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Wrenshall

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

Median Home$270,800
Median Rent$1,010/month
Population425
Leading IndustriesFinance & Insurance · Public Administration · Information & Media7% finance & insurance
Home Value Growth+6.1% over 2 years
Young Adults22% of residents
Homeowners94% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$99k/year · top 18% nationally
Wrenshall
MN

Frequently Asked Questions

What are today's mortgage rates in Wrenshall?

As of today, the 30-year fixed mortgage rate for Wrenshall is approximately 6.993% (7.033% 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 Wrenshall?

The median home value in Wrenshall is $271k. The median monthly rent is $1,010. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wrenshall?

Home values in Wrenshall have increased 6.1% over the past two years. This represents moderate growth. 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 Wrenshall?

Based on a typical all-in ownership cost of $1,373/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wrenshall is $99k/year.

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What industries drive the economy in Wrenshall?

The largest employment sectors in Wrenshall are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.