The Town Files

The 25 Most Affordable Small Towns in Minnesota

Ranked by home value ÷ income among 165 towns of 2,500–10,000 people in Minnesota. #1 is Pipestone, MN (homes cost 1.7× income).

Map of the 25 towns12345678910111213141516171819202122232425
Numbers match the ranking.
  1. 25Redwood Falls, Minnesota

    Homes cost 2.6× income

    5,102 people · Redwood County · median home $162,100 · income $61,750 · Jan low 4°F · 44 in snow

  2. 24St. Paul Park, Minnesota

    Homes cost 2.6× income

    5,544 people · Washington County · median home $263,500 · income $100,642 · Jan low 9°F · 46 in snow

  3. 23Albertville, Minnesota

    Homes cost 2.6× income

    7,896 people · Wright County · median home $343,700 · income $132,734 · Jan low 4°F · 36 in snow

  4. 22Lake Crystal, Minnesota

    Homes cost 2.5× income

    2,539 people · Blue Earth County · median home $204,400 · income $83,317 · Jan low 6°F · 40 in snow

  5. 21Barnesville, Minnesota

    Homes cost 2.5× income

    2,759 people · Clay County · median home $248,700 · income $97,917 · Jan low -1°F · 52 in snow

  6. 20Staples, Minnesota

    Homes cost 2.5× income

    2,989 people · Todd County · median home $130,000 · income $52,071 · Jan low -1°F · 51 in snow

  7. 19Chatfield, Minnesota

    Homes cost 2.5× income

    2,997 people · Fillmore County · median home $241,600 · income $96,078 · Jan low 4°F · 48 in snow

  8. 18Breckenridge, Minnesota

    Homes cost 2.5× income

    3,430 people · Wilkin County · median home $144,500 · income $58,963 · Jan low -1°F · 50 in snow

  9. 17Thief River Falls, Minnesota

    Homes cost 2.5× income

    8,749 people · Pennington County · median home $175,400 · income $71,144 · Jan low -3°F · 50 in snow

  10. 16Granite Falls, Minnesota

    Homes cost 2.3× income

    2,737 people · Yellow Medicine County · median home $136,700 · income $59,375 · Jan low 3°F · 52 in snow

  11. 15Mountain Iron, Minnesota

    Homes cost 2.3× income

    2,878 people · St. Louis County · median home $192,800 · income $83,293 · Jan low -1°F · 69 in snow

  12. 14Windom, Minnesota

    Homes cost 2.3× income

    4,798 people · Cottonwood County · median home $169,700 · income $74,899 · Jan low 8°F · 44 in snow

  13. 13Virginia, Minnesota

    Homes cost 2.3× income

    8,421 people · St. Louis County · median home $120,600 · income $51,720 · Jan low -1°F · 69 in snow

  14. 12White, Minnesota

    Homes cost 2.2× income

    3,136 people · St. Louis County · median home $123,600 · income $55,293 · Jan low -7°F · 76 in snow

  15. 11Blue Earth, Minnesota

    Homes cost 2.2× income

    3,174 people · Faribault County · median home $143,600 · income $66,771 · Jan low 6°F · 47 in snow

  16. 10Sleepy Eye, Minnesota

    Homes cost 2.2× income

    3,452 people · Brown County · median home $147,600 · income $66,911 · Jan low 7°F · 41 in snow

  17. 9Dodge Center, Minnesota

    Homes cost 2.1× income

    2,844 people · Dodge County · median home $197,600 · income $93,884 · Jan low 4°F · 47 in snow

  18. 8Caledonia, Minnesota

    Homes cost 2.1× income

    2,847 people · Houston County · median home $157,900 · income $76,477 · Jan low 8°F · 45 in snow

  19. 7Chisholm, Minnesota

    Homes cost 2.1× income

    4,775 people · St. Louis County · median home $109,200 · income $50,891 · Jan low -4°F

  20. 6Montevideo, Minnesota

    Homes cost 2.1× income

    5,398 people · Chippewa County · median home $141,000 · income $68,596 · Jan low 2°F · 46 in snow

  21. 5International Falls, Minnesota

    Homes cost 2.1× income

    5,802 people · Koochiching County · median home $120,400 · income $57,662 · Jan low -6°F · 73 in snow

  22. 4St. James, Minnesota

    Homes cost 2.0× income

    4,793 people · Watonwan County · median home $122,100 · income $60,242 · Jan low 5°F · 50 in snow

  23. 3Eveleth, Minnesota

    Homes cost 1.9× income

    3,493 people · St. Louis County · median home $97,600 · income $50,725 · Jan low -1°F · 69 in snow

  24. 2Jackson, Minnesota

    Homes cost 1.8× income

    3,323 people · Jackson County · median home $128,500 · income $70,223 · Jan low 5°F · 45 in snow

  25. 1Pipestone, Minnesota

    Homes cost 1.7× income

    4,215 people · Pipestone County · median home $114,100 · income $67,568 · Jan low 5°F · 40 in snow

More Minnesota rankings

Same ranking, other places

Methodology. We ranked 165 towns of 2,500–10,000 people in Minnesota (2020 Census population; towns with 2,500+ people have pages so far). Only towns better than 60% of their peers on this measure qualify, so lists can be shorter than 25. Sources: