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Hoffman, MN

Full City Profile · Minnesota · Douglas County County

2.9 /5.0
C+ Fair
708 Population 337/sq mi density
$47,000 Median Income $27,170 per capita
$127,700 Home Value $227,637 Zillow
$750 Median Rent 31.0% income on rent
42°F Avg Temperature 276 sunny days/yr
206 Violent Crime/100K 1,963 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,000 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$127,700 home value, $750/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Housing Overview

Median Home Value
$127,700
55% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
61.5%
6% below US avg (65.4%)
Total Housing Units
297
Median year built: 1958

Home Value by Source

Census Median
$127,700
Zillow (ZHVI)
$227,637
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.5%
Owner-Occupied
38.5%
Renter-Occupied
62%
39%
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: $750/mo

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
61.5%

Complete Housing Data

Home Values

Census Median Value$127,700
Zillow Home Value (ZHVI)$227,637

Rent

Census Median Rent$750
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-Occupied61.5%
Renter-Occupied38.5%
Homeownership Rate61.5%
Total Housing Units297
Median Year Built1958
Rent Burden31.0%