Median Home Value
$331,700
Median Gross Rent
$1,370/mo
Homeownership Rate
70.6%
Rent as Share of Income
17.2%
Vacancy Rate
5.9%
Median Year Built
1989
Home Price Index (FHFA)
Home prices in Olmsted County have risen 758% since 1975, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,112
1 Bedroom
$1,189
2 Bedroom
$1,407
3 Bedroom
$1,957
4 Bedroom
$2,360
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.