All Countries
Montgomery, MN
Full City Profile · Minnesota · Le Sueur County County
3.6
/5.0
B+
Good
3,366
Population
1,341/sq mi density
$74,018
Median Income
$36,504 per capita
$218,900
Home Value
$311,296 Zillow
$896
Median Rent
30.9% income on rent
44°F
Avg Temperature
270 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,018 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$218,900 home value, $896/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher
Housing Overview
Median Home Value
$218,900
22% below
US avg: $281,900
Median Rent
$896/mo
23% below
US avg: $1,163/mo
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
1,368
Median year built: 1964
Home Value by Source
Census Median
$218,900
Zillow (ZHVI)
$311,296
Median Sale Price
$286,250
Median List Price
$339,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.9%
Owner-Occupied
19.1%
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:
$896/mo
Market Indicators (Redfin)
Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
6.3%
of listings with price reduction
Price Per Sq Ft
$166
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
80.9%
Complete Housing Data
Home Values
| Census Median Value | $218,900 |
| Zillow Home Value (ZHVI) | $311,296 |
| Median Sale Price | $286,250 |
| Median List Price | $339,900 |
| Price Per Sq Ft | $166 |
Rent
| Census Median Rent | $896 |
| 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 | 47 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 6.3% |
| Homes Sold | 4 |
| Active Inventory | 16 |
| Price Per Sq Ft | $166 |
Ownership & Stock
| Owner-Occupied | 80.9% |
| Renter-Occupied | 19.1% |
| Homeownership Rate | 80.9% |
| Total Housing Units | 1,368 |
| Median Year Built | 1964 |
| Rent Burden | 30.9% |