Nashwauk, MN

Full City Profile · Minnesota · Itasca County County

2.8 /5.0
C+ Fair
1,035 Population 68/sq mi density
$58,533 Median Income $31,159 per capita
$102,400 Home Value $135,588 Zillow
$697 Median Rent 32.6% income on rent
37°F Avg Temperature
209 Violent Crime/100K 209 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$58,533 median income, 7.6% unemployment
A+
Affordability
5.0 / 5.0
$102,400 home value, $697/mo rent
F
Safety
1.0 / 5.0
209 violent crimes/100K
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher

Housing Overview

Median Home Value
$102,400
64% below
US avg: $281,900
Median Rent
$697/mo
40% below
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
587
Median year built: 1952

Home Value by Source

Census Median
$102,400
Zillow (ZHVI)
$135,588
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.4%
Owner-Occupied
21.6%
Renter-Occupied
78%
22%
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: $697/mo

Affordability & Housing Stock

Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
78.4%

Complete Housing Data

Home Values

Census Median Value$102,400
Zillow Home Value (ZHVI)$135,588

Rent

Census Median Rent$697
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-Occupied78.4%
Renter-Occupied21.6%
Homeownership Rate78.4%
Total Housing Units587
Median Year Built1952
Rent Burden32.6%