Housing in Maywood

A typical Maywood home is worth roughly $351,000

Typical home value

$351K

MN $351K

Estimate

2-bedroom rent

$1,340

a month, utilities in · HUD

Median tax bill

$2,469

MN $3,357

What kind of housing town is Maywood?

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

A town of owners97% of households own their home.

★ What stands out · The homes

97% of Maywood households own their home

Half of Maywood’s homes were built before 1972.

Owners and renters

Own 97%Rent 3%

Minnesota: 72% own.

1972

typical home built · MN 1979

$2,469

median property tax bill · MN $3,357

0.70%

of a home’s value, a year in tax · MN 1.02%

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 3.2 years of income

Less than across Minnesota (3.9 years). Try your own numbers below.

You could afford about

$440,000

Typical Maywood home $351K

That covers a typical Maywood home, with $90K to spare.

The typical home, each month

$2,040

Loan $1,740Tax $210Insurance $100

A two-bedroom rents for about $1,340 a month here, $700 less than owning.

Where your budget reaches nearby

Milo$281K Gilmanton$399K Glendorado$320K Granite Ledge$303K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Maywood’s typical property tax (0.70% 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 $1,340

Fair Market Rent a month, utilities included

Studio$980

1 bedroom$1,050

2 bedrooms$1,340

3 bedrooms$1,730

4 bedrooms$2,100

of households rent · MN 28%

renter households

100%

of renters spend 30%+ of income on rent · MN 48%

15%

of the median income, for a two-bedroom

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

Next door

Maywood vs. its neighbors

Maywood is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Gilmanton$399K Maywood$351K Glendorado$320K Granite Ledge$303K Milo$281K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Maywood	$351K*	—	$1,340	$110,000
Milo	$281K*	+1.3%†	$1,390	$84,000
Gilmanton	$399K*	+6.1%†	$1,520	$118,750
Glendorado	$320K*	+5.7%†	$1,510	$90,750
Granite Ledge	$303K*	+0.4%†	$1,380	$115,938

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 Maywood buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Maywood 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. 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.