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Remer

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

Median Home$224,100
Median Rent$886/month
Population419
Leading IndustriesManufacturing · Finance & Insurance · Information & Media2% manufacturing
Home Value Growth⬆⬆+15.5% over 2 years
Retirees29% of residentswell above average
Homeowners89% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Remer
MN

Frequently Asked Questions

What are today's mortgage rates in Remer?

As of today, the 30-year fixed mortgage rate for Remer is approximately 6.949% (6.987% 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 Remer?

The median home value in Remer is $224k. The median monthly rent is $886. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Remer?

Home values in Remer have increased 15.5% 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 Remer?

Based on a typical all-in ownership cost of $934/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Remer is $59k/year.

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What industries drive the economy in Remer?

The largest employment sectors in Remer are public administration (21%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.