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Newfolden, MN

Full City Profile · Minnesota · Marshall County County

3.3 /5.0
B Good
468 Population 459/sq mi density
$69,000 Median Income $29,203 per capita
$143,800 Home Value $261,017 Zillow
$883 Median Rent 19.7% income on rent
40°F Avg Temperature 200 sunny days/yr
252 Violent Crime/100K 3,455 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$69,000 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$143,800 home value, $883/mo rent
F
Safety
1.0 / 5.0
252 violent crimes/100K
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher

Housing Overview

Median Home Value
$143,800
49% below
US avg: $281,900
Median Rent
$883/mo
24% below
US avg: $1,163/mo
Homeownership Rate
70.4%
8% above US avg (65.4%)
Total Housing Units
159
Median year built: 1967

Home Value by Source

Census Median
$143,800
Zillow (ZHVI)
$261,017
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.4%
Owner-Occupied
29.6%
Renter-Occupied
70%
30%
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: $883/mo

Affordability & Housing Stock

Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
70.4%

Complete Housing Data

Home Values

Census Median Value$143,800
Zillow Home Value (ZHVI)$261,017

Rent

Census Median Rent$883
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-Occupied70.4%
Renter-Occupied29.6%
Homeownership Rate70.4%
Total Housing Units159
Median Year Built1967
Rent Burden19.7%