Cost of Living in Morrison County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Morrison County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Morrison County ranks #1,521 of 3,144 counties for affordability (top 48%)
Data Story
About Cost of Living in Morrison County, Minnesota
Morrison's rent burden beats the nation
At 13.7%, Morrison County's rent-to-income ratio sits comfortably below the national norm, meaning renters here spend less of their paycheck on housing than typical American households. With a median household income of $68,640—roughly $6,000 below the national median—residents still manage better affordability, a rare combination that reflects this county's lean cost of living.
Among Minnesota's most affordable counties
Morrison County ranks as one of Minnesota's most housing-friendly markets, with its 13.7% rent-to-income ratio outperforming the state average of 14.5%. At $782 monthly rent versus the state's $915 average, renters here save roughly $160 per month compared to typical Minnesota households.
Competitive with similar rural counties
Morrison County's $782 rent mirrors nearby Mower County ($848) and Norman County ($752), placing it squarely in the region's affordable tier. However, neighboring Nicollet County's rents climb to $931—nearly $150 higher—reflecting its larger town centers and higher median incomes across the area.
Rent costs less than ownership here
Morrison renters spend 13.7% of income on housing, while owners allocate roughly 18.6% toward monthly mortgage payments on homes valued at $237,000. The gap suggests this county offers more breathing room for renters than for homebuyers, though both remain below statewide averages.
Affordable renting, moderate home prices
If you're priced out of pricier Minnesota metros, Morrison County delivers below-average rents ($782) without requiring a six-figure income. Consider it against neighboring Norman County for even cheaper ownership ($826 monthly), or Nicollet County if you prioritize higher incomes and don't mind premium housing costs.
Cost of Living Advisory: Morrison County
Affordability Verdict
For renters in Morrison County, the market is affordable. Expect to pay around $782/month in gross rent, with 23.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Morrison County pay $782/month on average, compared to $1,063/month for homeowners. This market favors renters by about 26%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,280/year. For owner costs at the 28% rule, the required income is roughly $45,557/year. With a median household income of $68,640, most households can comfortably afford rent here. Notably, 23.0% of renter households in Morrison County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Morrison County sits 7% more expensive than Pipestone County ($731/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Morrison County
Rent Burden
13.7%
of gross income
Max Housing (28% Rule)
$1,602
per month
Owner Cost Burden
18.6%
of gross income
The median home in Morrison County may be a stretch
Median home value is $237,000. Estimated monthly cost: $1,892 vs. your max of $1,602.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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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.
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