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Buffalo Lake, MN
Full City Profile · Minnesota · Renville County County
3.1
/5.0
B
Good
664
Population
976/sq mi density
$56,719
Median Income
$24,885 per capita
$106,000
Home Value
$198,314 Zillow
$763
Median Rent
31.9% income on rent
43°F
Avg Temperature
276 sunny days/yr
147
Violent Crime/100K
1,176 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$56,719 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$106,000 home value, $763/mo rent
F
Safety
1.0 / 5.0
147 violent crimes/100K
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Housing Overview
Median Home Value
$106,000
62% below
US avg: $281,900
Median Rent
$763/mo
34% below
US avg: $1,163/mo
Homeownership Rate
73.4%
12% above US avg (65.4%)
Total Housing Units
267
Median year built: 1960
Home Value by Source
Census Median
$106,000
Zillow (ZHVI)
$198,314
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.4%
Owner-Occupied
26.6%
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:
$763/mo
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
73.4%
Complete Housing Data
Home Values
| Census Median Value | $106,000 |
| Zillow Home Value (ZHVI) | $198,314 |
Rent
| Census Median Rent | $763 |
| 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 | 73.4% |
| Renter-Occupied | 26.6% |
| Homeownership Rate | 73.4% |
| Total Housing Units | 267 |
| Median Year Built | 1960 |
| Rent Burden | 31.9% |