Home/Minnesota/Freeborn County

Freeborn County Housing Market

Minnesota · 87 counties · Ranked #1410 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$164,900

vs national$164,900 vs $281,900 national

Median Gross Rent

$837/mo

vs national$837 vs $1,163 national

Effective Tax Rate

1.06%

vs national+1.06% vs 1.02% national

Median Household Income

$69,012

vs national$69,012 vs $74,755 national

Affordability Ratio

2.4x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,750

Tax as % of Home Value

1.06%

Monthly Owner Cost

$888

Renter Income

$34,048

Frequently Asked Questions

What is the median home value in Freeborn County?
The median home value in Freeborn County is $164,900. This is below the national median of $281,900.
How much is rent in Freeborn County?
The median gross rent in Freeborn County is $837 per month.
What is the property tax rate in Freeborn County?
The effective property tax rate in Freeborn County is 1.06%. The median annual property tax bill is $1,750.
Is Freeborn County affordable?
With a home-value-to-income ratio of 2.4x, Freeborn 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.