Cottonwood, MN Real Estate

According to census data in the year 2000 there were 482 housing units in Cottonwood. This represents a 15.9% growth from 416 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.

Homeownership rate in Cottonwood is about 75%. Cottonwood's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Cottonwood were built after 1964.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10.40%
Two Bedrooms24.90%
Three Bedrooms43.60%
Four Bedrooms19.10%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1958
Median Value of occupied units$79,600
Median Price asked for vacant units$67,500

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1973
Median Monthly Rent asked for vacant units$229

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan4.80%
Simple Mortgage54.10%
Debt Free36.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%