Cost of Living in Sibley County, Minnesota

$858/mo
Median Monthly Rent
$215,000
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$858/mo
6% below state average
Median Home Value
$215,000
24% below national
Rent-to-Income Ratio
24.0%
% 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 Sibley County Compares

Median monthly rent comparison

Sibley County$858/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$858/mo
Median Gross Rent
$215,000
Median Home Value
$1,113/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Sibley County, Minnesota

Sibley County's Solid Affordability

Sibley County's rent-to-income ratio of 13.5% beats Minnesota's 14.5% average and sits comfortably below national norms, while median household income of $76,082 slightly exceeds the $74,755 national average. Median rent of $858 per month exceeds Minnesota's $915 state average, yet remains manageable given the county's above-average wages.

Sibley Performs Well Statewide

Sibley County's 13.5% rent-to-income ratio ranks above Minnesota's average, reflecting a working-class rural economy with reasonable housing costs relative to earnings. The county outperforms statewide affordability norms despite sitting outside major metro corridors.

Sibley's Central Minnesota Positioning

Sibley County's $858 rent exceeds the rural bargains of Rock ($745) and Renville ($760) but trails more expensive peers like Roseau ($886) and Rice ($1,046). Home values of $215,000 sit in the regional middle, making Sibley a balanced option within central Minnesota's affordability spectrum.

Housing Claims Modest Income Share

Renters spend $858 monthly while homeowners pay $1,113, consuming roughly 13.5% and 17.5% of the $76,082 median household income respectively. Sibley households enjoy income levels slightly above national averages, allowing them to absorb these costs while maintaining meaningful savings capacity.

Sibley County for Value-Conscious Families

Earning close to the national median? Sibley County delivers above-average affordability at 13.5% rent-to-income while offering small-town Minnesota character. Compare it to rock-bottom Rock County or higher-cost suburbs, and you'll see Sibley as a pragmatic middle path with solid wage prospects.

Affordability Calculator

See how your income compares to housing costs in Sibley County

$

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,775

per month

Owner Cost Burden

17.6%

of gross income

You can likely afford the median home in Sibley County

Median home value is $215,000. Estimated monthly cost: $1,716 vs. your max of $1,775.

Rent Affordability Guide

Your rent-to-income ratio13.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Sibley County, Minnesota?
Sibley County, Minnesota has a median monthly rent of $858/mo and a median home value of $215,000. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Sibley County?
The median gross rent in Sibley County is $858/mo. This is 6% below state average for Minnesota.
Is Sibley County affordable?
Sibley County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sibley County's rent compare to the state average?
Sibley County's median rent of $858/mo is 6% below state average of $915/mo for Minnesota.
What is the median home value in Sibley County?
The median home value in Sibley County, Minnesota is $215,000. This is 24% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.