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Housing in Warsaw

A typical Warsaw home is worth roughly $447,000

Typical home value
$447K
MN $351K
Estimate
2-bedroom rent
$1,620
a month, utilities in · HUD
Median tax bill
$3,438
MN $3,357

What kind of housing town is Warsaw?

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

★ What stands out · 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
$547,000
Typical Warsaw home $447K

That covers a typical Warsaw home, with $100K to spare.

The typical home, each month
$2,630
Loan $2,210Tax $290Insurance $130

A two-bedroom rents for about $1,620 a month here, $1,010 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Warsaw’s typical property tax (0.77% 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 $1,620

Renters already here pay a median of $1,288, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,140
1 bedroom$1,320
2 bedrooms$1,620
3 bedrooms$2,220
4 bedrooms$2,670
13%
of households rent · MN 28%
22
renter households
$1,288
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Minneapolis-St. Paul-Bloomington, MN-WI 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.

The homes

87% of Warsaw households own their home

Half of Warsaw’s homes were built before 1975.

Owners and renters
Own 87%Rent 13%

Minnesota: 72% own.

1975
typical home built · MN 1979
$3,438
median property tax bill · MN $3,357
0.77%
of a home’s value, a year in tax · MN 1.02%
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

Warsaw vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Warsaw$447K*—$1,620$137,500
Dennison$425K+2.3%$1,640$55,000
Stanton$413K*−0.2%†$1,570$129,539
Holden—+4.8%†$1,380$108,750
Leon$459K*−0.1%†$1,530$100,833
Northfield$393K+2.1%$1,550$104,286

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 Warsaw buyers, sellers and renters are saying.

Town Square →
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Is Warsaw 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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