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Morgan, MN
Full City Profile · Minnesota · Brown County County
3.9
/5.0
B+
Good
862
Population
1,567/sq mi density
$58,750
Median Income
$31,703 per capita
$105,900
Home Value
$121,724 Zillow
$996
Median Rent
36.5% income on rent
44°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$58,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$105,900 home value, $996/mo rent
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher
Housing Overview
Median Home Value
$105,900
62% below
US avg: $281,900
Median Rent
$996/mo
14% below
US avg: $1,163/mo
Homeownership Rate
77.4%
18% above US avg (65.4%)
Total Housing Units
392
Median year built: 1953
Home Value by Source
Census Median
$105,900
Zillow (ZHVI)
$121,724
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.4%
Owner-Occupied
22.6%
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:
$996/mo
Affordability & Housing Stock
Rent Burden
36.5%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
77.4%
Complete Housing Data
Home Values
| Census Median Value | $105,900 |
| Zillow Home Value (ZHVI) | $121,724 |
Rent
| Census Median Rent | $996 |
| 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 | 77.4% |
| Renter-Occupied | 22.6% |
| Homeownership Rate | 77.4% |
| Total Housing Units | 392 |
| Median Year Built | 1953 |
| Rent Burden | 36.5% |