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Elizabeth, MN
Full City Profile · Minnesota · Wilkin County County
2.9
/5.0
C+
Fair
154
Population
416/sq mi density
$62,500
Median Income
$25,936 per capita
$114,600
Home Value
$309,960 Zillow
$1,333
Median Rent
32.5% income on rent
42°F
Avg Temperature
276 sunny days/yr
321
Violent Crime/100K
3,543 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$62,500 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$114,600 home value, $1,333/mo rent
F
Safety
1.0 / 5.0
321 violent crimes/100K
F
Education
1.4 / 5.0
5.3% bachelor's degree or higher
Housing Overview
Median Home Value
$114,600
59% below
US avg: $281,900
Median Rent
$1,333/mo
15% above
US avg: $1,163/mo
Homeownership Rate
82.8%
27% above US avg (65.4%)
Total Housing Units
71
Median year built: 1971
Home Value by Source
Census Median
$114,600
Zillow (ZHVI)
$309,960
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.8%
Owner-Occupied
17.2%
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:
$1,333/mo
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
82.8%
Complete Housing Data
Home Values
| Census Median Value | $114,600 |
| Zillow Home Value (ZHVI) | $309,960 |
Rent
| Census Median Rent | $1,333 |
| 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 | 82.8% |
| Renter-Occupied | 17.2% |
| Homeownership Rate | 82.8% |
| Total Housing Units | 71 |
| Median Year Built | 1971 |
| Rent Burden | 32.5% |