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Towns with the most affordable housing in Minnesota

Ranked by our Housing affordability score out of 100, which is based on home prices compared with income, rent as a share of income, and the typical home price. Of the 363 towns in Minnesota with 1,000 or more people, these are the top 25.

Fairfax ranks first with a score of 86. Tracy and Redby follow, with 85 and 85. Scores compare each town with all 27,850 towns we track across the US.

RankTownScore Home price compared with yearly incomeShare of income spent on rent Population
1 Fairfax 86 1.9×8.6% 1,088
2 Tracy 85 1.7×12.3% 2,057
3 Redby 85 1.9×10.9% 1,495
4 Pipestone 84 1.7×13.1% 4,129
5 Renville 84 1.8×11.7% 1,503
6 Wells 84 1.7×13.8% 2,296
7 Cottonwood 82 1.8×8.4% 1,061
8 Jackson 82 1.8×12.9% 3,287
9 Dawson 82 2.0×10.2% 1,513
10 New Richland 82 2.0×10.5% 1,184
11 Gilbert 81 1.9×13.0% 1,697
12 Lakefield 81 1.9×12.9% 1,507
13 Sherburn 80 1.8×14.8% 1,015
14 Winnebago 80 1.9×14.3% 1,280
15 Red Lake Falls 80 2.2×9.5% 1,348
16 Madison 80 1.6×16.4% 1,550
17 Babbitt 79 1.8×15.8% 1,393
18 Canby 78 2.2×12.1% 1,556
19 International Falls 78 2.1×13.4% 5,642
20 Wheaton 78 1.9×16.0% 1,389
21 Edgerton 78 1.9×14.4% 1,104
22 Minneota 78 2.2×10.4% 1,594
23 Red Lake 78 2.5×9.8% 1,481
24 Caledonia 76 2.1×13.2% 2,820
25 Aurora 76 2.3×14.5% 1,792

Only towns with 1,000 or more people are ranked. Scores compare each town with all towns we track. See how we score towns and where the figures come from. These are estimates, so check official sources before you decide.

More rankings for Minnesota

Towns with the most affordable housing in other states

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