The 25 Most Affordable Small Towns in Minnesota

Ranked by home value ÷ income among 165 towns of 500–10,000 people in Minnesota. #1 is Pipestone, MN (homes cost 1.7× income).

1. 25Redwood Falls, Minnesota

   Homes cost 2.6× income

   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

   Full Redwood Falls, Minnesota profile: weather, storms, schools, jobs →

2. 24St. Paul Park, Minnesota

   Homes cost 2.6× income

   St. Paul Park is a city of 5,544 people in Washington County, Minnesota. The median home is worth $263,500 and the median household earns $100,642, so homes cost 2.6× income (typical Minnesota town: 3.4×). Median rent is $2,174.

   5,544 people · Washington County · median home $263,500 · income $100,642 · Jan low 9°F · 46 in snow

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3. 23Albertville, Minnesota

   Homes cost 2.6× income

   Albertville is a city of 7,896 people in Wright County, Minnesota. The median home is worth $343,700 and the median household earns $132,734, so homes cost 2.6× income (typical Minnesota town: 3.4×). Median rent is $1,348.

   7,896 people · Wright County · median home $343,700 · income $132,734 · Jan low 4°F · 36 in snow

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4. 22Lake Crystal, Minnesota

   Homes cost 2.5× income

   Lake Crystal is a city of 2,539 people in Blue Earth County, Minnesota. The median home is worth $204,400 and the median household earns $83,317, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $825.

   2,539 people · Blue Earth County · median home $204,400 · income $83,317 · Jan low 6°F · 40 in snow

   Full Lake Crystal, Minnesota profile: weather, storms, schools, jobs →

5. 21Barnesville, Minnesota

   Homes cost 2.5× income

   

   Barnesville is a city of 2,759 people in Clay County, Minnesota. The median home is worth $248,700 and the median household earns $97,917, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $848.

   2,759 people · Clay County · median home $248,700 · income $97,917 · Jan low -1°F · 52 in snow

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6. 20Staples, Minnesota

   Homes cost 2.5× income

   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

   Full Staples, Minnesota profile: weather, storms, schools, jobs →

7. 19Chatfield, Minnesota

   Homes cost 2.5× income

   Chatfield is a city of 2,997 people in Fillmore County, Minnesota. The median home is worth $241,600 and the median household earns $96,078, so homes cost 2.5× income (typical Minnesota town: 3.4×). Median rent is $748.

   2,997 people · Fillmore County · median home $241,600 · income $96,078 · Jan low 4°F · 48 in snow

   Full Chatfield, Minnesota profile: weather, storms, schools, jobs →

8. 18Breckenridge, Minnesota

   Homes cost 2.5× income

   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

   Full Breckenridge, Minnesota profile: weather, storms, schools, jobs →

9. 17Thief River Falls, Minnesota

   Homes cost 2.5× income

   

   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 →

10. 16Granite Falls, Minnesota

    Homes cost 2.3× income

    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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11. 15Mountain Iron, Minnesota

    Homes cost 2.3× income

    Mountain Iron is a city of 2,878 people in St. Louis County, Minnesota. The median home is worth $192,800 and the median household earns $83,293, so homes cost 2.3× income (typical Minnesota town: 3.4×). Median rent is $918.

    2,878 people · St. Louis County · median home $192,800 · income $83,293 · Jan low -1°F · 69 in snow

    Full Mountain Iron, Minnesota profile: weather, storms, schools, jobs →

12. 14Windom, Minnesota

    Homes cost 2.3× income

    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

    Full Windom, Minnesota profile: weather, storms, schools, jobs →

13. 13Virginia, Minnesota

    Homes cost 2.3× income

    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

    Full Virginia, Minnesota profile: weather, storms, schools, jobs →

14. 12White, Minnesota

    Homes cost 2.2× income

    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

    Full White, Minnesota profile: weather, storms, schools, jobs →

15. 11Blue Earth, Minnesota

    Homes cost 2.2× income

    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

    Full Blue Earth, Minnesota profile: weather, storms, schools, jobs →

16. 10Sleepy Eye, Minnesota

    Homes cost 2.2× income

    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

    Full Sleepy Eye, Minnesota profile: weather, storms, schools, jobs →

17. 9Dodge Center, Minnesota

    Homes cost 2.1× income

    Dodge Center is a city of 2,844 people in Dodge County, Minnesota. The median home is worth $197,600 and the median household earns $93,884, so homes cost 2.1× income (typical Minnesota town: 3.4×). Median rent is $1,012.

    2,844 people · Dodge County · median home $197,600 · income $93,884 · Jan low 4°F · 47 in snow

    Full Dodge Center, Minnesota profile: weather, storms, schools, jobs →

18. 8Caledonia, Minnesota

    Homes cost 2.1× income

    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

    Full Caledonia, Minnesota profile: weather, storms, schools, jobs →

19. 7Chisholm, Minnesota

    Homes cost 2.1× income

    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

    Full Chisholm, Minnesota profile: weather, storms, schools, jobs →

20. 6Montevideo, Minnesota

    Homes cost 2.1× income

    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

    Full Montevideo, Minnesota profile: weather, storms, schools, jobs →

21. 5International Falls, Minnesota

    Homes cost 2.1× income

    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

    Full International Falls, Minnesota profile: weather, storms, schools, jobs →

22. 4St. James, Minnesota

    Homes cost 2.0× income

    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

    Full St. James, Minnesota profile: weather, storms, schools, jobs →

23. 3Eveleth, Minnesota

    Homes cost 1.9× income

    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 →

24. 2Jackson, Minnesota

    Homes cost 1.8× income

    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

    Full Jackson, Minnesota profile: weather, storms, schools, jobs →

25. 1Pipestone, Minnesota

    Homes cost 1.7× income

    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

    Full Pipestone, Minnesota profile: weather, storms, schools, jobs →

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• The 25 Best Small Towns for Families in Minnesota
• 25 Small Towns in Minnesota With the Cheapest Homes
• 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

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• The 25 Most Affordable Small Towns in California
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• The 25 Most Affordable Small Towns in Florida
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