Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
Viewing 1-15 of 15 rentals near Richville
What to Know About
Life in Richville & Beyond
Richville shares many of the great qualities that make Minnesota a desirable place to live.
Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.
Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.
Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.
Rental Market Trends
Otter Tail County, MN
As of June 2026, Otter Tail County's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Otter Tail County's average rent is 21.2% ($327) lower than the Minnesota average of $1,539 and 32.6% ($585) lower than the U.S. average of $1,797.
Average Rent
$1,212
Monthly ChangeMonth Over Month Change
7.7% ($87)
Yearly ChangeYear Over Year Change
24.2% ($236)
Avg. Days on MarketAverage Days on Market
42
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,034 | 14.8% ($133) | 13% ($119) |
| 2 Beds | $1,215 | 8.1% ($91) | 4.1% ($48) |
| 3 Beds | $1,397 | 1.8% ($26) | 1.1% ($15) |
| Cities within Otter Tail County | Average Rent | Avg. Rent vs. Otter TailAverage Rent vs. Otter Tail County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Fergus Falls | $1,080 | 10.9% ($132) | 40 days |
| Pelican Rapids | $1,064 | 12.2% ($148) | 44 days |
| Perham | $1,461 | 20.5% ($249) | 44 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Otter Tail County Rental Market FAQs
Explore rental prices, market trends, and availability in Otter Tail County, MN.
The average rent in Otter Tail County, MN is $1,212 per month.
Homes in Otter Tail County typically rent for between $724 and $1,816 per month, with an average of $1,212 per month.
In Otter Tail County, the average rent for a 1-bedroom home is $1,034 per month, for a 2-bedroom home, $1,215 per month, and a 3-bedroom home is $1,397 per month.
The average rent in Otter Tail County is 32.6% ($585) lower than the national average of $1,797 per month.
The average rent in Otter Tail County has increased by 7.7% ($87) in the last month and increased by 24.2% ($236) over the past year.
The rental market in Otter Tail County, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Otter Tail County, MN, the average rental stays on the market for approximately 42 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 15 rental properties available in Otter Tail County, MN.
Based on the current averages, a household would need an annual income of $48,600 to comfortably afford a 2-bedroom home in Otter Tail County.
