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Milroy, MN
Full City Profile · Minnesota · Lyon County County
3.2
/5.0
B
Good
213
Population
819/sq mi density
$61,875
Median Income
$39,065 per capita
$103,100
Home Value
$181,264 Zillow
$550
Median Rent
22.5% income on rent
45°F
Avg Temperature
276 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$61,875 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$103,100 home value, $550/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher
Housing Overview
Median Home Value
$103,100
63% below
US avg: $281,900
Median Rent
$550/mo
53% below
US avg: $1,163/mo
Homeownership Rate
85.5%
31% above US avg (65.4%)
Total Housing Units
105
Median year built: 1964
Home Value by Source
Census Median
$103,100
Zillow (ZHVI)
$181,264
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.5%
Owner-Occupied
14.5%
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:
$550/mo
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
85.5%
Complete Housing Data
Home Values
| Census Median Value | $103,100 |
| Zillow Home Value (ZHVI) | $181,264 |
Rent
| Census Median Rent | $550 |
| 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 | 85.5% |
| Renter-Occupied | 14.5% |
| Homeownership Rate | 85.5% |
| Total Housing Units | 105 |
| Median Year Built | 1964 |
| Rent Burden | 22.5% |