Home prices
The median home in Pelican Rapids is valued at $109,000. Compared to nearby areas this is roughly $31,620 (22%) lower.In comparison to the entire nation it is approximately $108,500 (49%) lower, and compared to the city of Fargo it is roughly $103,100 (48%) lower.
Rents
In Pelican Rapids the median monthly rent is $388. This is roughly $303 (43%) lower in comparison to its nearby areas.In comparison to the US as a whole it is about $674 (63%) lower, and is approximately $435 (52%) lower in comparison to the city of Fargo.
Nearby places
Rothsay
Rothsay is roughly 9 miles southwest from Pelican Rapids. Real estate prices there are a little less expensive. The cost of the median home in Rothsay is $93,200, which works out to $15,800 (16%) lower than Pelican Rapids. The rent there is a lot more expensive. The median monthly rent in Rothsay is $750, which comes out to $362 (48%) higher than Pelican Rapids.
Vergas
Vergas is about 12 miles northeast of Pelican Rapids. Housing prices there are a bit more expensive. The median home in Vergas costs $125,900, which is $16,900 (13%) higher than Pelican Rapids. Rents there are a lot more expensive. Vergas's median monthly rent is $583, which works out to $195 (33%) higher than Pelican Rapids.
Barnesville
Barnesville is roughly 14 miles west from Pelican Rapids. The real estate prices there are significantly more expensive. The median home in Barnesville costs $161,100, which works out to $52,100 (32%) higher than Pelican Rapids. The rent there is significantly more expensive. In Barnesville the median rent is $728 per month, which comes out to $340 (46%) higher than Pelican Rapids.
Detroit Lakes
Detroit Lakes is approximately 17 miles northeast from Pelican Rapids. Real estate prices there are a lot more expensive. The median home in Detroit Lakes costs $190,600, which works out to $81,600 (42%) higher than Pelican Rapids. Rent there is significantly more expensive. In Detroit Lakes the median rent is $742 per month, which is $354 (47%) higher than Pelican Rapids.
Fergus Falls
Fergus Falls is roughly 17 miles south from Pelican Rapids. Real estate prices there are a little more expensive. The median home in Fergus Falls is valued at $132,300, which works out to $23,300 (17%) higher than Pelican Rapids. Its rents are a lot more expensive. Fergus Falls's median rent is $653 per month, which is $265 (40%) higher than Pelican Rapids.
