Housing & Real Estate — Princeton, Minnesota

Overview

Total Housing Units2,134
Occupied2,093
Vacant41
Owner-Occupied1,207
Renter-Occupied886
Median Home Value (Census)$218,700
Estimated 2026~$235,000
Median Rent$953/mo
Median Property Tax$2,839/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income18.4%
Severely Rent-Burdened35.8%

Housing Age

Built 2010 or later143
Built 2000-2009319
Built 1990-1999214
Built before 1960746
Median Year Built1977
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.