Hamburg, MN
Full City Profile · Minnesota · Carver County County
3.7
/5.0
B+
Good
544
Population
2,590/sq mi density
$78,125
Median Income
$42,580 per capita
$229,200
Home Value
$348,067 Zillow
$873
Median Rent
23.8% income on rent
44°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$78,125 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$229,200 home value, $873/mo rent
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher
Housing Overview
Median Home Value
$229,200
19% below
US avg: $281,900
Median Rent
$873/mo
25% below
US avg: $1,163/mo
Homeownership Rate
72.0%
10% above US avg (65.4%)
Total Housing Units
212
Median year built: 1969
Home Value by Source
Census Median
$229,200
Zillow (ZHVI)
$348,067
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.0%
Owner-Occupied
28.0%
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:
$873/mo
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
72.0%
Complete Housing Data
Home Values
| Census Median Value | $229,200 |
| Zillow Home Value (ZHVI) | $348,067 |
Rent
| Census Median Rent | $873 |
| 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 | 72.0% |
| Renter-Occupied | 28.0% |
| Homeownership Rate | 72.0% |
| Total Housing Units | 212 |
| Median Year Built | 1969 |
| Rent Burden | 23.8% |