Housing & Real Estate — Owatonna, Minnesota
Overview
| Total Housing Units | 11,371 |
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| Occupied | 10,893 |
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| Vacant | 478 |
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| Owner-Occupied | 8,353 |
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| Renter-Occupied | 2,540 |
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| Median Home Value (Census) | $245,200 |
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| Estimated 2026 | ~$272,000 |
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| Median Rent | $1,010/mo |
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| Median Property Tax | $3,222/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 | 15.0% |
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| Severely Rent-Burdened | 50.9% |
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Housing Age
| Built 2010 or later | 806 |
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| Built 2000-2009 | 1,789 |
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| Built 1990-1999 | 1,403 |
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| Built before 1960 | 3,262 |
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| Median Year Built | 1976 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
