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Advertise here →Montevideo, MN · Houses & Market Data
Montevideo, Minnesota houses and real estate market data.
Houses in Montevideo, MN (Chippewa County) — Census median home value $137,600, county listing prices up about 11.4% over the past year. Market data for Montevideo houses and the broader area.
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Montevideo, MN is in Chippewa County, Minnesota — this guide covers houses in Montevideo and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,303, with a median household income of $65,724. Census data puts the median value of houses in Montevideo at $137,600.
Info from government sites and builders may have provided source info.
Market overview
Montevideo housing market
Montevideo is in Chippewa County, Minnesota. Manifest Census and county price-trend data provide baseline context for houses in Montevideo and the surrounding county market.
Median home value (Census ACS)
$137,600
Population (Census ACS)
5,303
Median household income
$65,724
County price trend (2025)
11.38% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Montevideo market snapshot
Population
5,303
County
Chippewa County
Median Household Income
$65,724
Median Home Value (city)
$137,600
Median Gross Rent
$832/mo
Price Trend (YoY)
+11.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Montevideo different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Montevideo's median home value — across all owner-occupied homes, not just recent sales — at $137,600.
County Price Trend
Chippewa County's FHFA house price index shows a 11.38% annual change in 2025.
Population & Income
Montevideo has an estimated population of 5,303 and a median household income of $65,724, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Montevideo's Census-reported median home value works out to about 2.1x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Montevideo
County guide: Chippewa County — cities, market context, and local resources for the county that includes Montevideo.
USAHouses.com also helps visitors looking in nearby Chippewa County and other Minnesota communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Watson, Maynard, Granite Falls, Milan, Clara City, Raymond.
Watson market data
Nearby city · ~5.8 mi
Maynard market data
Nearby city · ~12.5 mi
Granite Falls market data
Nearby city · ~13.0 mi
Milan market data
Nearby city · ~14.8 mi
Clara City market data
Nearby city · ~17.0 mi
Raymond market data
Nearby city · ~23.9 mi
More Minnesota cities with market guides: Rochester, Bloomington, Duluth, Brooklyn Park, Plymouth, Woodbury, Lakeville, Blaine.
Rochester market data
Same-state city guide
Bloomington market data
Same-state city guide
Duluth market data
Same-state city guide
Brooklyn Park market data
Same-state city guide
Plymouth market data
Same-state city guide
Woodbury market data
Same-state city guide
Lakeville market data
Same-state city guide
Blaine market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Boyd (~11.4 mi), Clarkfield (~11.9 mi), Hazel Run (~13.9 mi), Dawson (~16.4 mi), Hanley Falls (~18.5 mi), Holloway (~22.3 mi), Wood Lake (~22.4 mi), Appleton (~22.8 mi), Danvers (~23.0 mi), St. Leo (~23.1 mi), Madison (~23.6 mi), Murdock (~24.5 mi), De Graff (~24.6 mi), Kerkhoven (~25.6 mi), Benson (~25.8 mi), Prinsburg (~25.9 mi).
New construction: New homes near Montevideo (Minneapolis St Paul) · Minnesota new construction.
Census & home facts
Montevideo data from published sources
Population (ACS 2023)
5,303
Median home value (ACS 2023)
$137,600
Median household income (ACS 2023)
$65,724
Median gross rent (ACS 2023)
$832
County FHFA annual change (2025)
11.38%
Census place type
city
County
Chippewa County
Land area (Census Gazetteer 2024)
4.71 sq mi
Census GEOID
2743720
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Montevideo
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Triplett Farms ↗
LGI Homes · Montrose, Minnesota · ~80.0 mi · from $354,900
Preserve of Montrose ↗
JP Brooks Builders · Montrose, Minnesota · ~83.7 mi
Carrigan Meadows ↗
JP Brooks Builders · Waverly, Minnesota · ~85.8 mi
Northridge ↗
LGI Homes · Montrose, Minnesota · ~88.1 mi · from $359,900
Parkside ↗
LGI Homes · Clear Lake, Minnesota · ~90.1 mi · from $274,900
Local life
Life in Montevideo
Schools
MONTEVIDEO PUBLIC SCHOOL DISTRICT — 5 schools, 1,383 students enrolled, per the U.S. Department of Education's Common Core of Data. Chippewa addresses may be served by MONTEVIDEO PUBLIC SCHOOL DISTRICT, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Montevideo FAQ
What are houses worth in Montevideo, MN?
The Census Bureau's American Community Survey puts the median value of houses in Montevideo at $137,600.
How much do houses cost in Montevideo, MN?
For owner-occupied houses in Montevideo, Census ACS data shows a median value of $137,600. Active listing prices in Chippewa County may differ — see the market snapshot above.
What types of houses are in Montevideo, MN?
Montevideo houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Chippewa County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Montevideo, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Montevideo's population at approximately 5,303.
What's the median rent in Montevideo, MN?
The Census ACS estimates median gross rent in Montevideo at approximately $832 per month.
What is the median household income in Montevideo, MN?
Census ACS data puts the median household income in Montevideo at approximately $65,724.
Is the Montevideo housing market growing?
Chippewa County's FHFA house price index shows a 11.38% annual change in 2025.
Is Montevideo, MN affordable relative to income?
Census ACS data puts Montevideo's median home value at about 2.1 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Montevideo, MN?
Manifest and public school-directory data suggest MONTEVIDEO PUBLIC SCHOOL DISTRICT for many Montevideo addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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