Freeborn, MN
Full City Profile · Minnesota · Freeborn County County
3.1
/5.0
B
Good
321
Population
1,783/sq mi density
$44,545
Median Income
$25,281 per capita
$87,900
Home Value
$142,456 Zillow
$833
Median Rent
27.2% income on rent
46°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$44,545 median income, 9.4% unemployment
A+
Affordability
5.0 / 5.0
$87,900 home value, $833/mo rent
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher
Housing Overview
Median Home Value
$87,900
69% below
US avg: $281,900
Median Rent
$833/mo
28% below
US avg: $1,163/mo
Homeownership Rate
85.8%
31% above US avg (65.4%)
Total Housing Units
145
Median year built: 1953
Home Value by Source
Census Median
$87,900
Zillow (ZHVI)
$142,456
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.8%
Owner-Occupied
14.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$672/mo
1 Bedroom
$742/mo
2 Bedroom
$974/mo
3 Bedroom
$1,283/mo
4 Bedroom
$1,432/mo
Census median rent:
$833/mo
Affordability & Housing Stock
Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
85.8%
Complete Housing Data
Home Values
| Census Median Value | $87,900 |
| Zillow Home Value (ZHVI) | $142,456 |
Rent
| Census Median Rent | $833 |
| FMR Studio | $672 |
| FMR 1-Bedroom | $742 |
| FMR 2-Bedroom | $974 |
| FMR 3-Bedroom | $1,283 |
| FMR 4-Bedroom | $1,432 |
Market
Ownership & Stock
| Owner-Occupied | 85.8% |
| Renter-Occupied | 14.2% |
| Homeownership Rate | 85.8% |
| Total Housing Units | 145 |
| Median Year Built | 1953 |
| Rent Burden | 27.2% |