Cost of Living in Pope County, Minnesota

$851/mo
Median Monthly Rent
$242,800
Median Home Value
7% below state averageUnaffordable

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

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).

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%

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.
Sponsored

Planning a Move?

Researching the cost of living in Pope County, Minnesota? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Pope County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

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