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Orr

Learn about the people, housing, costs and businesses in Orr, Minnesota

Median Home$230,008
Median Rent$733/month
Population208
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade32% public administration
Home Value Growth⬆⬆⬆+29.4% over 2 years
Retirees39% of residentstop 2% nationally
Homeowners92% of occupied units
NotableTransit79/100 · excellent transit access
Orr
MN

Frequently Asked Questions

What are today's mortgage rates in Orr?

As of today, the 30-year fixed mortgage rate for Orr is approximately 6.848% (6.882% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Orr?

The median home value in Orr is $230k. The median monthly rent is $733. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orr?

Home values in Orr have increased 29.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Orr?

Based on a typical all-in ownership cost of $915/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orr is $75k/year.

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What industries drive the economy in Orr?

The largest employment sectors in Orr are public administration (32%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.