What to know before you move: cost, market timing, who it fits.
If you're considering a move to Bemidji, MN, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Bemidji is a city in Beltrami County, Minnesota, with an estimated population of 15,733. The population grew 1.9% annually from 2020 to 2024, a moderate gain. The median home value in Bemidji is $216,534 as of 2026-04, up 5.7% over the last 12 months. Over the last five years, home values have averaged +6.9% annual growth, with prices at or near the 5-year peak. Rents in Bemidji average $1,512 per month. The composite momentum score is 79 of 100 (Hot). Buyers should expect competition and limited negotiation room in this market.
Prices are still moving up (+5.7% YoY). Inventory tends to be tight in 'Hot' markets — buyers should expect competition and limited negotiation room.
Reasons people move here
- Affordable AND rising: median home $216,534 with positive recent direction — rare combination most of the country can't offer.
- Healthy 5-year run: +6.9% annualized over 5 years, outpacing US inflation.
- Quiet strength: +5.7% over the trailing year — not a melt-up, but the market is bid.
- Net positive migration: population up 1.9% per year — demand fundamentals are intact.
Things to know first
- Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.
- Local nuance (school zones, neighborhood quality) varies block by block — visit before deciding.
More about Bemidji
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.