Rental numbers for Polk County, MN
The typical home here runs -$1,082 a month at 7.78% with 25% down.
- Gross yield
- 4.9%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- -$1,082/mo
- at 7.78%, 25% down
- Typical price
- $255,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,049/mo
- Zillow ZORI, Aug 2026
ZIP codes in Polk County
12 with published figures
| 56716Crookston | $189,000 | $1,030* | 6.5% | 2.4% | -$649 | n/a |
| 56592Winger | $201,000 | $970* | 5.8% | 1.8% | -$781 | n/a |
| 56523Climax | $206,000 | $970* | 5.7% | 1.7% | -$816 | n/a |
| 56542Fosston | $227,000 | $1,010* | 5.3% | 1.6% | -$919 | n/a |
| 56556McIntosh | $218,000 | $970* | 5.3% | 1.5% | -$902 | n/a |
| 56723Fisher | $283,000 | $1,170* | 5.0% | 1.4% | -$1,194 | n/a |
| 56540Fertile | $245,000 | $970* | 4.8% | 1.2% | -$1,068 | n/a |
| 56722Euclid | $266,000 | $1,030* | 4.7% | 1.4% | -$1,130 | n/a |
| 56684Trail | $293,000 | $1,000* | 4.1% | 1.1% | -$1,318 | n/a |
| 56721East Grand Forks | $296,000 | $990* | 4.0% | 0.6% | -$1,456 | n/a |
| 56646Gully | $304,000 | $990* | 3.9% | 1.0% | -$1,396 | n/a |
| 56535Erskine | $310,000 | $970* | 3.8% | 0.7% | -$1,478 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.2%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.01%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $201,790 | n/a |
| Aug 2022 | $219,546 | n/a |
| Aug 2023 | $225,619 | n/a |
| Aug 2024 | $228,923 | n/a |
| Aug 2025 | $239,965 | n/a |
| Aug 2026 | $254,854 | $1,049 |
HUD Fair Market Rent
FY2027, Grand Forks, ND-MN MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $816 | $821 | $1,014 | $1,404 | $1,695 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.3
- 41 units, last 12 months
- National percentile
- 37th
- among US counties
Tools
Test a listing in Polk County against today's rate.
Open the calculatorPart of the Grand Forks, ND metro.
Questions
- Is Polk County good for rental property?
- The typical home here runs -$1,082 a month at 7.78% with 25% down. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Polk County?
- About 1.01% of value, from Census ACS median taxes paid over median home value. On a $255,000 home that is about $2,569 a year.
- What is Fair Market Rent in Polk County?
- HUD's FY2027 Fair Market Rent here is $821 for a 1-bedroom, $1,014 for a 2-bedroom and $1,404 for a 3-bedroom. Typical cash flow at today's rate is -$1,082 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.