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Walnut Grove, MN
Full City Profile · Minnesota · Redwood County County
3.1
/5.0
B
Good
719
Population
660/sq mi density
$59,583
Median Income
$25,008 per capita
$81,000
Home Value
$157,184 Zillow
$575
Median Rent
24.6% income on rent
44°F
Avg Temperature
276 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$59,583 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$81,000 home value, $575/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher
Housing Overview
Median Home Value
$81,000
71% below
US avg: $281,900
Median Rent
$575/mo
51% below
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
362
Median year built: 1958
Home Value by Source
Census Median
$81,000
Zillow (ZHVI)
$157,184
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.1%
Owner-Occupied
29.9%
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:
$575/mo
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
70.1%
Complete Housing Data
Home Values
| Census Median Value | $81,000 |
| Zillow Home Value (ZHVI) | $157,184 |
Rent
| Census Median Rent | $575 |
| 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 | 70.1% |
| Renter-Occupied | 29.9% |
| Homeownership Rate | 70.1% |
| Total Housing Units | 362 |
| Median Year Built | 1958 |
| Rent Burden | 24.6% |