Housing & Real Estate — Heron Lake, Minnesota

Overview

Total Housing Units295
Occupied265
Vacant30
Owner-Occupied226
Renter-Occupied39
Median Home Value (Census)$88,600
Estimated 2026~$95,000
Median Rent$681/mo
Median Property Tax$1,193/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.0%
Severely Rent-Burdened32.6%

Housing Age

Built 2010 or later2
Built 2000-200918
Built 1990-19993
Built before 1960184
Median Year Built1946
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.