Park Rapids Homes under $400,000

Welcome to Park Rapids, Minnesota—a charming city nestled in the heart of the North Woods, where natural beauty meets small-town charm. Known for its stunning lakes, lush forests, and vibrant community spirit, Park Rapids offers a serene lifestyle that appeals to both families and retirees alike. With a rich history and a bustling downtown area, residents enjoy a blend of outdoor recreation and local culture, making it a perfect place to call home.

One of the most appealing aspects of Park Rapids is its diverse real estate market, particularly for those seeking homes under $400,000. Here, you can find a variety of properties that cater to different tastes and lifestyles. From cozy single-family homes with picturesque views to modern townhouses that provide low-maintenance living, there’s something for everyone. Many homes are surrounded by the area's natural beauty, offering easy access to outdoor activities such as fishing, hiking, and boating on the nearby lakes.

Living in Park Rapids means embracing a community rich in amenities, including local shops, restaurants, and seasonal festivals that bring residents together. The area is also known for its excellent schools and friendly neighborhoods, making it an ideal choice for families. Whether you’re looking for a peaceful retreat or a vibrant community, Park Rapids offers a welcoming atmosphere and affordable housing options that make it a wonderful place to settle down. Explore the possibilities today and discover your dream home in this idyllic Minnesota city!

Newest Park Rapids Homes under $400,000

$279,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7153901 MLS ⋅ 2,264 SqFt.

Just 2 miles from Park Rapids! This 4-bedroom, 2-bathroom home sits on just over an acre, offering the ideal blend of country space and near-town convenience for a growing family. Inside, you'll find a spacious kitchen perfect for gathering, beautiful hardwood floors, and ample room across all levels. Complete with both an attached garage and a separate detached garage, there's plenty of room for vehicles, storage, and hobbies. Enjoy room to spread out inside and out while staying just minutes from the town of Park Rapids. A new roof will be put on before closing.

19761 Ermine Trail, Park Rapids

Listing courtesy of Keller Williams Realty Professionals.

$164,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7157335 MLS ⋅ 820 SqFt.

Check this out! Move-in ready, classic rambler construction situated on a low maintenance corner lot. It is neat and clean featuring two main-level bedrooms, two bathrooms, forced-air natural gas heat and an impressive kitchen highlighted by rustic oak shaker style cabinets with soft-close doors. Buyers will also love the brand new stainless steel GE appliances installed in October 2026. It offers incredible equity-building potential including a full unfinished basement equipped with an egress window making it easy to add a third bedroom. A true standout feature of the property is the insulated 24x24 garage and workshop which boasts a full second level bonus space suitable for a variety of uses. Whether you are looking for a primary residence or a rent-ready investment, this versatile property checks all the boxes.

200 8th Street W, Park Rapids

Listing courtesy of Affinity Real Estate Inc..

$99,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7156841 MLS ⋅ 1,140 SqFt.

Park Rapids City Home offers a 2-bedroom, 1-bathroom house with a detached 3-stall garage. It is conveniently located close to town on a nice corner lot

517 Central Avenue N, Park Rapids

Listing courtesy of Wolff & Simon Real Estate.

$99,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7156715 MLS ⋅ 831 SqFt.

Enjoy the privacy and natural beauty of 11 established acres with mature trees just south of Hubbard. The property features a 2-bedroom mobile home, making it a great option for a hunting retreat or a place to love while building your dream home. Bring your ideas and make this property your own.

19327 Cr-108, Park Rapids

Listing courtesy of Wolff & Simon Real Estate.

$279,900

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7155249 MLS ⋅ 1,107 SqFt.

Fully remodeled 3 bedroom, 2 1/2 bath city home located at 400 Eastern Ave! Convenient location close to shopping and a short walk to the Fish Hook River. The home has a totally new interior including new windows, furnace, lighting, flooring, bathrooms and much more. Brand new roof is scheduled to be installed in October of 2026. Corner lot with a spacious yard and an attached garage, ready to move right in and enjoy!

400 Eastern Avenue S, Park Rapids

Listing courtesy of Keller Williams Realty Professionals.

$155,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7152553 MLS ⋅ 1,337 SqFt.

Take a look at this inviting home near Main Street, where you can walk to many restaurants and everyday businesses. Even so, the setting feels quiet and private, just off the main drag. Set on a city lot, the property includes THREE garages with plenty of work space and storage space, offering plenty of room for parking and storage. Inside, you will find two levels of finished square footage with a partial remodel recently completed. Updates include new flooring, bathroom updates, some new windows, and a newly installed sliding door that opens to the backyard for an easy indoor-outdoor flow. There is canning storage in the basement, plus an apple tree in the backyard that produces apples each year, along with small garden space that is ready to use next season.

503 2nd Street W, Park Rapids

Listing courtesy of AXEN Realty.

$183,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7152743 MLS ⋅ 936 SqFt.

