Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Regal

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

Median Home$371,200
Median Rent$964/month
Population43
Leading IndustriesConstruction · Agriculture & Mining · Public Administration8% construction
Home Value Growth⬆⬆+11.3% over 2 years
Family-Friendly33% of residentstop 2% nationally
Homeowners88% of occupied units
NotableHigh Incomes$88k/year · top 26% nationally
Regal
MN

Frequently Asked Questions

What are today's mortgage rates in Regal?

As of today, the 30-year fixed mortgage rate for Regal is approximately 6.855% (6.890% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Regal
What is the median home price in Regal?

The median home value in Regal is $371k. The median monthly rent is $964. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Regal?

Home values in Regal have increased 11.3% 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 Regal?

Based on a typical all-in ownership cost of $1,352/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Regal is $88k/year.

Calculate your buying power
What industries drive the economy in Regal?

The largest employment sectors in Regal are public administration (28%) and agriculture and mining (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.