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City · 11,295 residents · Carver County, Minnesota

Victoria , Minnesota

In Victoria, a typical home is worth $581,200 and typical rent is $2,235 a month. Compared with all of Carver County, typical household income is 55% higher, typical rent is 48% higher, and the share of households that own their home is 12 points higher.

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  • Typical home value

    $581,200

    28% above the county

    76% above Minnesota

    • Victoria
    • Carver
    • Minnesota

  • Typical rent

    $2,235a month

    48% above the county

    75% above Minnesota

    • Victoria
    • Carver
    • Minnesota

  • Typical household income

    $195,639a year

    55% above the county

    120% above Minnesota

    • Victoria
    • Carver
    • Minnesota

  • Households that own their home

    94%

    12 points above the county

    21 points above Minnesota

    • Victoria
    • Carver
    • Minnesota

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$621,964
3.6% more than 12 months ago
Typical rent
$2,346 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Victoria is in Carver County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Carver County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Victoria apart

What this place has that others do not, from public data, most unusual first.

  1. Victoria has the 3rd highest typical household income of the 152 cities in Minnesota with more than 5,000 people ($195,639).

  2. Victoria has the 3rd highest typical rent of the 148 cities in Minnesota with more than 5,000 people ($2,235).

  3. Nearby, in Mound, the typical rent is $1,098: 51% less than in Victoria ($2,235).

  4. Nearby, in Mound, the typical home value is $370,800: 36% less than in Victoria ($581,200).

  5. Victoria has the 8th highest homeownership rate of the 152 cities in Minnesota with more than 5,000 people (94%).

  6. The typical home in Victoria is worth $581,200, 28% more than in Carver County as a whole ($453,600).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Victoria

What homes there are in Victoria, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Victoria, 8 in 10 homes are single-family detached houses; in Carver County, 7.

Year built

The typical home in Victoria was built in 2006, 10 years after the typical one in Carver County.

There is more room for a big family here: 91% of homes have 3 bedrooms or more, against 77% in Carver County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,937 a month

Carver County: $2,504 a month

Without a mortgage

$944 a month

Carver County: $841 a month

Owners with a mortgage

69%

Carver County: 71%

Owning costs more in Victoria: with a mortgage, the typical cost is $2,937 a month; in Carver County, $2,504. Without one, $944.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Victoria rose 36% since 2015–2019, less than in Carver County (45%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureVictoriaCarver CountyMinnesotaUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.6%0.9%
More than one person per room Unreliable estimate1.1%2.3%3.4%
People per household 2.772.652.432.53
Drive alone 55%68%69%69%
Carpool 4%6%8%9%
Public transit Unreliable estimate1%2%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 33%24%18%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Carver County, a household in Victoria has 2.77 people on average.

Many people here do not commute at all: 33% work from home; in Carver County, 24%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Victoria?

A typical home is tight for the typical income

We start with a typical home in Victoria, worth $581,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Victoria, which is $195,639 a year. For that payment to be 28% of income, a household would need to earn about $207,628 a year. Note: at that price the loan is above the FHA limit for Carver County ($552,000), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Carver County.

Your numbers

Local data
$

Starts at the typical home value in Victoria. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $20,342 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,845

at 7.18% · 30 years

Loan amount
$570,673
Total interest
$821,065
Paid off in
November 2056

Includes $9,815 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $4,565 a month

  • Tight

    $4,565 to $5,869 a month

    Your payment · 30%

  • Hard

    more than $5,869 a month

Compared with the typical household income in Victoria ($195,639 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,845
Principal & interest$3,866
Property tax$480
Home insurance$242
FHA mortgage insurance (MIP)$257

This loan is over the FHA limit

You'd borrow $560,858, but the FHA limit for a one-unit home in Victoria is $552,000. You'd need a bigger down payment or a different loan.

You need at least $20,342 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Victoria and Carver County

Victoria is in Carver County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Victoria's own numbers

Typical home value
$581,200
Typical monthly rent
$2,235
Typical yearly household income
$195,639
Households that own their home
94%
Effective property tax rate
0.99%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Carver County

FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Carver County.

Everything about Carver County

Buying

Buying a home in Victoria

A typical home in Victoria is worth $581,200: 28% above the county and 76% above Minnesota. With the typical household income in Victoria ($195,639 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Victoria 3.0 years
  • Carver 3.6 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Carver County

According to FHFA’s house price index, home prices in Carver County rose 66% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Carver County.

