Home prices
The median home cost in Park River is $84,100. Compared to nearby areas it is about $22,340 (36%) higher.It is about $133,400 (61%) lower compared to the country as a whole, and is about $126,200 (60%) lower in comparison to the city of Grand Forks.
Rents
Park River's median rent is $768 a month. This is about $108 (16%) higher compared to its surrounding areas.It is about $294 (27%) lower in comparison to the rest of the country, and compared to the city of Grand Forks is approximately $43 (5%) lower.
Nearby places
Edinburg
Edinburg is roughly 7 miles northwest from Park River. The real estate prices there are a bit less expensive. The median home price in Edinburg is $75,600, which works out to $8,500 (11%) lower than Park River. Rent there is a bit less expensive. Edinburg's median monthly rent is $636, which comes out to $132 (20%) lower than Park River.
Hoople
Hoople is roughly 9 miles northeast of Park River. Its real estate prices are significantly less expensive. The median home in Hoople costs $62,100, which is $22,000 (35%) lower than Park River. Its rents are similar. In Hoople the median rent is $807 per month, which comes out to $39 (4%) higher than Park River.
Crystal
Crystal is about 12 miles north from Park River. The real estate prices there are a lot less expensive. The cost of the median home in Crystal is $41,400, which comes out to $42,700 (103%) lower than Park River. Its rents are somewhat less expensive. The median monthly rent in Crystal is $655, which is $113 (17%) lower than Park River.
Adams
Adams is roughly 12 miles west from Park River. The housing prices there are a lot less expensive. The median home in Adams is valued at $45,000, which works out to $39,100 (86%) lower than Park River. Rents there are substantially less expensive. Adams's median rent is $525 per month, which works out to $243 (46%) lower than Park River.
Grafton
Grafton is approximately 13 miles east from Park River. Housing prices there are fairly similar. The median home in Grafton costs $84,700, which is very similar to Park River. The rent there is a bit less expensive. In Grafton the median monthly rent is $676, which is $92 (13%) lower than Park River.
