Cost of Living in Sherburne County, Minnesota

$1,151/mo

Median Monthly Rent

$332,700

Median Home Value

26% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,151/mo

26% above state average

Median Home Value

$332,700

18% above national

Rent-to-Income Ratio

27.0%

% 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 Sherburne County Compares

Median monthly rent comparison

Sherburne County$1,151/mo

Minnesota Average$915/mo

National Median$1,163/mo

Detailed Housing Stats

$1,151/mo

Median Gross Rent

$332,700

Median Home Value

$1,669/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Sherburne County, Minnesota

Sherburne Balances Income and Housing

Sherburne County's rent-to-income ratio of 13.4% beats Minnesota's 14.5% average and sits well below the national benchmark, supported by a strong median household income of $102,965—38% above the $74,755 national median. Median rent of $1,151 per month exceeds Minnesota's $915 average, yet remains affordable given Sherburne's above-average wages.

Sherburne Ranks Above Average

Sherburne County's 13.4% rent-to-income ratio places it among Minnesota's better-performing counties for housing affordability, a reflection of both solid housing costs and robust household incomes driven by suburban growth. The county punches above state averages in wage earnings while maintaining below-average affordability pressure.

Sherburne's Suburban Sweet Spot

Sherburne County's $1,151 rent and $102,965 median income position it between rural affordability (Rock, Renville) and wealthy exurbs (Scott County's $120,247 income). Median home values of $332,700 exceed most rural peers but trail Scott County's $393,500, marking Sherburne as a more accessible suburban option.

Strong Incomes Sustain Higher Costs

Renters allocate $1,151 monthly while homeowners spend $1,669, together consuming 13.4% and 19.5% of the $102,965 median household income. Sherburne households earn significantly above state and national medians, enabling them to absorb above-average housing costs without strain.

Sherburne for Growing Suburban Families

If you're earning near Sherburne's $102,965 median and seeking suburban amenities with Twin Cities access, this county delivers strong affordability at 13.4% rent-to-income. Compare it to pricier Scott County or lower-wage rural alternatives, and you'll find a balanced sweet spot for upwardly mobile families.

Affordability Calculator

See how your income compares to housing costs in Sherburne County

Your Annual Household Income

Rent Burden

13.4%

of gross income

Max Housing (28% Rule)

$2,403

per month

Owner Cost Burden

19.5%

of gross income

The median home in Sherburne County may be a stretch

Median home value is $332,700. Estimated monthly cost: $2,656 vs. your max of $2,403.

Rent Affordability Guide

Your rent-to-income ratio13.4%

Recommended max30.0%

Frequently Asked Questions

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

Sherburne County, Minnesota has a median monthly rent of $1,151/mo and a median home value of $332,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Sherburne County?

The median gross rent in Sherburne County is $1,151/mo. This is 26% above state average for Minnesota.

Is Sherburne County affordable?

Sherburne County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Sherburne County's median rent of $1,151/mo is 26% above state average of $915/mo for Minnesota.

What is the median home value in Sherburne County?

The median home value in Sherburne County, Minnesota is $332,700. This is 18% above the national median home value of $281,900.