Housing & Real Estate — Madison, Minnesota

Overview

Total Housing Units914
Occupied745
Vacant169
Owner-Occupied527
Renter-Occupied218
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 RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income18.0%
Severely Rent-Burdened35.6%

Housing Age

Built 2010 or later11
Built 2000-200925
Built 1990-199956
Built before 1960518
Median Year Built1954
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.