Housing & Real Estate — Underwood, Minnesota

Overview

Total Housing Units205
Occupied179
Vacant26
Owner-Occupied151
Renter-Occupied28
Median Home Value (Census)$187,500
Estimated 2026~$202,000
Median Rent$1,016/mo
Median Property Tax$1,480/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income16.3%
Severely Rent-Burdened14.8%

Housing Age

Built 2010 or later18
Built 2000-200921
Built 1990-199917
Built before 196098
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.