Cromwell, MN
Full City Profile · Minnesota · Carlton County County
3.5
/5.0
B+
Good
379
Population
206/sq mi density
$55,625
Median Income
$23,070 per capita
$150,000
Home Value
$249,883 Zillow
$825
Median Rent
30.0% income on rent
38°F
Avg Temperature
249 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,625 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $825/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$825/mo
29% below
US avg: $1,163/mo
Homeownership Rate
62.4%
5% below US avg (65.4%)
Total Housing Units
157
Median year built: 1978
Home Value by Source
Census Median
$150,000
Zillow (ZHVI)
$249,883
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.4%
Owner-Occupied
37.6%
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:
$825/mo
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
62.4%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
| Zillow Home Value (ZHVI) | $249,883 |
Rent
| Census Median Rent | $825 |
| 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 | 62.4% |
| Renter-Occupied | 37.6% |
| Homeownership Rate | 62.4% |
| Total Housing Units | 157 |
| Median Year Built | 1978 |
| Rent Burden | 30.0% |
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