25 Small Towns in Minnesota With the Cheapest Homes
Ranked by median home value among 165 towns of 500–10,000 people in Minnesota. #1 is Eveleth, MN (median home $97,600).
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25Thief River Falls, Minnesota
Median home $175,400

Photo: Andrew Filer (public domain, Wikimedia Commons) Thief River Falls is a city of 8,749 people in Pennington County, Minnesota. The median home is worth $175,400 and the median household earns $71,144, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $838.
8,749 people · Pennington County · median home $175,400 · income $71,144 · Jan low -3°F · 50 in snow
Full Thief River Falls, Minnesota profile: weather, storms, schools, jobs →
Census ACS 2020–2024 medians. -
24Pelican Rapids, Minnesota
Median home $174,100

Photo: LakeLida at English Wikipedia (public domain, Wikimedia Commons) Pelican Rapids is a city of 2,577 people in Otter Tail County, Minnesota. The median home is worth $174,100 and the median household earns $63,917, so homes cost 2.7× income (typical Minnesota town: 3.4×). Median rent is —.
2,577 people · Otter Tail County · median home $174,100 · income $63,917 · Jan low -1°F · 54 in snow
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Census ACS 2020–2024 medians. -
23Mora, Minnesota
Median home $171,800
Mora is a city of 3,665 people in Kanabec County, Minnesota. The median home is worth $171,800 and the median household earns $52,535, so homes cost 3.3× income (typical Minnesota town: 3.4×). Median rent is $788.
3,665 people · Kanabec County · median home $171,800 · income $52,535 · Jan low 1°F · 52 in snow
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Census ACS 2020–2024 medians. -
22Windom, Minnesota
Median home $169,700
Windom is a city of 4,798 people in Cottonwood County, Minnesota. The median home is worth $169,700 and the median household earns $74,899, so homes cost 2.3× income (typical Minnesota town: 3.4×). Median rent is $806.
4,798 people · Cottonwood County · median home $169,700 · income $74,899 · Jan low 8°F · 44 in snow
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Census ACS 2020–2024 medians. -
21Roseau, Minnesota
Median home $164,100
Roseau is a city of 2,744 people in Roseau County, Minnesota. The median home is worth $164,100 and the median household earns $60,217, so homes cost 2.7× income (typical Minnesota town: 3.4×). Median rent is $895.
2,744 people · Roseau County · median home $164,100 · income $60,217 · Jan low -8°F
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Census ACS 2020–2024 medians. -
20Redwood Falls, Minnesota
Median home $162,100
Redwood Falls is a city of 5,102 people in Redwood County, Minnesota. The median home is worth $162,100 and the median household earns $61,750, so homes cost 2.6× income (typical Minnesota town: 3.4×). Median rent is $832.
5,102 people · Redwood County · median home $162,100 · income $61,750 · Jan low 4°F · 44 in snow
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Census ACS 2020–2024 medians. -
19Wadena, Minnesota
Median home $160,800
Wadena is a city of 4,325 people in Wadena County, Minnesota. The median home is worth $160,800 and the median household earns $56,080, so homes cost 2.9× income (typical Minnesota town: 3.4×). Median rent is $684.
4,325 people · Wadena County · median home $160,800 · income $56,080 · Jan low -1°F · 51 in snow
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Census ACS 2020–2024 medians. -
18Caledonia, Minnesota
Median home $157,900
Caledonia is a city of 2,847 people in Houston County, Minnesota. The median home is worth $157,900 and the median household earns $76,477, so homes cost 2.1× income (typical Minnesota town: 3.4×). Median rent is $839.
2,847 people · Houston County · median home $157,900 · income $76,477 · Jan low 8°F · 45 in snow
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Census ACS 2020–2024 medians. -
17Ely, Minnesota
Median home $157,300
Ely is a city of 3,268 people in St. Louis County, Minnesota. The median home is worth $157,300 and the median household earns $43,901, so homes cost 3.6× income (typical Minnesota town: 3.4×). Median rent is $627.
