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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
62%
38%
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-Occupied62.4%
Renter-Occupied37.6%
Homeownership Rate62.4%
Total Housing Units157
Median Year Built1978
Rent Burden30.0%