is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Farden$272K Ten Lake$201K Wilkinson$192K Pike Bay$151K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Pike Bay	$151K*	—	$1,060	—	$72,750
Wilkinson	$192K*	—	$1,060	—	$64,286
Farden	$272K*	+2.8%†	$1,080	—	$72,328
Ten Lake	$201K*	—	$1,080	7	$70,750
Hart Lake	—	+0.7%†	$1,030	—	$88,750

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 Pike Bay buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Pike Bay 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.