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Springfield, MN
Full City Profile · Minnesota · Brown County County
3.7
/5.0
B+
Good
2,209
Population
1,175/sq mi density
$59,412
Median Income
$28,931 per capita
$117,600
Home Value
$203,493 Zillow
$781
Median Rent
32.3% income on rent
44°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$59,412 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$117,600 home value, $781/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.1 / 5.0
26.0% bachelor's degree or higher
Housing Overview
Median Home Value
$117,600
58% below
US avg: $281,900
Median Rent
$781/mo
33% below
US avg: $1,163/mo
Homeownership Rate
74.8%
14% above US avg (65.4%)
Total Housing Units
1,012
Median year built: 1951
Home Value by Source
Census Median
$117,600
Zillow (ZHVI)
$203,493
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.8%
Owner-Occupied
25.2%
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:
$781/mo
Affordability & Housing Stock
Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
74.8%
Complete Housing Data
Home Values
| Census Median Value | $117,600 |
| Zillow Home Value (ZHVI) | $203,493 |
Rent
| Census Median Rent | $781 |
| 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 | 74.8% |
| Renter-Occupied | 25.2% |
| Homeownership Rate | 74.8% |
| Total Housing Units | 1,012 |
| Median Year Built | 1951 |
| Rent Burden | 32.3% |