Housing & Real Estate — Nicollet, Minnesota

Overview

Total Housing Units405
Occupied394
Vacant11
Owner-Occupied247
Renter-Occupied147
Median Home Value (Census)$239,700
Estimated 2026~$260,000
Median Rent$862/mo
Median Property Tax$2,560/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.2%
Severely Rent-Burdened29.8%

Housing Age

Built 2010 or later62
Built 2000-200972
Built 1990-199940
Built before 196067
Median Year Built1981
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.