Russell, MN
Full City Profile · Minnesota · Lyon County County
3.1
/5.0
B
Good
323
Population
351/sq mi density
$62,143
Median Income
$34,225 per capita
$101,700
Home Value
$198,694 Zillow
$700
Median Rent
22.0% income on rent
45°F
Avg Temperature
276 sunny days/yr
253
Violent Crime/100K
2,449 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,143 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$101,700 home value, $700/mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher
Housing Overview
Median Home Value
$101,700
64% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
89.1%
36% above US avg (65.4%)
Total Housing Units
174
Median year built: 1950
Home Value by Source
Census Median
$101,700
Zillow (ZHVI)
$198,694
Median Sale Price
$246,000
Median List Price
$100,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.1%
Owner-Occupied
10.9%
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:
$700/mo
Market Indicators (Redfin)
Median Days on Market
44 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$210
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
89.1%
Complete Housing Data
Home Values
| Census Median Value | $101,700 |
| Zillow Home Value (ZHVI) | $198,694 |
| Median Sale Price | $246,000 |
| Median List Price | $100,000 |
| Price Per Sq Ft | $210 |
Rent
| Census Median Rent | $700 |
| 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 | 44 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $210 |
Ownership & Stock
| Owner-Occupied | 89.1% |
| Renter-Occupied | 10.9% |
| Homeownership Rate | 89.1% |
| Total Housing Units | 174 |
| Median Year Built | 1950 |
| Rent Burden | 22.0% |
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