St. Joseph: Housing & Real Estate
The median St. Joseph home is valued at $237,700 (estimated market value runs 13% higher at $269,466), with median rent $1,136 (1.2× higher than Stearns County median $975; about the same as Minnesota median $1,170). Homeownership rate: 64.0%. That's about the same as the Stearns County median ($241,100); 1.2× below the Minnesota median ($290,542). Market is warm. Vacancy rate 3.2%. New construction makes up 19.9% of stock. A municipal building code is in effect.
- 3.2× annual income — home value vs. household income (vs Minnesota 3.2×).
- 17.4 years to break even renting at the median (vs Minnesota 21y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
- Median rent 5% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $237,700 — 0.8× the Minnesota median ($290,541). Median rent $1,136/month. homeownership rate 64.0% — near the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.2× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 18.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 49.0% |
| Affordability · Poverty Rate | 19.1% |
| Affordability · Property Tax Pct Income | 3.0% |
| Fair Market Rent · Studio rent | $874 |
| Fair Market Rent · One-bedroom rent | $919 |
| Fair Market Rent · Two-bedroom rent | $1,206 |
| Fair Market Rent · Three-bedroom rent | $1,604 |
| Fair Market Rent · Four-bedroom rent | $1,873 |
| Fair Market Rent · HUD FMR area | St. Cloud, MN MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $269,466 |
| Median Home Value | $237,700 (vs Minnesota $290,542) |
| Median Rent | $1,136 (vs Minnesota $1,170) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 3.2% |
| Housing Market · New construction (% of stock) | 19.9% |
| Housing Market · Price Appreciation 2Yr | -1.1% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (2)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 2.7% |
| Broadband · Broadband-capable premises | 2,707 |
| Electricity · Electricity rate (¢/kWh) | 15.45¢/kWh |
| Electricity · Customers | 2,581,180 |
| Electricity · Revenue Millions | $3,409 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 64.0% |
|---|---|
| Median Year Built | 1992 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12