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Housing in East Chain

A typical East Chain home is worth roughly $208,000

Typical home value
$208K
MN $351K
Estimate
2-bedroom rent
$1,030
a month, utilities in · HUD
Median tax bill
$2,158
MN $3,357

What kind of housing town is East Chain?

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

★ What stands out · Affordability

What it takes to buy in East Chain

Try your own numbers below.

You could afford about
$341,000
Typical East Chain home $208K

That covers a typical East Chain home, with $133K to spare.

The typical home, each month
$1,270
Loan $1,030Tax $180Insurance $60

A two-bedroom rents for about $1,030 a month here, $240 less 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.

The homes

76% of East Chain households own their home

Half of East Chain’s homes were built before 1953.

Owners and renters
Own 76%Rent 24%

Minnesota: 72% own.

1953
typical home built · MN 1979
$2,158
median property tax bill · MN $3,357
3%
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.

Renting

A two-bedroom rents for about $1,030

Renters already here pay a median of $567, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$840
2 bedrooms$1,030
3 bedrooms$1,370
4 bedrooms$1,380
24%
of households rent · MN 28%
22
renter households
$567
median rent paid today · Census

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

Next door

East Chain vs. its neighbors

The towns that share a border with East Chain. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
East Chain$208K*—$1,030$90,313
Silver Lake—+0.9%†$970$115,568
Pilot Grove—+2.9%†$1,020$62,727

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What East Chain buyers, sellers and renters are saying.

Town Square →
Weigh in
Is East Chain 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. 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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