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Nisswa

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

Median Home$472,308
Median Rent$912/month
Population1,964
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth+9.4% over 2 years
Retirees31% of residentswell above average
Homeowners95% of occupied units
NotableHighly Educated31% bachelor's · 12% graduate · top 7% nationally
NotableAmenity Score69/100 · highly walkable area
Nisswa
MN

Frequently Asked Questions

What are today's mortgage rates in Nisswa?

As of today, the 30-year fixed mortgage rate for Nisswa is approximately 6.856% (6.891% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Nisswa?

The median home value in Nisswa is $472k. The median monthly rent is $912. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nisswa?

Home values in Nisswa have increased 9.4% over the past two years. This represents moderate growth. 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 Nisswa?

Based on a typical all-in ownership cost of $1,228/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nisswa is $96k/year.

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What industries drive the economy in Nisswa?

The largest employment sectors in Nisswa are public administration (18%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.