Housing in Morgan, MN

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$120,239

Morgan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Morgan is highlighted.

Median Home Value

23rd%ilemost expensive$105,900show rank

Median Rent

55th%ilemost expensive rent$996show rank

Rent Burden

62nd%ilehighest rent burden20.3%show rank

Census Housing Data

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

Median Home Value

$105,900

Median Rent

$996

Total Housing Units

374

Vacancy Rate

9.9%

Owner Occupied

77.5%

Renter Occupied

22.6%

Median Property Tax

$1,118

per year

Monthly Cost (w/ Mortgage)

$913

Housing Types

Single Family

80.2%

Multi-Family

15.8%

Mobile Home

4.0%

The median home value in Morgan, MN is $105,900. According to Zillow, the home value index for Morgan is $120,239. The median rent is $996 per month (Census ACS). About 77.5% of housing units are owner-occupied. The median year homes were built is 1958. There are 374 total housing units.