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Chisholm

Learn about the people, housing, costs and businesses in Chisholm, Minnesota

Median Home$109,200
Median Rent$732/month
Population4,712
Leading IndustriesTransportation · Manufacturing11% transportation
Home Value Growth⬆⬆⬆+49.7% over 2 years
Retirees28% of residentswell above average
Homeowners72% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAffordable Market$109k median home · lower cost than 89% of the country
Chisholm
MN

Frequently Asked Questions

What are today's mortgage rates in Chisholm?

As of today, the 30-year fixed mortgage rate for Chisholm is approximately 7.347% (7.399% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Chisholm
What is the median home price in Chisholm?

The median home value in Chisholm is $109k. The median monthly rent is $732. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chisholm?

Home values in Chisholm have increased 49.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chisholm?

Based on a typical all-in ownership cost of $684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chisholm is $51k/year.

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What industries drive the economy in Chisholm?

The largest employment sectors in Chisholm are public administration (22%) and transportation (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.