Tower, MN Housing Statistics

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41%

Med. Home Val. NAT. AVG.

47%

Rent NAT. AVG.

22%

Owner Occ. NAT. AVG.

Tower Housing Information

Index	Tower	Minnesota	National
Median home price	$191,162	$339,061	$326,622
Median rent asked	$770	$1,332	$1,444
Avg. people per household	1.7	2.4	2.6
Owner occupied households	77.9%	71.4%	63.6%
Renter occupied households	22.1%	28.6%	36.4%

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Homes For Sale In Tower, MN

95175 Trapper Shack Bay

Tower, MN

4452 Moccasin Point Rd

Tower, MN

4281 End of Trail Ln

Tower, MN

TBD Parcel Y Frazer Bay Rd

Greenwood Township, MN

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Housing Quick Facts

The median home price in Tower is 41% lower than the national average.
The median rent asked in Tower is 47% lower than the national average.
The average number of people per household in Tower is 36% lower than the national average.
The number of owner occupied households in Tower is 22% higher than the national average.
The number of renter occupied households in Tower is 39% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Soudan, MN	481	$127,992	61%
Tower, MN	475	$191,162	41%

Cities with similar population

	Population	Home Price	National Avg.
Fairview Beach, VA	475	$616,955	89%
Almena, KS	475	$115,699	65%
Bear Creek, TX	475	$857,495	163%
Murray, NE	475	$244,601	25%
Loch Lynn Heights, MD	475	$170,480	48%
Tower, MN	475	$191,162	41%

Source: The Tower, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.