Hayward, MN
Full City Profile · Minnesota · Freeborn County County
3.4
/5.0
B
Good
219
Population
359/sq mi density
$53,750
Median Income
$38,498 per capita
$109,600
Home Value
$226,940 Zillow
45°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$53,750 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$109,600 home value, /mo rent
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)
$226,940
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.4%
Owner-Occupied
19.6%
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
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) | $226,940 |
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-Occupied | 80.4% |
| Renter-Occupied | 19.6% |
| Homeownership Rate | 80.4% |
| Total Housing Units | 107 |
| Median Year Built | 1967 |
| Rent Burden | 19.2% |