Housing & Real Estate — Vermillion, Minnesota
Overview
| Total Housing Units | 182 |
|---|
| Occupied | 182 |
|---|
| Vacant | 0 |
|---|
| Owner-Occupied | 159 |
|---|
| Renter-Occupied | 23 |
|---|
| Median Home Value (Census) | $319,300 |
|---|
| Estimated 2026 | ~$374,000 |
|---|
| Median Rent | $1,021/mo |
|---|
| Median Property Tax | $2,649/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 11.4% |
|---|
| Severely Rent-Burdened | 46.2% |
|---|
Housing Age
| Built 2010 or later | 3 |
|---|
| Built 2000-2009 | 8 |
|---|
| Built 1990-1999 | 10 |
|---|
| Built before 1960 | 37 |
|---|
| Median Year Built | 1974 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
