Housing & Real Estate — Mountain Iron, Minnesota
Overview
| Total Housing Units | 1,423 |
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| Occupied | 1,296 |
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| Vacant | 127 |
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| Owner-Occupied | 962 |
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| Renter-Occupied | 334 |
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| Median Home Value (Census) | $192,800 |
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| Estimated 2026 | ~$224,000 |
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| Median Rent | $911/mo |
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| Median Property Tax | $1,759/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 | 13.1% |
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| Severely Rent-Burdened | 16.4% |
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Housing Age
| Built 2010 or later | 104 |
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| Built 2000-2009 | 139 |
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| Built 1990-1999 | 106 |
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| Built before 1960 | 411 |
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| Median Year Built | 1974 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
