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Cost of Living in Renville County, MN

Population 14,558 · Census ACS 2020–2024 5-year estimates

Median rent$790
Median home value$163,200
Median household income$70,625

The median rent in Renville County, MN is $790/month, 38% lower than the Minnesota median and 44% lower than the U.S. median. The median home value is $163,200, 51% lower than the national median. Households earn a median of $70,625 a year, 21% lower than the state median.

Affordability

Rent as a share of median income: 13.4%
Income needed for median rent (30% rule): $31,600/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $825/mo

Run your own numbers: mortgage calculator · hourly to salary

Renville County vs. Minnesota vs. U.S.

Renville CountyMinnesotaU.S.
Median rent$790$1,280$1,413
Median home value$163,200$329,300$332,700
Median household income$70,625$89,062$80,734
Homeownership rate80.2%72.2%65.2%
Bachelor's degree or higher18.1%39.4%35.7%
Poverty rate11.0%9.3%12.5%
Unemployment rate2.5%4.1%5.2%
Work from home8.2%17.6%15.1%
Median age42.338.838.9

FAQ

What is the average rent in Renville County, MN?

The median gross rent in Renville County, MN is $790 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Renville County, MN?

Using the common 30% rule, renting a median-priced home takes about $31,600 a year in gross income.

Is Renville County, MN expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 2.3 times the median household income.

Other counties in Minnesota

Hennepin County, MNRent $1,487 · Income $97,653Ramsey County, MNRent $1,329 · Income $81,568Dakota County, MNRent $1,548 · Income $106,318Anoka County, MNRent $1,464 · Income $101,869Washington County, MNRent $1,710 · Income $115,345St. Louis County, MNRent $1,013 · Income $70,069

Counties with a similar cost of living

Mahaska County, IARent $793 · Income $70,940Allamakee County, IARent $796 · Income $70,694Webster County, MORent $789 · Income $71,155Cooper County, MORent $782 · Income $70,625Grant County, ARRent $788 · Income $71,549Macoupin County, ILRent $801 · Income $70,805

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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