Housing
Park Rapids has a cost of living score of 84.4 (lower than the U.S. average), with typical home values around the high $200ks to mid $300k range depending on locality; in Park Rapids, typical home values are reported in the $260k–$320k range depending on the source and year, with rents for a two-bedroom unit often cited around the $900–$1,000/month band in nearby summaries. These figures reflect a relatively affordable, sustainable housing market for the region compared with statewide or national medians.
County-wide and community-level home values have been on an upward trajectory in recent years, with several Hubbard County communities showing double-digit year-over-year increases in home values at times, though local market conditions vary by town and property type. Park Rapids and Nevis/Central Hubbard County towns show rising values, while relative affordability persists in parts of Lake George, Northern Hubbard County, and Akeley depending on exact location and property type. For 2025–2025 windows, Zillow data and regional analyses place typical values in the $250k–$320k range in Park Rapids and nearby towns; rentals in the area tend to be more affordable than many urban markets, though inventory pressures can influence rents.
Park Rapids and Hubbard County have active affordable-housing and workforce-housing initiatives, including HLDC-led Pine Crest and County Line Estates planning, as well as collaboration with the Hubbard County HRA/EDA and local Habitat for Humanity chapters. Ongoing grant opportunities, such as Minnesota Housing Infrastructure Grants, are being pursued to support infrastructure and development for new housing stock.
Local Organizations and Resources
Hubbard County HRA-EDA
Provides opportunities for low- and moderate-income families to attain safe, affordable, and stable housing; manages and coordinates affordable rental housing and related programs within Hubbard County.
301 Court Avenue, Park Rapids, MN 56470
218-732-9118
Website
MAHUBE-OTWA Community Action Partnership – Hubbard County Office
Provides emergency assistance, rent support, rapid rehousing, homelessness prevention, and pathways to stability; supportive services for low- and moderate-income households.
120 Central Ave N, Park Rapids, MN 56470
(218) 732-7204
Website
Heritage Community / Heritage Living Center (Park Rapids)
Senior housing and care options; demonstrates the region’s continuum of housing options, including affordable and supportive housing for older adults.
619 W 6th St, Park Rapids, MN 56470
218-732-3329
Website
Lakes Area Habitat for Humanity
Serves Hubbard County (along with neighboring counties) and coordinates homeownership opportunities, including builds in Park Rapids. Habitat involvement aligns with HLDC objectives to expand affordable homeownership options.
415 8th Ave NE, Brainerd, MN 56401
218-828-8517
Website
Crystal Brook by Vivie
At Crystal Brook, you can enjoy a hassle-free lifestyle, with all the support you need—so you can focus on the things you really love. Our community is designed with an age-in-place model to let you live well in one location for as long as you like.
1006 Crocus Hill St E Park Rapids, MN 56470
(218) 366-8442
Website
Hubbard County Social Services
County agency offering housing‑related assistance and connections to emergency, energy, and transitional housing resources; listed in the Park Rapids community resources listing.
205 Court Avenue Park Rapids, MN 56470
218-732-1451
Website