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Hanley Falls, MN
Full City Profile · Minnesota · Yellow Medicine County County
2.9
/5.0
C+
Fair
288
Population
1,152/sq mi density
$57,917
Median Income
$36,498 per capita
$76,700
Home Value
$136,922 Zillow
$628
Median Rent
19.8% income on rent
45°F
Avg Temperature
276 sunny days/yr
72
Violent Crime/100K
1,760 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$57,917 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$76,700 home value, $628/mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher
Housing Overview
Median Home Value
$76,700
73% below
US avg: $281,900
Median Rent
$628/mo
46% below
US avg: $1,163/mo
Homeownership Rate
53.6%
18% below US avg (65.4%)
Total Housing Units
144
Median year built: 1952
Home Value by Source
Census Median
$76,700
Zillow (ZHVI)
$136,922
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.6%
Owner-Occupied
46.4%
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:
$628/mo
Affordability & Housing Stock
Rent Burden
19.8%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
53.6%
Complete Housing Data
Home Values
| Census Median Value | $76,700 |
| Zillow Home Value (ZHVI) | $136,922 |
Rent
| Census Median Rent | $628 |
| 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 | 53.6% |
| Renter-Occupied | 46.4% |
| Homeownership Rate | 53.6% |
| Total Housing Units | 144 |
| Median Year Built | 1952 |
| Rent Burden | 19.8% |