All Countries
Alvarado, MN
Full City Profile · Minnesota · Marshall County County
3.2
/5.0
B
Good
338
Population
1,610/sq mi density
$70,000
Median Income
$32,223 per capita
$132,700
Home Value
$173,971 Zillow
$1,208
Median Rent
32.1% income on rent
39°F
Avg Temperature
200 sunny days/yr
279
Violent Crime/100K
2,326 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$70,000 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$132,700 home value, $1,208/mo rent
F
Safety
1.0 / 5.0
279 violent crimes/100K
B
Education
3.0 / 5.0
25.3% bachelor's degree or higher
Housing Overview
Median Home Value
$132,700
53% below
US avg: $281,900
Median Rent
$1,208/mo
4% above
US avg: $1,163/mo
Homeownership Rate
75.9%
16% above US avg (65.4%)
Total Housing Units
137
Median year built: 1973
Home Value by Source
Census Median
$132,700
Zillow (ZHVI)
$173,971
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.9%
Owner-Occupied
24.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,208/mo
Affordability & Housing Stock
Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
75.9%
Complete Housing Data
Home Values
| Census Median Value | $132,700 |
| Zillow Home Value (ZHVI) | $173,971 |
Rent
| Census Median Rent | $1,208 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 75.9% |
| Renter-Occupied | 24.1% |
| Homeownership Rate | 75.9% |
| Total Housing Units | 137 |
| Median Year Built | 1973 |
| Rent Burden | 32.1% |