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Le Center, MN

Full City Profile · Minnesota · Le Sueur County County

3.4 /5.0
B Good
2,514 Population 1,496/sq mi density
$66,864 Median Income $33,414 per capita
$189,800 Home Value $316,509 Zillow
$856 Median Rent 27.8% income on rent
44°F Avg Temperature 270 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,864 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$189,800 home value, $856/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
13.5% bachelor's degree or higher

Housing Overview

Median Home Value
$189,800
33% below
US avg: $281,900
Median Rent
$856/mo
26% below
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
1,016
Median year built: 1961

Home Value by Source

Census Median
$189,800
Zillow (ZHVI)
$316,509
Median Sale Price
$247,500
Median List Price
$295,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.7%
Owner-Occupied
30.3%
Renter-Occupied
70%
30%
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: $856/mo

Market Indicators (Redfin)

Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
69.7%

Complete Housing Data

Home Values

Census Median Value$189,800
Zillow Home Value (ZHVI)$316,509
Median Sale Price$247,500
Median List Price$295,000
Price Per Sq Ft$165

Rent

Census Median Rent$856
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market112
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold3
Active Inventory3
Price Per Sq Ft$165

Ownership & Stock

Owner-Occupied69.7%
Renter-Occupied30.3%
Homeownership Rate69.7%
Total Housing Units1,016
Median Year Built1961
Rent Burden27.8%