Housing in Hibbing, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$149,321

Hibbing vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Hibbing is highlighted.

Median Home Value

32nd%ilemost expensive$123,900show rank

Median Rent

22nd%ilemost expensive rent$739show rank

Rent Burden

31st%ilehighest rent burden16.0%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$123,900

Median Rent

$739

Total Housing Units

8,457

Vacancy Rate

9.7%

Owner Occupied

74.4%

Renter Occupied

25.6%

Median Property Tax

$1,111

per year

Monthly Cost (w/ Mortgage)

$737

Housing Types

Single Family

77.2%

Multi-Family

20.2%

Mobile Home

2.6%

The median home value in Hibbing, MN is $123,900. According to Zillow, the home value index for Hibbing is $149,321. The median rent is $739 per month (Census ACS). About 74.4% of housing units are owner-occupied. The median year homes were built is 1955. There are 8,457 total housing units.