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Housing in Wolf Lake

A typical Wolf Lake home is worth roughly $197,000

Typical home value
$197K
MN $351K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$1,389
MN $3,357

What kind of housing town is Wolf Lake?

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

★ What stands out · Affordability

What it takes to buy in Wolf Lake

Try your own numbers below.

You could afford about
$341,000
Typical Wolf Lake home $197K

That covers a typical Wolf Lake home, with $144K to spare.

The typical home, each month
$1,200
Loan $980Tax $170Insurance $60

A two-bedroom rents for about $980 a month here, $220 less than owning.

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

93% of Wolf Lake households own their home

Half of Wolf Lake’s homes were built before 1977.

Owners and renters
Own 93%Rent 7%

Minnesota: 72% own.

1977
typical home built · MN 1979
$1,389
median property tax bill · MN $3,357
1%
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 $980

Fair Market Rent a month, utilities included

Studio$680
1 bedroom$750
2 bedrooms$980
3 bedrooms$1,280
4 bedrooms$1,410
7%
of households rent · MN 28%
4
renter households

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

Wolf Lake vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Wolf Lake$197K*—$980$73,854
Green Valley—+1.2%†$1,020$94,028
Toad Lake—+7.4%†$980$71,250
Spruce Grove—−2.4%†$1,040$65,250

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 Wolf Lake buyers, sellers and renters are saying.

Town Square →
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Is Wolf Lake still affordable for young families?

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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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