Housing & Real Estate — Morristown, Minnesota

Overview

Total Housing Units444
Occupied393
Vacant51
Owner-Occupied306
Renter-Occupied87
Median Home Value (Census)$184,800
Estimated 2026~$208,000
Median Rent$1,152/mo
Median Property Tax$2,385/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income16.6%
Severely Rent-Burdened12.7%

Housing Age

Built 2010 or later22
Built 2000-200941
Built 1990-199942
Built before 1960257
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.