All Countries
Melrose, MN
Full City Profile · Minnesota · Stearns County County
3.0
/5.0
B
Good
3,608
Population
1,138/sq mi density
$58,107
Median Income
$33,750 per capita
$198,300
Home Value
$231,400 Zillow
$1,061
Median Rent
29.1% income on rent
42°F
Avg Temperature
276 sunny days/yr
55
Violent Crime/100K
741 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$58,107 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$198,300 home value, $1,061/mo rent
F
Safety
1.0 / 5.0
55 violent crimes/100K
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher
Housing Overview
Median Home Value
$198,300
30% below
US avg: $281,900
Median Rent
$1,061/mo
9% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
1,707
Median year built: 1967
Home Value by Source
Census Median
$198,300
Zillow (ZHVI)
$231,400
Median Sale Price
$309,000
Median List Price
$158,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.8%
Owner-Occupied
28.2%
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:
$1,061/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$147
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
71.8%
Complete Housing Data
Home Values
| Census Median Value | $198,300 |
| Zillow Home Value (ZHVI) | $231,400 |
| Median Sale Price | $309,000 |
| Median List Price | $158,750 |
| Price Per Sq Ft | $147 |
Rent
| Census Median Rent | $1,061 |
| 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 Market | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 3 |
| Active Inventory | 6 |
| Price Per Sq Ft | $147 |
Ownership & Stock
| Owner-Occupied | 71.8% |
| Renter-Occupied | 28.2% |
| Homeownership Rate | 71.8% |
| Total Housing Units | 1,707 |
| Median Year Built | 1967 |
| Rent Burden | 29.1% |