Median Age
40 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
26%
Over 65
24%
Avg Rent
$696
Population
3,649
Renter Mix
49% Rent
Nestled between a number of state forests and bodies of water in the Heartland Lakes region is Park Rapids, a beautiful city that’s ripe with natural beauty and easy access to incredible outdoor destinations. This quaint town is a characterful locale for residents and tourists alike thanks to its colorful Main Street district with its charming locally owned shops and restaurants. There’s a diverse array of apartments and other rentals in Park Rapids, each one perfect for the average outdoor lover or a renter who just enjoys the peace and quiet of the countryside.
Fishhook Lake is part of the town’s geography and culture. It’s a popular ice fishing spot in the winter months. Locals gather all year round at the watering holes near the city town and at the parks along the water when the climate is milder. If you’re looking for a rental with quick access to the natural world, look in Park Rapids.
Median Household Income
$42,596
Average: $58,290
Education
873
Residents Have a Degree
Job Market
1,713
Workers Employed
Median Age
40 Years
Largest Age Group
5-14 Years
Approximately 13% of Residents
Under 20
26%
Over 65
24%
Housing Distribution
Park Rapids has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Park Rapids, MN is $527 for a studio, $696 for one bedroom, $793 for two bedrooms, and $973 for three bedrooms. Apartment rent in Park Rapids has decreased by -2.5% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Park Rapids, MN is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Park Rapids Area Century Elementary
Public
Grades PK-5
618 Students
Park Rapids Area Century Middle
Public
Grades K-8
497 Students
Park Rapids Area Century Middle
Public
Grades K-8
497 Students
Park Rapids Virtual Academy Middle
Public
Grades 6-8
10 Students
Public
Grades 9-12
497 Students
Headwaters Ed. Learning Program
Public
Grades 9-12
Park Rapids Virtual Academy High
Public
Grades 9-12
4 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.