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Down payment assistance

Buying a home in Slayton, MN

8 statewide.

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What’s local to Slayton

No program run for Slayton or for Murray County alone is listed. A home in Slayton can use the Minnesota statewide and federal programs below.

The closest city that runs its own program is New Ulm, about 68 miles away. City programs usually require the home to be inside that city’s limits.

The Slayton market

Kinds of homes here

  • 79.2% single-family
  • 1.8% townhouse
  • 3.2% 2–4 units
  • 13.5% 5+ units
  • 2.4% mobile & other

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

79%

of Slayton homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$97,400
County area median income, 4 people (HUD)
$62,344
Slayton median household income

See the published limits for Murray County

Free help nearby

1 HUD-approved counseling agency within 15 miles

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Across Minnesota and nationwide

70 statewide & federal programs

Slayton questions

Does Slayton have its own down payment program?

No program run for Slayton alone is listed. A home in Slayton can use the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Slayton?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Murray County?

Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Murray County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Slayton?

HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Slayton. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

56172

Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.