Cokato, MN

Full City Profile · Minnesota · Meeker County County

3.7 /5.0
B+ Good
2,780 Population 1,782/sq mi density
$71,090 Median Income $29,592 per capita
$216,100 Home Value $334,516 Zillow
$926 Median Rent 35.0% income on rent
44°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,090 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$216,100 home value, $926/mo rent
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher

Housing Overview

Median Home Value
$216,100
23% below
US avg: $281,900
Median Rent
$926/mo
20% below
US avg: $1,163/mo
Homeownership Rate
67.0%
2% above US avg (65.4%)
Total Housing Units
1,123
Median year built: 1974

Home Value by Source

Census Median
$216,100
Zillow (ZHVI)
$334,516
Redfin Median Sale
$220,000
Median Sale Price
$220,000
Median List Price
$399,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.0%
Owner-Occupied
33.0%
Renter-Occupied
67%
33%
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: $926/mo

Market Indicators (Redfin)

Median Sale Price
$220,000
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
37.5%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
35.0%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
67.0%

Complete Housing Data

Home Values

Census Median Value$216,100
Zillow Home Value (ZHVI)$334,516
Redfin Median Sale$220,000
Median Sale Price$220,000
Median List Price$399,900
Price Per Sq Ft$118

Rent

Census Median Rent$926
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops37.5%
Homes Sold1
Active Inventory8
Price Per Sq Ft$118

Ownership & Stock

Owner-Occupied67.0%
Renter-Occupied33.0%
Homeownership Rate67.0%
Total Housing Units1,123
Median Year Built1974
Rent Burden35.0%