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McGregor, MN
Full City Profile · Minnesota · Aitkin County County
2.8
/5.0
C+
Fair
431
Population
201/sq mi density
$28,750
Median Income
$20,447 per capita
$115,500
Home Value
$261,472 Zillow
$678
Median Rent
30.2% income on rent
41°F
Avg Temperature
253 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$28,750 median income, 4.2% unemployment
A
Affordability
4.4 / 5.0
$115,500 home value, $678/mo rent
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher
Housing Overview
Median Home Value
$115,500
59% below
US avg: $281,900
Median Rent
$678/mo
42% below
US avg: $1,163/mo
Homeownership Rate
50.9%
22% below US avg (65.4%)
Total Housing Units
172
Median year built: 1970
Home Value by Source
Census Median
$115,500
Zillow (ZHVI)
$261,472
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.9%
Owner-Occupied
49.1%
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:
$678/mo
Affordability & Housing Stock
Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
50.9%
Complete Housing Data
Home Values
| Census Median Value | $115,500 |
| Zillow Home Value (ZHVI) | $261,472 |
Rent
| Census Median Rent | $678 |
| 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 | 50.9% |
| Renter-Occupied | 49.1% |
| Homeownership Rate | 50.9% |
| Total Housing Units | 172 |
| Median Year Built | 1970 |
| Rent Burden | 30.2% |