Housing in Aitkin County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Aitkin County averages $869/month for a 2‑bedroom in 2024, compared to the Minnesota median of $1,280 and the national median of $1,413. Local renters spend approximately 35% of household income on rent, above the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Aitkin County FMR Area are $756 for a studio, $761 for 1‑bedroom, $998 for 2‑bedroom, $1,388 for 3‑bedroom, and $1,508 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $129 increase for a 2-bedroom in Aitkin County shows a 15% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Aitkin County was 5.2% in 2024, compared to Minnesota at 3.0% and the national rate of 4.0%.

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Towns near Jacobson

City
County
State
Miles
Mille Lacs
MN
0.0
Mille Lacs
MN
8.1
Mille Lacs
MN
9.5
Mille Lacs
MN
13.6
Mille Lacs
MN
13.9
Kanabec
MN
19.7
Kanabec
MN
25.9
Mille Lacs
MN
35.2
Mille Lacs
MN
36.7
Mille Lacs
MN
40.8
Aitkin
MN
43.5
Aitkin
MN
61.9
Aitkin
MN
72.0
Aitkin
MN
74.5
Aitkin
MN
76.3
Aitkin
MN
92.7
Aitkin
MN
97.2
Aitkin
MN
97.5

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Jacobson, MN

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