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Janesville, MN
Full City Profile · Minnesota · Waseca County County
3.3
/5.0
B
Good
2,449
Population
1,590/sq mi density
$72,120
Median Income
$35,721 per capita
$194,400
Home Value
$272,932 Zillow
$839
Median Rent
23.1% income on rent
45°F
Avg Temperature
270 sunny days/yr
221
Violent Crime/100K
1,636 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$72,120 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$194,400 home value, $839/mo rent
F
Safety
1.0 / 5.0
221 violent crimes/100K
C+
Education
2.9 / 5.0
23.8% bachelor's degree or higher
Housing Overview
Median Home Value
$194,400
31% below
US avg: $281,900
Median Rent
$839/mo
28% below
US avg: $1,163/mo
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
1,053
Median year built: 1974
Home Value by Source
Census Median
$194,400
Zillow (ZHVI)
$272,932
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.3%
Owner-Occupied
15.7%
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:
$839/mo
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
84.3%
Complete Housing Data
Home Values
| Census Median Value | $194,400 |
| Zillow Home Value (ZHVI) | $272,932 |
Rent
| Census Median Rent | $839 |
| 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 | 84.3% |
| Renter-Occupied | 15.7% |
| Homeownership Rate | 84.3% |
| Total Housing Units | 1,053 |
| Median Year Built | 1974 |
| Rent Burden | 23.1% |