Housing & Real Estate — New Richland, Minnesota

Overview

Total Housing Units453
Occupied418
Vacant35
Owner-Occupied361
Renter-Occupied57
Median Home Value (Census)$137,000
Estimated 2026~$147,000
Median Rent$544/mo
Median Property Tax$1,706/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income9.7%
Severely Rent-Burdened36.1%

Housing Age

Built 2010 or later4
Built 2000-200943
Built 1990-199915
Built before 1960277
Median Year Built1955
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.