City · 26,009 residents · Winona County, Minnesota
Winona, Minnesota
In Winona, a typical home is worth $201,800 and typical rent is $882 a month. Compared with all of Winona County, typical household income is 20% lower, the typical home value is 14% lower, and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $201,874 to $262,043.
Typical rent
$1,065a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Winona is in Winona County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Winona County. See the county
What this place has that others do not, from public data, most unusual first.
1
Winona has the 9th lowest typical household income of the 152 cities in Minnesota with more than 5,000 people ($56,337).
2
58% of households in Winona own their home, against 69% in Winona County.
3
Winona has the 14th lowest typical rent of the 148 cities in Minnesota with more than 5,000 people ($882).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Winona
What homes there are in Winona, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Winona
Winona County
Minnesota
United States
Kind of home: Winona and its comparisons
Measure
Winona
Winona County
Minnesota
United States
Detached house
55%
66%
66%
61%
Attached house
5%
4%
7%
6%
Building of 2 to 4
15%
10%
4%
8%
Apartments (5 or more)
25%
16%
19%
19%
Mobile home
Unreliable estimate
4%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Winona (55%), but less so than in Winona County (66%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Winona
Winona County
Minnesota
United States
Year built: Winona and its comparisons
Measure
Winona
Winona County
Minnesota
United States
Before 1960
53%
42%
29%
26%
1960–1979
21%
22%
23%
24%
1980–1999
14%
20%
24%
25%
2000–2009
5%
10%
13%
14%
2010 or later
6%
6%
10%
11%
The typical home in Winona was built in 1955, 14 years before the typical one in Winona County.
There are fewer big homes in Winona than in Winona County: 47% have 3 bedrooms or more, against 59%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K9%
$100K–$200K40%
$200K–$300K34%
$300K–$500K13%
$500K–$750K2%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Winona and its comparisons
Measure
Winona
Under $100K
9%
$100K–$200K
40%
$200K–$300K
34%
$300K–$500K
13%
$500K–$750K
2%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
About 97% of owner-occupied homes in Winona are worth less than the FHA loan limit for Winona County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50012%
$500–$99949%
$1,000–$1,49930%
HUD fair market rent, 2 bedrooms: $1,118
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Winona and its comparisons
Measure
Winona
Under $500
12%
$500–$999
49%
$1,000–$1,499
30%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Winona County is $1,118; about 69% of rents in Winona are below it.
With a mortgage
$1,357 a month
Winona County: $1,543 a month
Without a mortgage
$542 a month
Winona County: $572 a month
Owners with a mortgage
63%
Winona County: 60%
In Winona, 63% of owners have a mortgage, and their typical cost is $1,357 a month, against $1,543 in Winona County. Without one it drops to $542.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Winona+36%
Winona County+41%
Minnesota+47%
United States+53%
Typical rent
Winona+31%
Winona County+30%
Minnesota+31%
United States+33%
Typical household income
Winona+16%
Winona County+19%
Minnesota+25%
United States+29%
Change since 2015–2019: Winona and its comparisons
Measure
Winona
Winona County
Minnesota
United States
Typical home value
+36%
+41%
+47%
+53%
Typical rent
+31%
+30%
+31%
+33%
Typical household income
+16%
+19%
+25%
+29%
Homes in Winona gained value more slowly than in Winona County: 36% since 2015–2019, against 41%.
Much as in Winona County, the typical rent in Winona rose 31% since 2015–2019.
The typical household income in Winona rose 16%: less than home values (+36%) and rent (+31%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Winona and its comparisons
Measure
Winona
Winona County
Minnesota
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.3%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.6%
0.9%
More than one person per room
Unreliable estimate
1.6%
2.3%
3.4%
People per household
2.13
2.30
2.43
2.53
Drive alone
75%
76%
69%
69%
Carpool
5%
6%
8%
9%
Public transit
Unreliable estimate
1%
2%
3%
Walk or bike
9%
6%
3%
3%
Work from home
9%
10%
18%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.13 on average, against 2.30 in Winona County.
To get to work, 75% of workers in Winona drive alone; in Winona County, 76%.
Do the math
What would you pay each month for a home in Winona?
A typical home is tight for the typical income
We start with a typical home in Winona, worth $201,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Winona, which is $56,337 a year. For that payment to be 28% of income, a household would need to earn about $71,731 a year.
The calculator's FHA and conventional loan limits are those of all of Winona County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Winona. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,063 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,674
at 7.18% · 30 years
Loan amount
$198,145
Total interest
$285,084
Paid off in
November 2056
Includes $3,408 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,315 a month
Tight
$1,315 to $1,690 a month
Your payment · 36%
Hard
more than $1,690 a month
Compared with the typical household income in Winona ($56,337 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,342
Property tax
$158
Home insurance
$84
FHA mortgage insurance (MIP)
$89
You need at least $7,063 for the down payment, plus closing costs.
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.
Total monthly payment $1,674; principal and interest $1,342.
The city and its county
Winona and Winona County
Winona is in Winona 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).
Winona
Map of Winona County, Minnesota, with Winona marked. Around it, the neighboring counties.
Winona
Winona County
Other cities with a page
Winona's own numbers
Typical home value
$201,800
Typical monthly rent
$882
Typical yearly household income
$56,337
Households that own their home
58%
Effective property tax rate
0.94%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Winona County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,118
Price change over 5 years (FHFA)
+45%
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 Winona County.
A typical home in Winona is worth $201,800: 14% below the county and 39% below Minnesota. With the typical household income in Winona ($56,337 a year), a typical home costs 3.6 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.