Welcome to North Beach! This 2 bed 1.5 bath unit comes turn-key and ready for the next owner to enjoy low-maintenance living on Potato Lake! Whether you are looking for a place for family and friends to gather, or a potential investment property, this is it! The unit is year round usable and is updated with several amenities not seen in other units. Inside you will find tile flooring throughout the lower level as well as in-unit washer and dryer, dishwasher and a cozy gas fireplace, making this condo feel like home whether you are using it for short getaways or a family cabin on the lake. The unit also comes with access to the private dock system, your own dock slip for your boat/lift, and access to the community building boasting an indoor heated pool and sauna for those cooler days! A shared sand beach is available to use as well as several water toys including kayaks and canoes. There is truly something for everyone to enjoy at this property!

14590 Gazebo Drive Unit 14, Park Rapids

Listing courtesy of LPT Realty, LLC..

$289,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7152702 MLS ⋅ 1,976 SqFt.

Discover the space and flexibility to make this inviting 3-bedroom home your own. Nestled on 4.18 beautifully wooded acres just east of Park Rapids, the home offers a spacious living room, a separate family room warmed by a freestanding propane stove, and the convenience of main-level laundry. A partial basement provides abundant storage and exciting possibilities for future finished space. With both attached and detached garages plus a blacktop driveway, there is ample room for vehicles, tools, and recreational toys. As an added bonus, the property includes a 1/12 interest in lake access to Peysenske Lake-an ideal blend of privacy, practicality, and Northwoods recreation.

18688 Evening Drive, Park Rapids

Listing courtesy of Wolff & Simon Real Estate.

$210,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7152046 MLS ⋅ 1,501 SqFt.

Spacious Park Rapids Twin Home with Exceptional Comfort & Location. Enjoy the space and convenience of this well-designed twin home in Park Rapids, featuring 3 bedrooms and 3 bathrooms with plenty of room to spread out. The inviting main level offers an open family room centered around a gas-burning fireplace, creating a warm and comfortable space for relaxing or entertaining. The home's thoughtful layout includes main-level laundry, an attached garage, and a distinctive upper-level catwalk that adds character and an open feel to the interior. The finished walk-out basement provides additional living space and convenient access to the outdoors. Step outside onto the composite deck, an ideal spot for morning coffee, grilling, or enjoying the surrounding area. With a location close to Park Rapids' shopping, dining, recreation, and other town amenities, you'll have everything you need just minutes away. A great opportunity to enjoy comfortable living in a convenient Park Rapids location

806 Pine Street Unit 5, Park Rapids

Listing courtesy of Wolff & Simon Real Estate.

$329,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7150326 MLS ⋅ 2,080 SqFt.

Set on 1.58 acres just outside Park Rapids, this 4-bedroom, 2-bath home offers room to spread out inside and out. The main level has a spacious living room, kitchen and dining area, two bedrooms, and a deck. Downstairs, you’ll find a family room, two more bedrooms, and a full bath. A 30x23 garage/workshop adds plenty of space for projects and storage.

18462 Becker Line Road, Park Rapids

Listing courtesy of Century 21 First Realty, Inc..

$99,900

ACTIVE Status ⋅ 5 Beds ⋅ 2 Baths ⋅ 7146541 MLS ⋅ 2,173 SqFt.

Equity builder! This solid, straight, and character-filled home is a fixer-upper with all the right criteria to become something truly special. It boasts nearly 3,000 total square feet, including 2,200 finished square feet above grade and an additional 800 unfinished square feet in the basement. It offers massive potential to expand and immediately add value. The spacious layout features 5 bedrooms, 2 bathrooms, a convenient main-floor primary, classic hardwood floors and efficient natural gas heat. It sits on a gorgeous, double corner lot in an ideal location adjacent to the Heartland Trail, the park and just two blocks north of the Highway 34/71 intersection. If you're a fan of the 4th of July fireworks show, this home puts you in the front row seat. Check it out!

303 Park Avenue N, Park Rapids

Listing courtesy of Affinity Real Estate Inc..

$99,900

ACTIVE Status ⋅ 2 Baths ⋅ 7146307 MLS ⋅ 4,320 SqFt.

Buy a part of history! Welcome to Shell Lodge 184, located at 602 Main Ave South. This property has proudly served as home to the local Masonic chapter for decades in a non-profit capacity. Zoned Residential / Business Transition (R-B), this unique opportunity is ideally positioned in the downtown shopping district to accommodate a wide variety of adaptive reuses. The flexible zoning makes it a perfect fit for a commercial daycare, professional office, or fellowship facility, while also allowing residential conversion into a single-family home or a two-family duplex. Structurally, the full-block building is exceptionally stout and built to last. It features a robust double-block wall perimeter foundation. Spread across two expansive levels, the property boasts a massive 4,320 total square feet (2,160 square feet per floor) of mostly open, clear-span space that provides a completely blank canvas for your vision. Two brand-new, independent furnaces dedicated to heating each level separately were recently added. Whether you are looking to launch a business, develop a multi-family property, or create a single-family residence, this local landmark is ready for its next chapter.

602 Main Avenue S, Park Rapids

Listing courtesy of Affinity Real Estate Inc..

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.