Myrtle, MN
Full City Profile · Minnesota · Freeborn County County
3.3
/5.0
B
Good
40
Population
400/sq mi density
$63,125
Median Income
$27,730 per capita
$56,700
Home Value
$235,681 Zillow
45°F
Avg Temperature
260 sunny days/yr
266
Violent Crime/100K
2,362 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,125 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$56,700 home value, /mo rent
F
Safety
1.0 / 5.0
266 violent crimes/100K
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Housing Overview
Median Home Value
$56,700
80% below
US avg: $281,900
Homeownership Rate
76.9%
18% above US avg (65.4%)
Total Housing Units
16
Median year built: 1942
Home Value by Source
Census Median
$56,700
Zillow (ZHVI)
$235,681
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.9%
Owner-Occupied
23.1%
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
Affordability & Housing Stock
Rent Burden
24.9%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
76.9%
Complete Housing Data
Home Values
| Census Median Value | $56,700 |
| Zillow Home Value (ZHVI) | $235,681 |
Rent
| 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 | 76.9% |
| Renter-Occupied | 23.1% |
| Homeownership Rate | 76.9% |
| Total Housing Units | 16 |
| Median Year Built | 1942 |
| Rent Burden | 24.9% |
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