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Princeton, MN
Full City Profile · Minnesota · Sherburne County County
2.9
/5.0
C+
Fair
4,988
Population
1,012/sq mi density
$52,450
Median Income
$31,304 per capita
$212,200
Home Value
$361,638 Zillow
$953
Median Rent
27.2% income on rent
44°F
Avg Temperature
270 sunny days/yr
106
Violent Crime/100K
3,375 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$52,450 median income, 1.0% unemployment
A
Affordability
4.4 / 5.0
$212,200 home value, $953/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
C
Education
2.0 / 5.0
12.9% bachelor's degree or higher
Housing Overview
Median Home Value
$212,200
25% below
US avg: $281,900
Median Rent
$953/mo
18% below
US avg: $1,163/mo
Homeownership Rate
57.7%
12% below US avg (65.4%)
Total Housing Units
2,090
Median year built: 1977
Home Value by Source
Census Median
$212,200
Zillow (ZHVI)
$361,638
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.7%
Owner-Occupied
42.3%
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:
$953/mo
Affordability & Housing Stock
Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
57.7%
Complete Housing Data
Home Values
| Census Median Value | $212,200 |
| Zillow Home Value (ZHVI) | $361,638 |
Rent
| Census Median Rent | $953 |
| 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 | 57.7% |
| Renter-Occupied | 42.3% |
| Homeownership Rate | 57.7% |
| Total Housing Units | 2,090 |
| Median Year Built | 1977 |
| Rent Burden | 27.2% |