Cost of Living in Lac qui Parle County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lac qui Parle County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Lac qui Parle County, Minnesota
Lac qui Parle delivers solid rental value
Lac qui Parle County residents spend 13.6% of their $71,639 median household income on rent, a rate that hovers near national comfort thresholds and below problematic levels. At $809 per month, median rent is lean and accessible, making the county competitive for price-conscious renters nationally.
Slightly above state rent-to-income average
Lac qui Parle's 13.6% rent-to-income ratio edges just above Minnesota's 14.5% state average, placing it in the better half of the state's housing markets. Median rent of $809 runs $106 below the state average of $915, contributing to solid regional affordability despite slightly tighter income ratios.
Mid-range costs among rural peers
Lac qui Parle renters pay $809 monthly, positioning the county between Kittson's bargain $728 and Kanabec's steep $1,003, with a favorable rent burden of 13.6%. The county's rental market mirrors Kandiyohi and Koochiching, offering consistent rural Minnesota affordability.
Even split between rent and ownership costs
Renters in Lac qui Parle spend 13.6% of their $71,639 annual income on housing, while homeowners pay $754 monthly for properties valued at $143,400. Both pathways are accessible relative to state norms, with ownership costs particularly low and reflecting the county's modest property values.
Stable affordability, modest growth prospects
Lac qui Parle combines reasonable rents and low home values in a stable rural setting, making it ideal for those prioritizing housing affordability. The county's smaller size and agricultural economy suggest it suits retirees, remote workers, or those seeking simplicity over urban amenities and rapid job growth.
Affordability Calculator
See how your income compares to housing costs in Lac qui Parle County
Rent Burden
13.6%
of gross income
Max Housing (28% Rule)
$1,672
per month
Owner Cost Burden
12.6%
of gross income
You can likely afford the median home in Lac qui Parle County
Median home value is $143,400. Estimated monthly cost: $1,145 vs. your max of $1,672.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.