Housing & Real Estate — Pine Island, Minnesota

Overview

Total Housing Units1,550
Occupied1,427
Vacant123
Owner-Occupied1,077
Renter-Occupied350
Median Home Value (Census)$350,500
Estimated 2026~$418,000
Median Rent$959/mo
Median Property Tax$4,404/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income11.0%
Severely Rent-Burdened30.0%

Housing Age

Built 2010 or later203
Built 2000-2009552
Built 1990-199990
Built before 1960277
Median Year Built1997
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.