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Housing in Mansfield

A typical Mansfield home is worth roughly $166,000

Typical home value
$166K
MN $351K
Estimate
2-bedroom rent
$1,030
a month, utilities in · HUD
Median tax bill
$1,875
MN $3,357

What kind of housing town is Mansfield?

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

★ What stands out · Affordability

What it takes to buy in Mansfield

Try your own numbers below.

You could afford about
$341,000
Typical Mansfield home $166K

That covers a typical Mansfield home, with $175K to spare.

The typical home, each month
$1,010
Loan $820Tax $140Insurance $50

A two-bedroom rents for about $1,030 a month here, $20 more than owning.

Where your budget reaches nearby

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

95% of Mansfield households own their home

Half of Mansfield’s homes were built before 1938.

Owners and renters
Own 95%Rent 5%

Minnesota: 72% own.

1938
typical home built · MN 1979
$1,875
median property tax bill · MN $3,357

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

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$790
2 bedrooms$1,030
3 bedrooms$1,360
4 bedrooms$1,510
5%
of households rent · MN 28%
2
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Freeborn 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

Mansfield vs. its neighbors

Mansfield is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Mansfield$166K*—$1,030$90,156
Alden$161K+9.3%$1,180$74,286
Kiester$105K+3.2%$1,300$67,500

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 Mansfield buyers, sellers and renters are saying.

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

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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. 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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