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Hector, MN
Full City Profile · Minnesota · Renville County County
3.4
/5.0
B
Good
1,111
Population
614/sq mi density
$59,762
Median Income
$30,524 per capita
$124,100
Home Value
$205,549 Zillow
$1,108
Median Rent
26.7% income on rent
43°F
Avg Temperature
276 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,762 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$124,100 home value, $1,108/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$124,100
56% below
US avg: $281,900
Median Rent
$1,108/mo
5% below
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
516
Median year built: 1958
Home Value by Source
Census Median
$124,100
Zillow (ZHVI)
$205,549
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.1%
Owner-Occupied
24.9%
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:
$1,108/mo
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
75.1%
Complete Housing Data
Home Values
| Census Median Value | $124,100 |
| Zillow Home Value (ZHVI) | $205,549 |
Rent
| Census Median Rent | $1,108 |
| 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 | 75.1% |
| Renter-Occupied | 24.9% |
| Homeownership Rate | 75.1% |
| Total Housing Units | 516 |
| Median Year Built | 1958 |
| Rent Burden | 26.7% |