Cost of Living in Pope County, Minnesota

$851/mo
Median Monthly Rent
$242,800
Median Home Value

At a Glance

Median Monthly Rent
$851/mo
7% below state average
Median Home Value
$242,800
14% below national
Rent-to-Income Ratio
32.0%
% 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 Pope County Compares

Median monthly rent comparison

Pope County$851/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$851/mo
Median Gross Rent
$242,800
Median Home Value
$1,085/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Pope County ranks #239 of 3,144 counties for affordability (top 8%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Pope County, Minnesota

Pope County exceeds national affordability standards

Pope County's rent-to-income ratio of 14.1% sits comfortably below the national average of 14.5%, delivering above-average housing affordability. With a median household income of $72,205 and median rent of $851, renters keep housing costs lean relative to income.

Better than Minnesota's average on rentals

Pope County's 14.1% rent-to-income ratio outperforms Minnesota's 14.5% state average, ranking among the state's more affordable counties. The median rent of $851 runs $64 below the state median of $915.

Reasonable rents; steepest home values

Pope's $851 rent aligns with regional peers like Polk ($843), but its median home value of $242,800 is the highest in this comparison group. Homeowners pay $1,085 monthly, comparable to Polk but steeper than rural alternatives.

Renters enjoy lean housing ratios

On Pope's median income of $72,205, renters spend just 14.1% ($851 monthly) on housing, below both national and state averages. Homeowners allocate 18.1% ($1,085) to owner costs, making the rental market notably more accessible.

Pope County appeals to renters and prudent buyers

Pope's 14.1% rent ratio beats national averages, making it attractive for renters seeking affordability. Prospective homebuyers should factor in the county's elevated home values ($242,800) against cheaper alternatives like Pipestone ($126,700).

Cost of Living Advisory: Pope County

Affordability Verdict

Pope County offers affordable rental housing at a median of $851/month — about 14.1% of the typical household income here.

Rent vs. Own

At $851/month rent versus $1,085/month in owner costs, renting is roughly $234/month cheaper — a 22% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,040/year. For owner costs at the 28% rule, the required income is roughly $46,500/year. With a median household income of $72,205, most households can comfortably afford rent here. Notably, 32.0% of renter households in Pope County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Pope County sits 7% more expensive than Wabasha County ($798/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Pope County

$

Rent Burden

14.1%

of gross income

Max Housing (28% Rule)

$1,685

per month

Owner Cost Burden

18.0%

of gross income

The median home in Pope County may be a stretch

Median home value is $242,800. Estimated monthly cost: $1,938 vs. your max of $1,685.

Rent Affordability Guide

Your rent-to-income ratio14.1%
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: $72,205Needed: $34,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,205Needed: $46,500
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,205Needed: $56,506

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 Pope County, Minnesota?
Pope County, Minnesota has a median monthly rent of $851/mo and a median home value of $242,800. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Pope County?
The median gross rent in Pope County is $851/mo. This is 7% below state average for Minnesota.
Is Pope County affordable?
Pope County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pope County's rent compare to the state average?
Pope County's median rent of $851/mo is 7% below state average of $915/mo for Minnesota.
What is the median home value in Pope County?
The median home value in Pope County, Minnesota is $242,800. This is 14% 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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