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Nicollet, MN
Full City Profile · Minnesota · Nicollet County County
3.3
/5.0
B
Good
966
Population
1,062/sq mi density
$80,500
Median Income
$39,924 per capita
$214,100
Home Value
$312,185 Zillow
$862
Median Rent
24.1% income on rent
44°F
Avg Temperature
270 sunny days/yr
197
Violent Crime/100K
986 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,500 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$214,100 home value, $862/mo rent
F
Safety
1.0 / 5.0
197 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher
Housing Overview
Median Home Value
$214,100
24% below
US avg: $281,900
Median Rent
$862/mo
26% below
US avg: $1,163/mo
Homeownership Rate
62.7%
4% below US avg (65.4%)
Total Housing Units
368
Median year built: 1981
Home Value by Source
Census Median
$214,100
Zillow (ZHVI)
$312,185
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.7%
Owner-Occupied
37.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$971/mo
1 Bedroom
$977/mo
2 Bedroom
$1,171/mo
3 Bedroom
$1,629/mo
4 Bedroom
$1,916/mo
Census median rent:
$862/mo
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
62.7%
Complete Housing Data
Home Values
| Census Median Value | $214,100 |
| Zillow Home Value (ZHVI) | $312,185 |
Rent
| Census Median Rent | $862 |
| FMR Studio | $971 |
| FMR 1-Bedroom | $977 |
| FMR 2-Bedroom | $1,171 |
| FMR 3-Bedroom | $1,629 |
| FMR 4-Bedroom | $1,916 |
Market
Ownership & Stock
| Owner-Occupied | 62.7% |
| Renter-Occupied | 37.3% |
| Homeownership Rate | 62.7% |
| Total Housing Units | 368 |
| Median Year Built | 1981 |
| Rent Burden | 24.1% |