Housing & Real Estate — Elko New Market, Minnesota
Overview
| Total Housing Units | 1,682 |
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| Occupied | 1,578 |
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| Vacant | 104 |
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| Owner-Occupied | 1,487 |
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| Renter-Occupied | 91 |
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| Median Home Value (Census) | $433,100 |
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| Estimated 2026 | ~$499,000 |
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| Median Rent | $2,311/mo |
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| Median Property Tax | $4,601/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 18.2% |
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| Severely Rent-Burdened | 15.7% |
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Housing Age
| Built 2010 or later | 303 |
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| Built 2000-2009 | 1,055 |
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| Built 1990-1999 | 86 |
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| Built before 1960 | 47 |
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| Median Year Built | 2004 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
