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Wadena, MN
Full City Profile · Minnesota · Otter Tail County County
2.7
/5.0
C+
Fair
4,361
Population
789/sq mi density
$45,850
Median Income
$26,876 per capita
$158,700
Home Value
$208,346 Zillow
$683
Median Rent
29.4% income on rent
40°F
Avg Temperature
276 sunny days/yr
244
Violent Crime/100K
1,855 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$45,850 median income, 5.6% unemployment
A+
Affordability
4.7 / 5.0
$158,700 home value, $683/mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$158,700
44% below
US avg: $281,900
Median Rent
$683/mo
41% below
US avg: $1,163/mo
Homeownership Rate
52.6%
20% below US avg (65.4%)
Total Housing Units
2,167
Median year built: 1965
Home Value by Source
Census Median
$158,700
Zillow (ZHVI)
$208,346
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
52.6%
Owner-Occupied
47.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$701/mo
1 Bedroom
$783/mo
2 Bedroom
$1,016/mo
3 Bedroom
$1,218/mo
4 Bedroom
$1,345/mo
Census median rent:
$683/mo
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
52.6%
Complete Housing Data
Home Values
| Census Median Value | $158,700 |
| Zillow Home Value (ZHVI) | $208,346 |
Rent
| Census Median Rent | $683 |
| FMR Studio | $701 |
| FMR 1-Bedroom | $783 |
| FMR 2-Bedroom | $1,016 |
| FMR 3-Bedroom | $1,218 |
| FMR 4-Bedroom | $1,345 |
Market
Ownership & Stock
| Owner-Occupied | 52.6% |
| Renter-Occupied | 47.4% |
| Homeownership Rate | 52.6% |
| Total Housing Units | 2,167 |
| Median Year Built | 1965 |
| Rent Burden | 29.4% |