Housing & Real Estate — Tower, Minnesota

Overview

Total Housing Units260
Occupied183
Vacant77
Owner-Occupied150
Renter-Occupied33
Median Home Value (Census)$109,600
Estimated 2026~$127,000
Median Rent$565/mo
Median Property Tax$1,555/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income10.3%
Severely Rent-Burdened30.8%

Housing Age

Built 2010 or later13
Built 2000-200922
Built 1990-199915
Built before 1960144
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.