Housing & Real Estate — Buffalo, Minnesota
Overview
| Total Housing Units | 6,468 |
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| Occupied | 6,288 |
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| Vacant | 180 |
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| Owner-Occupied | 4,825 |
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| Renter-Occupied | 1,463 |
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| Median Home Value (Census) | $314,400 |
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| Estimated 2026 | ~$340,000 |
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| Median Rent | $1,111/mo |
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| Median Property Tax | $3,484/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 15.0% |
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| Severely Rent-Burdened | 40.1% |
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Housing Age
| Built 2010 or later | 391 |
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| Built 2000-2009 | 1,966 |
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| Built 1990-1999 | 1,228 |
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| Built before 1960 | 1,025 |
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| Median Year Built | 1992 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
