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Wabasso, MN

Full City Profile · Minnesota · Redwood County County

3.2 /5.0
B Good
598 Population 704/sq mi density
$63,900 Median Income $34,064 per capita
$105,100 Home Value $90,091 Zillow
$633 Median Rent 29.5% income on rent
44°F Avg Temperature 276 sunny days/yr
215 Violent Crime/100K 2,898 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,900 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$105,100 home value, $633/mo rent
F
Safety
1.0 / 5.0
215 violent crimes/100K
C+
Education
2.7 / 5.0
20.9% bachelor's degree or higher

Housing Overview

Median Home Value
$105,100
63% below
US avg: $281,900
Median Rent
$633/mo
46% below
US avg: $1,163/mo
Homeownership Rate
78.5%
20% above US avg (65.4%)
Total Housing Units
288
Median year built: 1969

Home Value by Source

Census Median
$105,100
Zillow (ZHVI)
$90,091
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.5%
Owner-Occupied
21.5%
Renter-Occupied
79%
22%
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: $633/mo

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
78.5%

Complete Housing Data

Home Values

Census Median Value$105,100
Zillow Home Value (ZHVI)$90,091

Rent

Census Median Rent$633
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-Occupied78.5%
Renter-Occupied21.5%
Homeownership Rate78.5%
Total Housing Units288
Median Year Built1969
Rent Burden29.5%