3,268 people · St. Louis County · median home $157,300 · income $43,901 · Jan low -7°F · 65 in snow
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Census ACS 2020–2024 medians. -
16Benson, Minnesota
Median home $156,000
Benson is a city of 3,480 people in Swift County, Minnesota. The median home is worth $156,000 and the median household earns $52,821, so homes cost 3.0× income (typical Minnesota town: 3.4×). Median rent is $982.
3,480 people · Swift County · median home $156,000 · income $52,821 · Jan low 1°F · 43 in snow
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Census ACS 2020–2024 medians. -
15Long Prairie, Minnesota
Median home $152,000
Long Prairie is a city of 3,661 people in Todd County, Minnesota. The median home is worth $152,000 and the median household earns $58,786, so homes cost 2.6× income (typical Minnesota town: 3.4×). Median rent is $1,033.
3,661 people · Todd County · median home $152,000 · income $58,786 · Jan low -1°F · 54 in snow
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Census ACS 2020–2024 medians. -
14Sleepy Eye, Minnesota
Median home $147,600
Sleepy Eye is a city of 3,452 people in Brown County, Minnesota. The median home is worth $147,600 and the median household earns $66,911, so homes cost 2.2× income (typical Minnesota town: 3.4×). Median rent is $782.
3,452 people · Brown County · median home $147,600 · income $66,911 · Jan low 7°F · 41 in snow
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Census ACS 2020–2024 medians. -
13Breckenridge, Minnesota
Median home $144,500
Breckenridge is a city of 3,430 people in Wilkin County, Minnesota. The median home is worth $144,500 and the median household earns $58,963, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $515.
3,430 people · Wilkin County · median home $144,500 · income $58,963 · Jan low -1°F · 50 in snow
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Census ACS 2020–2024 medians. -
12Blue Earth, Minnesota
Median home $143,600
Blue Earth is a city of 3,174 people in Faribault County, Minnesota. The median home is worth $143,600 and the median household earns $66,771, so homes cost 2.2× income (typical Minnesota town: 3.4×). Median rent is $918.
3,174 people · Faribault County · median home $143,600 · income $66,771 · Jan low 6°F · 47 in snow
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Census ACS 2020–2024 medians. -
11Montevideo, Minnesota
Median home $141,000
Montevideo is a city of 5,398 people in Chippewa County, Minnesota. The median home is worth $141,000 and the median household earns $68,596, so homes cost 2.1× income (typical Minnesota town: 3.4×). Median rent is $851.
5,398 people · Chippewa County · median home $141,000 · income $68,596 · Jan low 2°F · 46 in snow
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Census ACS 2020–2024 medians. -
10Granite Falls, Minnesota
Median home $136,700
Granite Falls is a city of 2,737 people in Yellow Medicine County, Minnesota. The median home is worth $136,700 and the median household earns $59,375, so homes cost 2.3× income (typical Minnesota town: 3.4×). Median rent is $920.
2,737 people · Yellow Medicine County · median home $136,700 · income $59,375 · Jan low 3°F · 52 in snow
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Census ACS 2020–2024 medians. -
9Staples, Minnesota
Median home $130,000
Staples is a city of 2,989 people in Todd County, Minnesota. The median home is worth $130,000 and the median household earns $52,071, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $844.
2,989 people · Todd County · median home $130,000 · income $52,071 · Jan low -1°F · 51 in snow
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Census ACS 2020–2024 medians. -
8Jackson, Minnesota
Median home $128,500
Jackson is a city of 3,323 people in Jackson County, Minnesota. The median home is worth $128,500 and the median household earns $70,223, so homes cost 1.8× income (typical Minnesota town: 3.4×). Median rent is $752.
3,323 people · Jackson County · median home $128,500 · income $70,223 · Jan low 5°F · 45 in snow
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Census ACS 2020–2024 medians. -
7White, Minnesota
Median home $123,600
White is a township of 3,136 people in St. Louis County, Minnesota. The median home is worth $123,600 and the median household earns $55,293, so homes cost 2.2× income (typical Minnesota town: 3.4×). Median rent is $509.
