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Housing in Delhi

Homes in Delhi

Home prices around Delhi have risen about 37% over the past 5 years. No new homes were permitted in 2025.

2-bedroom rent
$1,080
a month, utilities in · HUD

What kind of housing town is Delhi?

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

★ What stands out · Price trend

Home prices up 37% in 5 years

The federal house price index for the ZIP code around Delhi rose 37% over the past 5 years, about the same as across Minnesota. Last year prices rose 14%.

Delhi areaMinnesota
0%+50%+100%+150%200020052010201520202025
+14%
past year
+37%
past 5 years
+71%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Delhi, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,080

Fair Market Rent a month, utilities included

Studio$750
1 bedroom$820
2 bedrooms$1,080
3 bedrooms$1,470
4 bedrooms$1,740

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Redwood 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 Delhi in 2025. The last year with any was 2006 (1 new home).

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006110$149,000
2005000—
2004000—
2003000—
2002000—
2001000—
2000000—

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

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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. Price trend: Federal Housing Finance Agency House Price Index. 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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