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Pipestone, MN

Full City Profile · Minnesota · Rock County County

3.1 /5.0
B Good
4,165 Population 1,004/sq mi density
$61,442 Median Income $35,890 per capita
$102,000 Home Value $148,043 Zillow
$722 Median Rent 32.5% income on rent
44°F Avg Temperature 291 sunny days/yr
144 Violent Crime/100K 1,770 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$61,442 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$102,000 home value, $722/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher

Housing Overview

Median Home Value
$102,000
64% below
US avg: $281,900
Median Rent
$722/mo
38% below
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
1,993
Median year built: 1961

Home Value by Source

Census Median
$102,000
Zillow (ZHVI)
$148,043
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.5%
Owner-Occupied
26.5%
Renter-Occupied
74%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$671/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,203/mo
4 Bedroom
$1,538/mo
Census median rent: $722/mo

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
73.5%

Complete Housing Data

Home Values

Census Median Value$102,000
Zillow Home Value (ZHVI)$148,043

Rent

Census Median Rent$722
FMR Studio$671
FMR 1-Bedroom$742
FMR 2-Bedroom$973
FMR 3-Bedroom$1,203
FMR 4-Bedroom$1,538

Market

Ownership & Stock

Owner-Occupied73.5%
Renter-Occupied26.5%
Homeownership Rate73.5%
Total Housing Units1,993
Median Year Built1961
Rent Burden32.5%