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Dover, MN

Full City Profile · Minnesota · Olmsted County County

4.5 /5.0
A+ Excellent
863 Population 863/sq mi density
$112,500 Median Income $33,722 per capita
$281,300 Home Value $368,746 Zillow
$852 Median Rent 19.7% income on rent
45°F Avg Temperature 260 sunny days/yr
A+
Overall
4.5 / 5.0
Strong
A+
Economy
5.0 / 5.0
$112,500 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$281,300 home value, $852/mo rent
B
Education
3.5 / 5.0
30.9% bachelor's degree or higher

Housing Overview

Median Home Value
$281,300
0% below
US avg: $281,900
Median Rent
$852/mo
27% below
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
307
Median year built: 1995

Home Value by Source

Census Median
$281,300
Zillow (ZHVI)
$368,746
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
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: $852/mo

Affordability & Housing Stock

Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$281,300
Zillow Home Value (ZHVI)$368,746

Rent

Census Median Rent$852
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-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units307
Median Year Built1995
Rent Burden19.7%