Foreclosure Homes in Perham, MN 56573

Current Market Conditions in Perham, MN

The real estate market in Perham has shown steady growth over the years, with an increasing interest from both homebuyers and real estate investors. The town's affordable housing options combined with the demand for rental properties have created a favorable environment for investment, leading to a flourishing real estate scene.

Home prices in Perham remain competitive, allowing investors to find viable properties that yield good rental returns. As the community continues to grow and attract new residents, the market is expected to remain strong, providing ample opportunities for investment.

Rent Prices In Perham, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Perham, MN, is on a rollercoaster ride. The average rent price in Perham, MN, is $1,561.00. Indeed, when looking to rent in Perham, MN, you can expect to pay as little as $580.00 or as much as $2,440.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Perham, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.