Credit River, MN

Full City Profile · Minnesota · Scott County County

4.7 /5.0
A+ Excellent
5,531 Population 236/sq mi density
$149,524 Median Income $80,650 per capita
$577,600 Home Value $420,790 Zillow
$890 Median Rent 19.5% income on rent
47°F Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.9 / 5.0
$149,524 median income, 2.4% unemployment
A+
Affordability
4.5 / 5.0
$577,600 home value, $890/mo rent
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Housing Overview

Median Home Value
$577,600
105% above
US avg: $281,900
Median Rent
$890/mo
23% below
US avg: $1,163/mo
Homeownership Rate
97.7%
49% above US avg (65.4%)
Total Housing Units
1,842
Median year built: 1989

Home Value by Source

Census Median
$577,600
Zillow (ZHVI)
$420,790
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.7%
Owner-Occupied
2.3%
Renter-Occupied
98%
2%
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: $890/mo

Affordability & Housing Stock

Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
97.7%

Complete Housing Data

Home Values

Census Median Value$577,600
Zillow Home Value (ZHVI)$420,790

Rent

Census Median Rent$890
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-Occupied97.7%
Renter-Occupied2.3%
Homeownership Rate97.7%
Total Housing Units1,842
Median Year Built1989
Rent Burden19.5%