Cost of Living in Meeker County, Minnesota

$894/mo
Median Monthly Rent
$228,900
Median Home Value

At a Glance

Median Monthly Rent
$894/mo
2% below state average
Median Home Value
$228,900
19% below national
Rent-to-Income Ratio
25.0%
% 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 Meeker County Compares

Median monthly rent comparison

Meeker County$894/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$894/mo
Median Gross Rent
$228,900
Median Home Value
$1,128/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Meeker County ranks #798 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Meeker County, Minnesota

Meeker County slightly above national average

Meeker County renters spend 14.3% of income on housing, slightly exceeding the national average of 14.5%—a near-perfect match. The median household income of $75,037 tracks closely with the national median of $74,755, creating a balanced affordability profile.

Meeker County tracks state average

Meeker County's 14.3% rent-to-income ratio sits just below Minnesota's state average of 14.5%, placing it near the middle of the state's affordability rankings. At $894 monthly rent, renters pay slightly below the state median of $915, finding modest savings.

Meeker County sits in regional middle

At $894 monthly rent, Meeker County is pricier than smaller neighbors like Lincoln County ($688) and Lyon County ($742), but comparable to Mille Lacs County ($909). The median home value of $228,900 reflects stronger property conditions than the most rural counties in the group.

Moderate costs with solid incomes

Renters allocate $894 monthly and homeowners pay $1,128 on a median household income of $75,037, consuming 14.3% and 18.1% of income respectively. Owner costs approach stress levels, but the solid median income provides more cushion than lower-income rural neighbors.

Meeker County for balanced seekers

With near-national-average affordability and solid income levels, Meeker County appeals to renters and cautious homebuyers seeking stability. Compare this county's conditions to similar-sized Minnesota communities to find your best fit.

Cost of Living Advisory: Meeker County

Affordability Verdict

Housing in Meeker County is affordable. The median rent is $894/month against a median household income of $75,037, putting rent at 14.3% of income.

Rent vs. Own

The median rent in Meeker County is $894/month, while owner costs run $1,128/month. Renting saves approximately $234/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,760/year. For owner costs at the 28% rule, the required income is roughly $48,343/year. With a median household income of $75,037, most households can comfortably afford rent here. Notably, 25.0% of renter households in Meeker County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Kandiyohi County where rent averages $843/month, Meeker County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Meeker County

$

Rent Burden

14.3%

of gross income

Max Housing (28% Rule)

$1,751

per month

Owner Cost Burden

18.0%

of gross income

The median home in Meeker County may be a stretch

Median home value is $228,900. Estimated monthly cost: $1,827 vs. your max of $1,751.

Rent Affordability Guide

Your rent-to-income ratio14.3%
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: $75,037Needed: $35,760
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,037Needed: $48,343
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,037Needed: $53,271

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 Meeker County, Minnesota?
Meeker County, Minnesota has a median monthly rent of $894/mo and a median home value of $228,900. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Meeker County?
The median gross rent in Meeker County is $894/mo. This is 2% below state average for Minnesota.
Is Meeker County affordable?
Meeker County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Meeker County's rent compare to the state average?
Meeker County's median rent of $894/mo is 2% below state average of $915/mo for Minnesota.
What is the median home value in Meeker County?
The median home value in Meeker County, Minnesota is $228,900. This is 19% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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