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Housing in Chokio

A typical Chokio home is worth roughly $93,000

No new homes were permitted in 2025.

Typical home value
$93K
MN $351K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,255
MN $3,357

What kind of housing town is Chokio?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Chokio

Try your own numbers below.

You could afford about
$341,000
Typical Chokio home $93K

That covers a typical Chokio home, with $248K to spare.

The typical home, each month
$560
Loan $460Tax $80Insurance $30

A two-bedroom rents for about $970 a month here, $410 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $779, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$750
2 bedrooms$970
3 bedrooms$1,340
4 bedrooms$1,600
21%
of households rent · MN 28%
42
renter households
$779
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Big Stone County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Chokio in 2025. The last year with any was 2022 (1 new home).

Single-family
0123 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
3
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022110$155,000
2021110$155,000
2020000—
2019000—
2018000—
2017110$200,000
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006330$548,000
2005220$365,000
2004000—
2003000—
2002000—
2001000—
2000330$153,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

79% of Chokio households own their home

Half of Chokio’s homes were built before 1961.

Owners and renters
Own 79%Rent 21%

Minnesota: 72% own.

1961
typical home built · MN 1979
$1,255
median property tax bill · MN $3,357
4%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Chokio buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Chokio still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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