Canby, MN
Full City Profile · Minnesota · Lac qui Parle County County
3.8
/5.0
B+
Good
1,563
Population
698/sq mi density
$58,839
Median Income
$33,072 per capita
$131,800
Home Value
$186,773 Zillow
$600
Median Rent
21.3% income on rent
45°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$58,839 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$131,800 home value, $600/mo rent
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Housing Overview
Median Home Value
$131,800
53% below
US avg: $281,900
Median Rent
$600/mo
48% below
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
799
Median year built: 1963
Home Value by Source
Census Median
$131,800
Zillow (ZHVI)
$186,773
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.7%
Owner-Occupied
17.3%
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:
$600/mo
Affordability & Housing Stock
Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
82.7%
Complete Housing Data
Home Values
| Census Median Value | $131,800 |
| Zillow Home Value (ZHVI) | $186,773 |
Rent
| Census Median Rent | $600 |
| 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 | 82.7% |
| Renter-Occupied | 17.3% |
| Homeownership Rate | 82.7% |
| Total Housing Units | 799 |
| Median Year Built | 1963 |
| Rent Burden | 21.3% |
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