Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Turtle River

Learn about the people, housing, costs and businesses in Turtle River, Minnesota

Median Home$318,800
Median Rent$1,045/month
Population85
Leading IndustriesPublic Administration · Wholesale Trade · Professional Services31% public administration
Home Value Growth⬆⬆+14.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners94% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Turtle River
MN

Frequently Asked Questions

What are today's mortgage rates in Turtle River?

As of today, the 30-year fixed mortgage rate for Turtle River is approximately 6.965% (7.004% 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 Turtle River
What is the median home price in Turtle River?

The median home value in Turtle River is $319k. The median monthly rent is $1,045. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Turtle River?

Home values in Turtle River have increased 14.8% 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 Turtle River?

Based on a typical all-in ownership cost of $1,136/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Turtle River is $91k/year.

Calculate your buying power
What industries drive the economy in Turtle River?

The largest employment sectors in Turtle River are public administration (31%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.