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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
77%
23%
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-Occupied76.9%
Renter-Occupied23.1%
Homeownership Rate76.9%
Total Housing Units16
Median Year Built1942
Rent Burden24.9%