Housing & Real Estate — Montevideo, Minnesota

Overview

Total Housing Units2,478
Occupied2,291
Vacant187
Owner-Occupied1,448
Renter-Occupied843
Median Home Value (Census)$141,000
Estimated 2026~$149,000
Median Rent$832/mo
Median Property Tax$1,649/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income14.6%
Severely Rent-Burdened46.7%

Housing Age

Built 2010 or later80
Built 2000-200943
Built 1990-1999142
Built before 19601,403
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.