Housing & Real Estate — Nelson, Minnesota
Overview
| Total Housing Units | 71 |
|---|
| Occupied | 65 |
|---|
| Vacant | 6 |
|---|
| Owner-Occupied | 33 |
|---|
| Renter-Occupied | 32 |
|---|
| Median Home Value (Census) | $157,500 |
|---|
| Estimated 2026 | ~$159,000 |
|---|
| Median Rent | $917/mo |
|---|
| Median Property Tax | $1,423/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 19.2% |
|---|
| Severely Rent-Burdened | 70.0% |
|---|
Housing Age
| Built 2010 or later | 0 |
|---|
| Built 2000-2009 | 8 |
|---|
| Built 1990-1999 | 11 |
|---|
| Built before 1960 | 28 |
|---|
| Median Year Built | 1974 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
