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Butterfield, MN

Full City Profile · Minnesota · Watonwan County County

3.1 /5.0
B Good
486 Population 1,185/sq mi density
$57,292 Median Income $25,037 per capita
$77,800 Home Value $97,746 Zillow
$683 Median Rent 16.3% income on rent
45°F Avg Temperature 260 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$57,292 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$77,800 home value, $683/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.2% bachelor's degree or higher

Housing Overview

Median Home Value
$77,800
72% below
US avg: $281,900
Median Rent
$683/mo
41% below
US avg: $1,163/mo
Homeownership Rate
81.8%
25% above US avg (65.4%)
Total Housing Units
205
Median year built: 1968

Home Value by Source

Census Median
$77,800
Zillow (ZHVI)
$97,746
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.8%
Owner-Occupied
18.2%
Renter-Occupied
82%
18%
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: $683/mo

Affordability & Housing Stock

Rent Burden
16.3%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
81.8%

Complete Housing Data

Home Values

Census Median Value$77,800
Zillow Home Value (ZHVI)$97,746

Rent

Census Median Rent$683
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-Occupied81.8%
Renter-Occupied18.2%
Homeownership Rate81.8%
Total Housing Units205
Median Year Built1968
Rent Burden16.3%