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Housing in Frost

A typical Frost home is worth roughly $71,000

No new homes were permitted in 2025.

Typical home value
$71K
MN $351K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$771
MN $3,357

What kind of housing town is Frost?

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

★ What stands out · Affordability

What it takes to buy in Frost

Try your own numbers below.

You could afford about
$341,000
Typical Frost home $71K

That covers a typical Frost home, with $270K to spare.

The typical home, each month
$430
Loan $350Tax $60Insurance $20

A two-bedroom rents for about $970 a month here, $540 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.

The homes

88% of Frost households own their home

Half of Frost’s homes were built before 1944.

Owners and renters
Own 88%Rent 12%

Minnesota: 72% own.

1944
typical home built · MN 1979
$771
median property tax bill · MN $3,357
7%
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 $970

Renters already here pay a median of $825, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$790
2 bedrooms$970
3 bedrooms$1,310
4 bedrooms$1,320
12%
of households rent · MN 28%
14
renter households
$825
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.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Frost in 2025. The last year with any was 2002 (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—
2006000—
2005000—
2004000—
2003000—
2002110$120,000
2001000—
2000000—

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

Next door

Frost vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Frost$71K*—$9700$76,250
Emerald—+2.9%†$990—$75,833

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 Frost buyers, sellers and renters are saying.

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

Your answer becomes a post in Town Square.

Start the conversation

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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