Period County Minnesota U.S.
Last year (2025) +3.8% +2.8% +2.9%
5 years (2020–2025) +36% +37% +47%
10 years (2015–2025) +66% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Victoria next to Carver County, Minnesota and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Victoria $581,200
  • Carver $453,600
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Victoria $2,235
  • Carver $1,514
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Victoria $195,639
  • Carver $125,946
  • Minnesota $89,062
  • United States $80,734
See the full table
Victoria next to Carver County and Minnesota
Measure Victoria Carver County Minnesota U.S.
Typical home value $581,200 $453,600 $329,300 $332,700
Typical monthly rent $2,235 $1,514 $1,280 $1,413
Typical yearly household income $195,639 $125,946 $89,062 $80,734
Households that own their home 94% 81% 72% 65%
Typical yearly property tax $5,776 $4,501 $3,357 $3,119
Effective property tax rate 0.99% 0.99% 1.02% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Carver County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Victoria

For a typical $581,200 home in Victoria, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Victoria's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,845a month

    Above the FHA limit for Carver County ($552,000)
    Down payment
    $20,342
    Cash to close
    $37,778
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $257

  • Conventional, 5% down $4,738a month

    Least cash to close
    Down payment
    $29,060
    Cash to close
    $46,496
    Rate
    7.18%
    Mortgage insurance
    PMI · $276

  • Conventional, 20% down, no PMI $3,871a month

    Down payment
    $116,240
    Cash to close
    $133,676
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,409a month

    Down payment
    $87,180
    Cash to close
    $104,616
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Victoria and for Carver County.

Property tax

Effective rate in Victoria

0.99%of the home’s value each year

$5,776 a year for the typical owner in Victoria.

  • Victoria 0.99%
  • Carver 0.99%
  • Minnesota 1.02%

What Minnesota publishes Homestead market value exclusion (Minnesota Office of the Revisor of Statutes (Minnesota Statutes))

Exemptions and deadlines in Minnesota

Flood risk in Carver County

FEMA does not publish these numbers by city: they are for all of Carver County.

Homes in the high-risk zone
0.3%
124
Of those, with NFIP insurance
21%
County Minnesota U.S.
Homes in the high-risk zone 0.3% 0.7% 3.5%
Of those, with NFIP insurance 21% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Victoria

Typical rent in Victoria is $2,235 a month: 48% above the county.

HUD publishes a fair market rent for all of Carver County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of Carver County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,265 $24.33 $50,600
1 bedroom $1,427 $27.44 $57,080
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,264 $43.54 $90,560
4 bedrooms $2,538 $48.81 $101,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Victoria

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Victoria has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,540 in 55331 to $2,600 in 55386.

1 of the 2 is above the fair market rent for Carver County ($1,734).

  • 55331 $1,540$2,040
  • 55386 $2,600$3,390

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Victoria when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Victoria

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Carver County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Victoria

No down payment, repair or rent-help program on our list is for Victoria or Carver County. The ones below are statewide in Minnesota: they work in Victoria the same as in the rest of the state.

Which programs do I qualify for? All programs in Minnesota

  • Deferred Payment Loan (Start Up)

    Statewide in Minnesota

    Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Deferred

    See the program Official page

  • Monthly Payment Loan

    Statewide in Minnesota

    Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Repayable

    See the program Official page

Housing counselors near Victoria

The HUD-approved agencies closest to the center of Victoria, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Scott County Community Development Agency

    100 5th Ave E, Shakopee · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (952) 402-9022

  • Build Wealth Minnesota, Inc

    2121 Plymouth Ave N, Minneapolis · 20 miles away · Spanish

    Also serves in Cambodian and French.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (612) 877-4182

  • Community Action Partnership of Hennepin County

    7101 Northland Cir N, Brooklyn Park · 20 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (952) 697-1303

All counseling agencies in Minnesota

Help in Spanish near Victoria

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Victoria

HUD’s record names them for Victoria or Carver County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Minnesota Source: HUD

Cities

Other cities in Carver County

These cities are also in Carver County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Carver County Housing in Minnesota

Nearby cities

The cities closest to Victoria, with the typical home value.

Neighboring counties

If Carver County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Victoria.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Victoria

Short answers with the numbers for Victoria and all of Carver County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Victoria?

The typical home value in Victoria is $581,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Carver County it is $453,600.

How much does it cost to rent in Victoria?

Typical rent in Victoria is $2,235 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Carver County is $1,734.

What is the FHA loan limit in Victoria?

Victoria uses the FHA limit for all of Carver County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.

How much property tax do owners pay in Victoria?

The typical homeowner in Victoria pays $5,776 a year, according to the U.S. Census Bureau. That is 0.99% of the home’s value; in Carver County, the rate is 0.99%.

Where can I find free help to buy or rent in Victoria?

We found no HUD-approved counseling agencies with an office in Carver County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).