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Hayward, MN

Full City Profile · Minnesota · Freeborn County County

2.8 /5.0
C+ Fair
219 Population 359/sq mi density
$53,750 Median Income $38,498 per capita
$109,600 Home Value $210,189 Zillow
45°F Avg Temperature 260 sunny days/yr
163 Violent Crime/100K 2,232 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$53,750 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$109,600 home value, /mo rent
F
Safety
1.0 / 5.0
163 violent crimes/100K
F
Education
1.3 / 5.0
3.3% bachelor's degree or higher

Housing Overview

Median Home Value
$109,600
61% below
US avg: $281,900
Homeownership Rate
80.4%
23% above US avg (65.4%)
Total Housing Units
107
Median year built: 1967

Home Value by Source

Census Median
$109,600
Zillow (ZHVI)
$210,189
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.4%
Owner-Occupied
19.6%
Renter-Occupied
80%
20%
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

Affordability & Housing Stock

Rent Burden
19.2%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
80.4%

Complete Housing Data

Home Values

Census Median Value$109,600
Zillow Home Value (ZHVI)$210,189

Rent

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-Occupied80.4%
Renter-Occupied19.6%
Homeownership Rate80.4%
Total Housing Units107
Median Year Built1967
Rent Burden19.2%