CostBy County

Cost of Living in Freeborn County, Minnesota

$849/mo
Median Monthly Rent
$171,100
Median Home Value

At a Glance

Median Monthly Rent
$849/mo
9% below state average
Median Home Value
$171,100
49% below national
Census GRAPI
27.2%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Freeborn County Compares

Median monthly rent comparison

Freeborn County$849/mo
Minnesota Average$938/mo
National Median$1,413/mo

Detailed Housing Stats

$849/mo
Median Gross Rent
$171,100
Median Home Value
$935/mo
Monthly Owner Cost
27.2%
Census GRAPI

National Ranking

Affordability Rank

Freeborn County ranks #1,695 of 3,142 counties for affordability (bottom 46%)

Most AffordableLeast Affordable

Sourced county brief

Freeborn County Renter Median Income Reaches $34,531

In Freeborn County, the median income for renter households was estimated at $34,531. The official median gross rent as a percentage of household income (GRAPI) was 27.2%, which is 0.1 percentage points lower than the Minnesota unweighted county mean of 27.3%. Median gross rent in the county was $849 per month, compared to a state unweighted county mean of $938. For homeowners, the median home value was $171,100, while the state unweighted county mean was $238,336. The median selected monthly owner costs for all owner-occupied housing units was $935, which is $181 below the state unweighted county mean of $1,116. These statistics represent a snapshot from the 2020-2024 American Community Survey. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Freeborn County

Affordability Verdict

ACS B25071 estimates median gross rent at 27.2% of renter household income in Freeborn County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $849 per month; median selected monthly owner costs are $935. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,960 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Minnesota unweighted mean of county median rents is $938 per month. Freeborn County's $849 median is 9.5% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Freeborn County

$

Rent Burden

14.3%

of gross income

Max Housing (28% Rule)

$1,657

per month

Owner Cost Burden

15.8%

of gross income

You can likely afford the median home in Freeborn County

Median home value is $171,100. Estimated monthly cost: $1,366 vs. your max of $1,657.

Rent Affordability Guide

Your entered rent as a share of entered income14.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,023Needed: $33,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,023Needed: $40,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,023Needed: $39,820

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Freeborn County, Minnesota?
Freeborn County, Minnesota has a median monthly rent of $849/mo and a median home value of $171,100. The affordability rating is Affordable, with median gross rent equal to approximately 27.2% of renter household income.
What is the median rent in Freeborn County?
The median gross rent in Freeborn County is $849/mo. This is 9% below state average for Minnesota.
Is Freeborn County affordable?
Freeborn County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 27.2%. Median gross rent is under 30% of renter household income.
How does Freeborn County's rent compare to the state average?
Freeborn County's median rent of $849/mo is 9% below state average of $938/mo for Minnesota.
What is the median home value in Freeborn County?
The median home value in Freeborn County, Minnesota is $171,100. This is 49% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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