Housing & Real Estate — Elgin, Minnesota

Overview

Total Housing Units481
Occupied418
Vacant63
Owner-Occupied325
Renter-Occupied93
Median Home Value (Census)$232,200
Estimated 2026~$268,000
Median Rent$738/mo
Median Property Tax$2,722/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income9.6%
Severely Rent-Burdened21.7%

Housing Age

Built 2010 or later51
Built 2000-2009109
Built 1990-199952
Built before 196093
Median Year Built1979
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.