Housing & Real Estate — Madison, Minnesota
Overview
| Total Housing Units | 914 |
| Occupied | 745 |
| Vacant | 169 |
| Owner-Occupied | 527 |
| Renter-Occupied | 218 |
| Median Home Value (Census) | $97,000 |
| Estimated 2026 | ~$117,000 |
| Median Rent | $920/mo |
| Median Property Tax | $1,191/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | affordable |
| Rent as % of Income | 18.0% |
| Severely Rent-Burdened | 35.6% |
Housing Age
| Built 2010 or later | 11 |
| Built 2000-2009 | 25 |
| Built 1990-1999 | 56 |
| Built before 1960 | 518 |
| Median Year Built | 1954 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.