3,136 people · St. Louis County · median home $123,600 · income $55,293 · Jan low -7°F · 76 in snow
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Census ACS 2020–2024 medians. -
6St. James, Minnesota
Median home $122,100
St. James is a city of 4,793 people in Watonwan County, Minnesota. The median home is worth $122,100 and the median household earns $60,242, so homes cost 2.0× income (typical Minnesota town: 3.4×). Median rent is $839.
4,793 people · Watonwan County · median home $122,100 · income $60,242 · Jan low 5°F · 50 in snow
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Census ACS 2020–2024 medians. -
5Virginia, Minnesota
Median home $120,600
Virginia is a city of 8,421 people in St. Louis County, Minnesota. The median home is worth $120,600 and the median household earns $51,720, so homes cost 2.3× income (typical Minnesota town: 3.4×). Median rent is $792.
8,421 people · St. Louis County · median home $120,600 · income $51,720 · Jan low -1°F · 69 in snow
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Census ACS 2020–2024 medians. -
4International Falls, Minnesota
Median home $120,400
International Falls is a city of 5,802 people in Koochiching County, Minnesota. The median home is worth $120,400 and the median household earns $57,662, so homes cost 2.1× income (typical Minnesota town: 3.4×). Median rent is $645.
5,802 people · Koochiching County · median home $120,400 · income $57,662 · Jan low -6°F · 73 in snow
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Census ACS 2020–2024 medians. -
3Pipestone, Minnesota
Median home $114,100
Pipestone is a city of 4,215 people in Pipestone County, Minnesota. The median home is worth $114,100 and the median household earns $67,568, so homes cost 1.7× income (typical Minnesota town: 3.4×). Median rent is $740.
4,215 people · Pipestone County · median home $114,100 · income $67,568 · Jan low 5°F · 40 in snow
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Census ACS 2020–2024 medians. -
2Chisholm, Minnesota
Median home $109,200
Chisholm is a city of 4,775 people in St. Louis County, Minnesota. The median home is worth $109,200 and the median household earns $50,891, so homes cost 2.1× income (typical Minnesota town: 3.4×). Median rent is $732.
4,775 people · St. Louis County · median home $109,200 · income $50,891 · Jan low -4°F
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Census ACS 2020–2024 medians. -
1Eveleth, Minnesota
Median home $97,600
Eveleth is a city of 3,493 people in St. Louis County, Minnesota. The median home is worth $97,600 and the median household earns $50,725, so homes cost 1.9× income (typical Minnesota town: 3.4×). Median rent is $904.
3,493 people · St. Louis County · median home $97,600 · income $50,725 · Jan low -1°F · 69 in snow
Full Eveleth, Minnesota profile: weather, storms, schools, jobs →
Census ACS 2020–2024 medians.
More Minnesota rankings
- The 25 Best Small Towns to Retire in Minnesota
- The 14 Quietest Small Towns in Minnesota
- The 25 Most Affordable Small Towns in Minnesota
- The 25 Best Small Towns for Families in Minnesota
- 25 Small Towns in Minnesota With the Mildest Winters
- The 25 Most Walkable Small Towns in Minnesota
- 25 Small Towns in Minnesota With the Fewest Tornadoes Since 1950
- The 25 Best Small Towns for First-Time Home Buyers in Minnesota
- The 15 Best Affordable Small Towns to Retire in Minnesota With Mild Winters
- The 24 Best Affordable Small Towns for Remote Workers in Minnesota
Same ranking, other places
- 50 Small Towns in America With the Cheapest Homes
- 25 Small Towns in Pennsylvania With the Cheapest Homes
- 25 Small Towns in New York With the Cheapest Homes
- 25 Small Towns in Michigan With the Cheapest Homes
- 25 Small Towns in Texas With the Cheapest Homes
- 25 Small Towns in California With the Cheapest Homes
- 25 Small Towns in New Jersey With the Cheapest Homes
- 25 Small Towns in Florida With the Cheapest Homes
- 25 Small Towns in Wisconsin With the Cheapest Homes
- 25 Small Towns in Ohio With the Cheapest Homes
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)