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Nobles County Housing Market

Minnesota · 87 counties · Ranked #1644 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$179,200

vs national$179,200 vs $281,900 national

Median Gross Rent

$863/mo

vs national$863 vs $1,163 national

Effective Tax Rate

0.93%

vs national0.93% vs 1.02% national

Median Household Income

$65,509

vs national$65,509 vs $74,755 national

Affordability Ratio

2.7x

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

Rent Burden

22.0%

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

More Housing Data

Property Tax (Median)

$1,674

Tax as % of Home Value

0.93%

Monthly Owner Cost

$816

Renter Income

$46,489

Frequently Asked Questions

What is the median home value in Nobles County?
The median home value in Nobles County is $179,200. This is below the national median of $281,900.
How much is rent in Nobles County?
The median gross rent in Nobles County is $863 per month.
What is the property tax rate in Nobles County?
The effective property tax rate in Nobles County is 0.93%. The median annual property tax bill is $1,674.
Is Nobles County affordable?
With a home-value-to-income ratio of 2.7x, Nobles 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.