Housing in Tower, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$331,586
Tower vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Tower is highlighted.
Median Home Value
27th%ilemost expensive$113,600show rank
Median Rent
5th%ilemost expensive rent$565show rank
Rent Burden
6th%ilehighest rent burden11.3%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$113,600
Median Rent
$565
Total Housing Units
260
Vacancy Rate
29.6%
Owner Occupied
82.0%
Renter Occupied
18.0%
Median Property Tax
$1,586
per year
Monthly Cost (w/ Mortgage)
$824
Housing Types
Single Family77.3%
Multi-Family18.1%
Mobile Home4.6%
The median home value in Tower, MN is $113,600. According to Zillow, the home value index for Tower is $331,586. The median rent is $565 per month (Census ACS). About 82.0% of housing units are owner-occupied. The median year homes were built is 1959. There are 260 total housing units.