Cost of Living in Renville County, Minnesota

$760/mo

Median Monthly Rent

$151,900

Median Home Value

17% below state averageUnaffordable

At a Glance

Median Monthly Rent

$760/mo

17% below state average

Median Home Value

$151,900

46% below national

Rent-to-Income Ratio

29.0%

% 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 Renville County Compares

Median monthly rent comparison

Renville County$760/mo

Minnesota Average$915/mo

National Median$1,163/mo

Detailed Housing Stats

$760/mo

Median Gross Rent

$151,900

Median Home Value

$863/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Renville County, Minnesota

Renville Beats National Affordability

Renville County residents spend just 13.2% of their income on rent, well below the national average and meaningfully better than the 14.5% state benchmark. At $760 per month, median rent here is substantially lower than Minnesota's $915 state average, even as median household income sits at $69,086—slightly below the national median of $74,755.

Among Minnesota's Most Affordable

Renville County ranks among the state's most affordable counties for renters, with a rent-to-income ratio that undercuts Minnesota's average by 1.3 percentage points. This positioning reflects both modest rental costs and a working-class income base that stretches housing dollars further than many urban and suburban peers.

Southwest Minnesota's Sweet Spot

Renville's $760 rent is competitive with nearby Rock County ($745) and undercuts Sibley County ($858) and Roseau County ($886). Neighboring communities offer similar affordability profiles, making this region a collective refuge for budget-conscious renters in greater Minnesota.

Rent and Ownership Costs Aligned

Renters spend $760 monthly while homeowners carry $863 in costs, a narrow gap reflecting modest home values of $151,900. Together, these housing expenses claim roughly 13% of household income, leaving room for other living costs in a county where the median household earns $69,086 annually.

Consider Renville for Rural Comfort

If you're priced out of Minnesota's metro corridors, Renville County delivers genuine affordability without sacrificing rural amenities. Compare its 13.2% rent-to-income ratio to costlier neighbors like Rice County (15.2%) or St. Louis County (16.8%), and you'll see why rural Minnesota still offers breathing room for working families.

Affordability Calculator

See how your income compares to housing costs in Renville County

Your Annual Household Income

Rent Burden

13.2%

of gross income

Max Housing (28% Rule)

$1,612

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Renville County

Median home value is $151,900. Estimated monthly cost: $1,213 vs. your max of $1,612.

Rent Affordability Guide

Your rent-to-income ratio13.2%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Renville County, Minnesota?

Renville County, Minnesota has a median monthly rent of $760/mo and a median home value of $151,900. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Renville County?

The median gross rent in Renville County is $760/mo. This is 17% below state average for Minnesota.

Is Renville County affordable?

Renville County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Renville County's rent compare to the state average?

Renville County's median rent of $760/mo is 17% below state average of $915/mo for Minnesota.

What is the median home value in Renville County?

The median home value in Renville County, Minnesota is $151,900. This is 46% below the national median home value of $281,900.