Housing & Real Estate — Preston, Minnesota

Overview

Total Housing Units622
Occupied571
Vacant51
Owner-Occupied416
Renter-Occupied155
Median Home Value (Census)$185,900
Estimated 2026~$230,000
Median Rent$649/mo
Median Property Tax$1,916/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.2%
Severely Rent-Burdened18.6%

Housing Age

Built 2010 or later10
Built 2000-2009118
Built 1990-199953
Built before 1960313
Median Year Built1957
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.