Cass County, Minnesota Housing Market Prices
Cass County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 28% below the Minnesota median$171,195
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Median rent 33% below the Minnesota median$862
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cass County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $171,195 | $236,718 | $248,835 |
| Price Trend (Annual %) | 1.2% | 6.6% | 7.5% |
| Median Gross Rent | $862 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cass County is about 28% lower than in Minnesota. Rent is about 33% lower than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cass County, up about 1.2% and 3.1% a year respectively. Rent is changing faster.
Median rent in Cass County rose about 29.7% between 2015 and 2024, from $665 to $862. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Cass County.
Buying the median-priced home in Cass County costs roughly 16.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cass County. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Cass County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $171,195 | $236,718 | $248,835 |
| Median Household Income | $68,462 | $89,852 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cass County fell about 13.9%, while median household income rose about 56.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cass County | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 45.3% | 65.5% | 58.5% |
| Rental Rate | 7.3% | 25.2% | 31.2% |
| Vacancy Rate | 47.4% | 9.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Cass County has a homeownership rate of 45.3%, lower than the Minnesota average of 65.5%. Its housing vacancy rate is 47.4%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Cass County | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1990 | 1976 | 1978 |
| Median Number of Rooms | 5.7 | 6.1 | 5.5 |
The typical housing unit in Cass County was built around 1990. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Cass County, MN Housing Compared With Nearby Counties
Cass County, MN is the smallest of the 4 counties compared here, 30,992 residents against a local median of 45,273. Cass County, MN's median home price, at $171,195, runs 39% below the $280,561 typical of the counties around it.
The counties themselves spread $249,409 on median home price, so Cass County, MN sits at one end of an already wide local range rather than apart from it. Cass County, MN has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cass County, MN | 30,992 | $171,195 #3/4 | $862 #3/4 | 86.2% #1/4 |
| Crow Wing County, MN | 67,686 | $348,837 | $971 | 77.0% |
| Itasca County, MN | 45,273 | $280,561 | $988 | 83.0% |
| Morrison County, MN | 34,249 | $99,428 | $787 | 80.6% |
Frequently Asked Questions
Common questions about the housing market in Cass County, Minnesota.
What is the median home price in Cass County, Minnesota?
The median home price in Cass County, Minnesota is $171,195, lower than the Minnesota average of $236,718.
What is the average home price in Cass County, Minnesota?
The typical home price in Cass County, Minnesota, reported as the median sale price, is $171,195. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cass County, Minnesota?
The median gross rent in Cass County, Minnesota is $862 per month, lower than the Minnesota average of $1,280.
What was the median gross rent in Cass County in 2020?
In 2020, the median gross rent in Cass County, Minnesota was $823 per month.
What is the price-to-rent ratio in Cass County, Minnesota?
The price-to-rent ratio in Cass County, Minnesota is about 16.5, meaning it would take roughly 16.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cass County.
Are home prices or rent rising faster in Cass County, Minnesota?
Both home prices and rent are rising in Cass County, up about 1.2% and 3.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Cass County, Minnesota?
45.3% of households in Cass County, Minnesota own their home, lower than the Minnesota average of 65.5%.
What is the vacancy rate in Cass County, Minnesota?
The housing vacancy rate in Cass County, Minnesota is 47.4%, higher than the Minnesota average of 9.3%.
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