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McLeod County Housing Market

Minnesota · 87 counties · Ranked #2237 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$233,400

vs national$233,400 vs $281,900 national

Median Gross Rent

$906/mo

vs national$906 vs $1,163 national

Effective Tax Rate

1.16%

vs national+1.16% vs 1.02% national

Median Household Income

$78,468

vs national+$78,468 vs $74,755 national

Affordability Ratio

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$2,708

Tax as % of Home Value

1.16%

Monthly Owner Cost

$1,187

Renter Income

$48,957

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in McLeod County?

The median home value in McLeod County is $233,400. This is below the national median of $281,900.

How much is rent in McLeod County?

The median gross rent in McLeod County is $906 per month.

What is the property tax rate in McLeod County?

The effective property tax rate in McLeod County is 1.16%. The median annual property tax bill is $2,708.

Is McLeod County affordable?

With a home-value-to-income ratio of 3x, McLeod 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.