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Warsaw, MN
Full City Profile · Minnesota · Rice County County
3.5
/5.0
B+
Good
690
Population
802/sq mi density
$115,313
Median Income
$44,889 per capita
$255,000
Home Value
$253,672 Zillow
$1,188
Median Rent
14.4% income on rent
45°F
Avg Temperature
270 sunny days/yr
320
Violent Crime/100K
2,621 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$115,313 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$255,000 home value, $1,188/mo rent
F
Safety
1.0 / 5.0
320 violent crimes/100K
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher
Housing Overview
Median Home Value
$255,000
10% below
US avg: $281,900
Median Rent
$1,188/mo
2% above
US avg: $1,163/mo
Homeownership Rate
92.7%
42% above US avg (65.4%)
Total Housing Units
346
Median year built: 1975
Home Value by Source
Census Median
$255,000
Zillow (ZHVI)
$253,672
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.7%
Owner-Occupied
7.3%
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:
$1,188/mo
Affordability & Housing Stock
Rent Burden
14.4%
of renters spending 30%+ of income on housing
54% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
92.7%
Complete Housing Data
Home Values
| Census Median Value | $255,000 |
| Zillow Home Value (ZHVI) | $253,672 |
Rent
| Census Median Rent | $1,188 |
| 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 | 92.7% |
| Renter-Occupied | 7.3% |
| Homeownership Rate | 92.7% |
| Total Housing Units | 346 |
| Median Year Built | 1975 |
| Rent Burden | 14.4% |