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States / Minnesota / Fairmont

Fairmont, MN Housing

ACS 2020-2024

Median Home Value
$169,900 ± $14,783
Median Gross Rent
$738 ± $47/mo
Homeownership Rate
60.9%
Rent as Share of Income
16.7%
Price-to-Income Ratio
3.2×
Vacancy Rate
7.6%
Median Year Built
1966

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
2
Buildings
2
Single-Family Units
2
Multi-Family Units
0

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Fairmont, MN Housing: Rent & Home Values | HomeDataUSA