All Countries
Preston, MN
Full City Profile · Minnesota · Fillmore County County
3.7
/5.0
B+
Good
1,315
Population
532/sq mi density
$60,438
Median Income
$36,526 per capita
$169,600
Home Value
$254,689 Zillow
$649
Median Rent
26.0% income on rent
44°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$60,438 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$169,600 home value, $649/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.2 / 5.0
27.6% bachelor's degree or higher
Housing Overview
Median Home Value
$169,600
40% below
US avg: $281,900
Median Rent
$649/mo
44% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
624
Median year built: 1957
Home Value by Source
Census Median
$169,600
Zillow (ZHVI)
$254,689
Median Sale Price
$375,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.9%
Owner-Occupied
27.1%
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:
$649/mo
Market Indicators (Redfin)
Median Days on Market
182 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
72.9%
Complete Housing Data
Home Values
| Census Median Value | $169,600 |
| Zillow Home Value (ZHVI) | $254,689 |
| Median Sale Price | $375,000 |
| Price Per Sq Ft | $140 |
Rent
| Census Median Rent | $649 |
| 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 | 182 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 1 |
| Price Per Sq Ft | $140 |
Ownership & Stock
| Owner-Occupied | 72.9% |
| Renter-Occupied | 27.1% |
| Homeownership Rate | 72.9% |
| Total Housing Units | 624 |
| Median Year Built | 1957 |
| Rent Burden | 26.0% |