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Welcome, MN Home Values and Rents

The typical home value in Welcome is $221,854. Median rent is $882 a month.

Typical home value
$221,854
Zillow
Median rent
$882/mo
ACS 2020-2024
Price change, 1 year
+7.6%
Sep 2026
Homeownership
76.9%
MN: 72.2%

Typical home value in Welcome

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodWelcome
Sep 2026$221,854
Dec 2025$215,000
Dec 2024$187,493
Dec 2023$182,306
Dec 2022$169,456
Dec 2021$157,224
Dec 2020$135,433
Dec 2019$124,924
Dec 2018$122,674
Dec 2017$111,612
Dec 2016$108,477
Dec 2015$106,017
Dec 2014$100,196
Dec 2013$95,365
Dec 2012$89,826

Over five years, Welcome prices changed +46.3%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Martin County, MN

MN rents
Unit sizeMonthly rentvs FY2026
Studio$706+5.2%
1 bedroom$844+5.1%
2 bedrooms$1,014+4.2%
3 bedrooms$1,328+3.5%
4 bedrooms$1,333+3.5%

Frequently asked questions

What is the typical home value in Welcome, MN?
The typical home value in Welcome is $221,854 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
How much is rent in Welcome?
The median rent in Welcome is $882 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Welcome?
The typical home value in Welcome changed +7.6% over one year and +46.3% over five years, as of Sep 2026.