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Cottonwood County Housing Market

Minnesota · 87 counties · Ranked #1213 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$154,000

vs national$154,000 vs $281,900 national

Median Gross Rent

$765/mo

vs national$765 vs $1,163 national

Effective Tax Rate

1.13%

vs national+1.13% vs 1.02% national

Median Household Income

$68,239

vs national$68,239 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

22.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,737

Tax as % of Home Value

1.13%

Monthly Owner Cost

$835

Renter Income

$47,417

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Frequently Asked Questions

What is the median home value in Cottonwood County?

The median home value in Cottonwood County is $154,000. This is below the national median of $281,900.

How much is rent in Cottonwood County?

The median gross rent in Cottonwood County is $765 per month.

What is the property tax rate in Cottonwood County?

The effective property tax rate in Cottonwood County is 1.13%. The median annual property tax bill is $1,737.

Is Cottonwood County affordable?

With a home-value-to-income ratio of 2.3x, Cottonwood County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.