Housing in Alvarado, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$169,571
Alvarado vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Alvarado is highlighted.
Median Home Value
35th%ilemost expensive$132,700show rank
Median Rent
71st%ilemost expensive rent$1,208show rank
Rent Burden
64th%ilehighest rent burden20.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$132,700
Median Rent
$1,208
Total Housing Units
143
Vacancy Rate
18.9%
Owner Occupied
75.9%
Renter Occupied
24.1%
Median Property Tax
$1,466
per year
Monthly Cost (w/ Mortgage)
$1,000
Housing Types
Single Family63.6%
Multi-Family13.3%
Mobile Home23.1%
The median home value in Alvarado, MN is $132,700. According to Zillow, the home value index for Alvarado is $169,571. The median rent is $1,208 per month (Census ACS). About 75.9% of housing units are owner-occupied. The median year homes were built is 1973. There are 143 total housing units.