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Northrop, MN

Full City Profile · Minnesota · Martin County County

3.1 /5.0
B Good
212 Population 1,631/sq mi density
$63,750 Median Income $30,677 per capita
$118,800 Home Value $140,928 Zillow
$667 Median Rent 12.5% income on rent
46°F Avg Temperature 260 sunny days/yr
231 Violent Crime/100K 3,112 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$118,800 home value, $667/mo rent
F
Safety
1.0 / 5.0
231 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Housing Overview

Median Home Value
$118,800
58% below
US avg: $281,900
Median Rent
$667/mo
43% below
US avg: $1,163/mo
Homeownership Rate
80.4%
23% above US avg (65.4%)
Total Housing Units
111
Median year built: 1965

Home Value by Source

Census Median
$118,800
Zillow (ZHVI)
$140,928
Median Sale Price
$104,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.4%
Owner-Occupied
19.6%
Renter-Occupied
80%
20%
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: $667/mo

Market Indicators (Redfin)

Median Days on Market
255 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$43

Affordability & Housing Stock

Rent Burden
12.5%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
80.4%

Complete Housing Data

Home Values

Census Median Value$118,800
Zillow Home Value (ZHVI)$140,928
Median Sale Price$104,000
Price Per Sq Ft$43

Rent

Census Median Rent$667
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market255
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$43

Ownership & Stock

Owner-Occupied80.4%
Renter-Occupied19.6%
Homeownership Rate80.4%
Total Housing Units111
Median Year Built1965
Rent Burden12.5%