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Housing in Louriston

A typical Louriston home is worth roughly $316,000

Typical home value
$316K
MN $351K
Estimate
2-bedroom rent
$1,020
a month, utilities in · HUD
Median tax bill
$1,868
MN $3,357
Affordability

What it takes to buy in Louriston

Try your own numbers below.

You could afford about
$341,000
Typical Louriston home $316K

That covers a typical Louriston home, with $25K to spare.

The typical home, each month
$1,920
Loan $1,560Tax $270Insurance $90

A two-bedroom rents for about $1,020 a month here, $900 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.

Renting

A two-bedroom rents for about $1,020

Renters already here pay a median of $863, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$810
2 bedrooms$1,020
3 bedrooms$1,380
4 bedrooms$1,420
17%
of households rent · MN 28%
15
renter households
$863
median rent paid today · Census

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

The homes

83% of Louriston households own their home

Half of Louriston’s homes were built before 1962.

Owners and renters
Own 83%Rent 17%

Minnesota: 72% own.

1962
typical home built · MN 1979
$1,868
median property tax bill · MN $3,357
2%
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.

Next door

Louriston vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Louriston$316K*—$1,020$95,000
Grace—+2.3%†$970$90,893

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 Louriston buyers, sellers and renters are saying.

Town Square →
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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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