Redwood Falls at a Glance
Population
5,091
Median Home Value
$156,300
Nat'l avg: $281,900
Median Rent
$833
Nat'l avg: $1,163
Median Income
$64,214
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Redwood Falls
Dive deeper into Redwood Falls with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Redwood Falls ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Redwood Falls
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Redwood Falls
Young Professionals
Best neighborhoods for career starters in Redwood Falls
Retiree Neighborhoods
Best neighborhoods for retirees in Redwood Falls
Living In Guide
Complete guide to life in Redwood Falls — cost, safety, schools & more
All Neighborhoods
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About Redwood Falls
Redwood Falls, Minnesota, offers a refreshing alternative to the soaring costs of living that plague much of the nation. It's a place where the concept of "affordable" still rings true, with a median home value of just $156,300, a far cry from the US median. This affordability, coupled with a tight-knit community of just over 5,000 residents, creates a relaxed, neighborly atmosphere. Life here moves at a different pace, where the biggest decision of the day might be which local cafe to visit or which scenic trail to explore. This is a place where you can truly put down roots and enjoy the simple pleasures of life without breaking the bank. From an investment perspective, Redwood Falls presents a compelling opportunity. The median household income of $64,214 is a solid foundation for a stable local economy. With its low cost of entry, the real estate market is accessible to a wide range of buyers, making it an excellent choice for first-time homebuyers or those seeking a more manageable lifestyle. Families and individuals seeking a safe, friendly environment will find Redwood Falls particularly appealing. It's a community where the focus is on quality of life and building lasting connections.