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Olivia, MN
Full City Profile · Minnesota · Renville County County
3.2
/5.0
B
Good
2,243
Population
927/sq mi density
$62,683
Median Income
$32,811 per capita
$156,600
Home Value
$193,465 Zillow
$740
Median Rent
28.9% income on rent
43°F
Avg Temperature
276 sunny days/yr
344
Violent Crime/100K
2,062 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$62,683 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$156,600 home value, $740/mo rent
F
Safety
1.0 / 5.0
344 violent crimes/100K
C+
Education
2.8 / 5.0
21.9% bachelor's degree or higher
Housing Overview
Median Home Value
$156,600
44% below
US avg: $281,900
Median Rent
$740/mo
36% below
US avg: $1,163/mo
Homeownership Rate
62.9%
4% below US avg (65.4%)
Total Housing Units
1,155
Median year built: 1969
Home Value by Source
Census Median
$156,600
Zillow (ZHVI)
$193,465
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.9%
Owner-Occupied
37.1%
Renter-Occupied
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:
$740/mo
Affordability & Housing Stock
Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
62.9%
Complete Housing Data
Home Values
| Census Median Value | $156,600 |
| Zillow Home Value (ZHVI) | $193,465 |
Rent
| Census Median Rent | $740 |
| 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-Occupied | 62.9% |
| Renter-Occupied | 37.1% |
| Homeownership Rate | 62.9% |
| Total Housing Units | 1,155 |
| Median Year Built | 1969 |
| Rent Burden | 28.9% |