Slayton, MN
Full City Profile · Minnesota · Nobles County County
3.8
/5.0
B+
Good
2,089
Population
1,014/sq mi density
$65,724
Median Income
$38,760 per capita
$160,400
Home Value
$239,255 Zillow
$718
Median Rent
23.6% income on rent
43°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,724 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$160,400 home value, $718/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.5 / 5.0
31.4% bachelor's degree or higher
Housing Overview
Median Home Value
$160,400
43% below
US avg: $281,900
Median Rent
$718/mo
38% below
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
1,035
Median year built: 1961
Home Value by Source
Census Median
$160,400
Zillow (ZHVI)
$239,255
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.7%
Owner-Occupied
30.3%
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:
$718/mo
Affordability & Housing Stock
Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
69.7%
Complete Housing Data
Home Values
| Census Median Value | $160,400 |
| Zillow Home Value (ZHVI) | $239,255 |
Rent
| Census Median Rent | $718 |
| 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 | 69.7% |
| Renter-Occupied | 30.3% |
| Homeownership Rate | 69.7% |
| Total Housing Units | 1,035 |
| Median Year Built | 1961 |
| Rent Burden | 23.6% |
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