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Cottonwood, MN

Full City Profile · Minnesota · Yellow Medicine County County

3.5 /5.0
B+ Good
1,120 Population 1,120/sq mi density
$90,750 Median Income $44,540 per capita
$180,200 Home Value $240,666 Zillow
$914 Median Rent 29.3% income on rent
45°F Avg Temperature 276 sunny days/yr
253 Violent Crime/100K 2,449 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$90,750 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$180,200 home value, $914/mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
B
Education
3.2 / 5.0
27.1% bachelor's degree or higher

Housing Overview

Median Home Value
$180,200
36% below
US avg: $281,900
Median Rent
$914/mo
21% below
US avg: $1,163/mo
Homeownership Rate
78.9%
21% above US avg (65.4%)
Total Housing Units
528
Median year built: 1972

Home Value by Source

Census Median
$180,200
Zillow (ZHVI)
$240,666
Median Sale Price
$162,500
Median List Price
$127,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.9%
Owner-Occupied
21.1%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$671/mo
1 Bedroom
$766/mo
2 Bedroom
$973/mo
3 Bedroom
$1,353/mo
4 Bedroom
$1,415/mo
Census median rent: $914/mo

Market Indicators (Redfin)

Median Days on Market
61 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$89
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
78.9%

Complete Housing Data

Home Values

Census Median Value$180,200
Zillow Home Value (ZHVI)$240,666
Median Sale Price$162,500
Median List Price$127,500
Price Per Sq Ft$89

Rent

Census Median Rent$914
FMR Studio$671
FMR 1-Bedroom$766
FMR 2-Bedroom$973
FMR 3-Bedroom$1,353
FMR 4-Bedroom$1,415

Market

Days on Market61
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$89

Ownership & Stock

Owner-Occupied78.9%
Renter-Occupied21.1%
Homeownership Rate78.9%
Total Housing Units528
Median Year Built1972
Rent Burden29.3%