Cost of Living in Goodhue County, Minnesota

$939/mo

Median Monthly Rent

$269,400

Median Home Value

3% above state averageUnaffordable

At a Glance

Median Monthly Rent

$939/mo

3% above state average

Median Home Value

$269,400

4% below national

Rent-to-Income Ratio

29.0%

% of income spent on rent

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

Affordability Rating

Unaffordable

Rent over 50% of income

How Goodhue County Compares

Median monthly rent comparison

Goodhue County$939/mo

Minnesota Average$915/mo

National Median$1,163/mo

Detailed Housing Stats

$939/mo

Median Gross Rent

$269,400

Median Home Value

$1,268/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Goodhue County, Minnesota

Goodhue rents lean affordable nationally

Renters in Goodhue County spend 13.6% of household income on rent, well below the national affordability threshold of 30% and better than Minnesota's state average of 14.5%. The county's median household income of $82,749 outpaces the national median by $8,000, cushioning housing costs.

Mid-pack affordability across Minnesota

Goodhue ranks in the middle tier of Minnesota's 87 counties for rental affordability, with a rent-to-income ratio nearly a point better than state average. At $939 monthly rent, the county charges $24 more than Minnesota's median but residents earn enough to absorb the difference comfortably.

Slightly pricier than nearby counties

Goodhue's $939 rent exceeds Houston County's $881 and Grant County's $779, but its residents earn higher incomes to match. Among southeastern Minnesota counties, Goodhue offers a balance of moderate housing costs and strong wage earning.

Housing eats 13–14% of income

Renters spend $939 monthly while homeowners commit $1,268, with the typical home valued at $269,400. Together, housing claims roughly 13.6% of the median $82,749 household income—leaving plenty of budget room for other essentials.

Strong wages, manageable housing costs

If you're comparing counties for affordability and income stability, Goodhue delivers above-average earnings with below-average housing burden. The county's rent-to-income ratio of 13.6% ranks among Minnesota's most livable, making it an attractive relocation target for budget-conscious professionals.

Affordability Calculator

See how your income compares to housing costs in Goodhue County

Your Annual Household Income

Rent Burden

13.6%

of gross income

Max Housing (28% Rule)

$1,931

per month

Owner Cost Burden

18.4%

of gross income

The median home in Goodhue County may be a stretch

Median home value is $269,400. Estimated monthly cost: $2,151 vs. your max of $1,931.

Rent Affordability Guide

Your rent-to-income ratio13.6%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Goodhue County, Minnesota?

Goodhue County, Minnesota has a median monthly rent of $939/mo and a median home value of $269,400. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Goodhue County?

The median gross rent in Goodhue County is $939/mo. This is 3% above state average for Minnesota.

Is Goodhue County affordable?

Goodhue County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Goodhue County's rent compare to the state average?

Goodhue County's median rent of $939/mo is 3% above state average of $915/mo for Minnesota.

What is the median home value in Goodhue County?

The median home value in Goodhue County, Minnesota is $269,400. This is 4% below the national median home value of $281,900.