Winona3.6 years
County3.3 years
Minnesota3.7 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Winona County
According to FHFA’s house price index, home prices in Winona County rose 72% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Winona County.
Yearly change in FHFA’s price index in Winona County, 2016 to 2025
2016: +3.1% +3.1% 2016
2017: +4.7% +4.7% 2017
2018: +4.2% +4.2% 2018
2019: +3.7% +3.7% 2019
2020: +1.7% +1.7% 2020
2021: +9.7% +9.7% 2021
2022: +10.7% +10.7% 2022
2023: +9.7% +9.7% 2023
2024: +5.8% +5.8% 2024
2025: +2.9% +2.9% 2025
Change in FHFA’s price index in Winona County, Minnesota and the United States
Period
County
Minnesota
U.S.
Last year (2025)
+2.9%
+2.8%
+2.9%
5 years (2020–2025)
+45%
+37%
+47%
10 years (2015–2025)
+72%
+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
Winona next to Winona 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
Winona$201,800
County$235,400
Minnesota$329,300
United States$332,700
Typical monthly rent
Winona$882
County$907
Minnesota$1,280
United States$1,413
Typical yearly household income
Winona$56,337
County$70,744
Minnesota$89,062
United States$80,734
See the full table
Winona next to Winona County and Minnesota
Measure
Winona
Winona County
Minnesota
U.S.
Typical home value
$201,800 ▼14% below the county
$235,400
$329,300
$332,700
Typical monthly rent
$882 ▼3% below the county
$907
$1,280
$1,413
Typical yearly household income
$56,337 ▼20% below the county
$70,744
$89,062
$80,734
Households that own their home
58% ▼12 points below the county
69%
72%
65%
Typical yearly property tax
$1,891 ▼13% below the county
$2,180
$3,357
$3,119
Effective property tax rate
0.94% ▲0.01 points above the county
0.93%
1.02%
0.94%
Renters with high rent for their income
57% ▲6 points above the county
51%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Winona 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 Winona
For a typical $201,800 home in Winona, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Winona's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,674a month
Least cash to close
Down payment
$7,063
Cash to close
$13,117
Rate
7.18%
Mortgage insurance
FHA MIP · $89
Conventional, 5% down$1,637a month
Down payment
$10,090
Cash to close
$16,144
Rate
7.18%
Mortgage insurance
PMI · $96
Conventional, 20% down, no PMI$1,336a month
Down payment
$40,360
Cash to close
$46,414
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,522a month
Down payment
$30,270
Cash to close
$36,324
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Winona
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,674
$7,063
$198,145
7.18%
FHA MIP · $89
$13,117
580
Conventional, 5% down
$1,637
$10,090
$191,710
7.18%
PMI · $96
$16,144
620*
Conventional, 20% down, no PMI
$1,336
$40,360
$161,440
7.18%
None
$46,414
620*
ITIN, 15% down (example)
$1,522
$30,270
$171,530
8.18%
None
$36,324
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% 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.
Typical rent in Winona is $882 a month: 3% below the county. In Winona, 57% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Winona County, by unit size. To pay the 2-bedroom one ($1,118 a month) without spending more than 30% of your income, you would need to earn $21.50 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Winona County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$788
$15.15
$31,520
1 bedroom
$890
$17.12
$35,600
2 bedrooms
$1,118
$21.50
$44,720
3 bedrooms
$1,352
$26.00
$54,080
4 bedrooms
$1,625
$31.25
$65,000
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 Winona
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Winona is in ZIP code 55987.
For 2 bedrooms it is $1,110: $8 less than the fair market rent for Winona County ($1,118).
Fair market rent by ZIP code and size in Winona, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
55987
$780
$880
$1,110
$1,340
$1,610
ZIP code2 bd3 bd
55987 $1,110$1,340
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Winona 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 9 buildings with rents for lower incomes in Winona. These are the largest.
Maplewood Townhomes165 E 4th St, Winona 55987217 low-income homes · Run by HRA of WINONA, MINNESOTA · Average payment: $405 a month · Average wait: 9 months(507) 454-3665
Winhaven Apartments104 Main St, Winona 55987118 low-income homes · 1 bd: 118 · In service since 2016 · For older adults(507) 452-1521
Morningside Terrace / Bluff View Flats1116 Sugar Loaf Rd, Winona 5598754 low-income homes · 1 bd: 39 · 2 bd: 15 · In service since 2016 · For families(507) 454-1950
Winona Arms150 Pleasant Hill Dr, Winona 5598749 low-income homes · For older adults(507) 452-1383
Pleasant Valley ApartmentsMultiple Building Addresses, Winona 5598746 low-income homes · In service since 1995
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 Winona County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Winona or Winona County. The ones below are statewide in Minnesota: they work in Winona the same as in the rest of the state.
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).
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).
No legal help resource on our list is for Winona or Winona County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Winona and all of Winona 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 Winona?
The typical home value in Winona is $201,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Winona County it is $235,400.
How much does it cost to rent in Winona?
Typical rent in Winona is $882 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Winona County is $1,118.
What is the FHA loan limit in Winona?
Winona uses the FHA limit for all of Winona County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Winona?
The typical homeowner in Winona pays $1,891 a year, according to the U.S. Census Bureau. That is 0.94% of the home’s value; in Winona County, the rate is 0.93%.
Where can I find free help to buy or rent in Winona?
We found no HUD-approved counseling agencies with an office in Winona County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
