All Countries
Orono, MN
Full City Profile · Minnesota · Carver County County
3.7
/5.0
B+
Good
8,205
Population
515/sq mi density
$181,875
Median Income
$131,289 per capita
$952,400
Home Value
$1,086,024 Zillow
$1,653
Median Rent
34.7% income on rent
45°F
Avg Temperature
270 sunny days/yr
69
Violent Crime/100K
619 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$181,875 median income, 2.0% unemployment
B+
Affordability
3.7 / 5.0
$952,400 home value, $1,653/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
A+
Education
5.0 / 5.0
68.9% bachelor's degree or higher
Housing Overview
Median Home Value
$952,400
238% above
US avg: $281,900
Median Rent
$1,653/mo
42% above
US avg: $1,163/mo
Homeownership Rate
90.5%
38% above US avg (65.4%)
Total Housing Units
3,406
Median year built: 1981
Home Value by Source
Census Median
$952,400
Zillow (ZHVI)
$1,086,024
Median Sale Price
$1,560,000
Median List Price
$2,349,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.5%
Owner-Occupied
9.5%
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:
$1,653/mo
Market Indicators (Redfin)
Median Days on Market
107 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
12.9%
of listings with price reduction
Price Per Sq Ft
$399
Active Inventory
31
homes for sale
Affordability & Housing Stock
Rent Burden
34.7%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
90.5%
Complete Housing Data
Home Values
| Census Median Value | $952,400 |
| Zillow Home Value (ZHVI) | $1,086,024 |
| Median Sale Price | $1,560,000 |
| Median List Price | $2,349,500 |
| Price Per Sq Ft | $399 |
Rent
| Census Median Rent | $1,653 |
| 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 Market | 107 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 12.9% |
| Homes Sold | 5 |
| Active Inventory | 31 |
| Price Per Sq Ft | $399 |
Ownership & Stock
| Owner-Occupied | 90.5% |
| Renter-Occupied | 9.5% |
| Homeownership Rate | 90.5% |
| Total Housing Units | 3,406 |
| Median Year Built | 1981 |
| Rent Burden | 34.7% |