Cost of Living in Stevens County, Minnesota

$833/mo
Median Monthly Rent
$180,800
Median Home Value
9% below state averageUnaffordable

At a Glance

Median Monthly Rent
$833/mo
9% below state average
Median Home Value
$180,800
36% below national
Rent-to-Income Ratio
25.0%
% 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 Stevens County Compares

Median monthly rent comparison

Stevens County$833/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$833/mo
Median Gross Rent
$180,800
Median Home Value
$887/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Stevens County, Minnesota

Stevens stands out as a housing bargain

Stevens County residents enjoy a 14.1% rent-to-income ratio—well below the national benchmark—while earning $71,060 median annually, which is about 5% below the national median. The $833 monthly rent represents exceptional affordability in the Midwest, making Stevens one of the most accessible counties nationally.

Among Minnesota's most affordable counties

At 14.1%, Stevens County beats Minnesota's 14.5% state average, signaling stronger rental affordability than most of the state. The $833 median rent runs $82 below Minnesota's state average, reflecting the rural character and lower cost structure of the area.

Cheapest rent in the region

Stevens County's $833 rent is the lowest among all eight counties surveyed, undercut only by Traverse County's exceptional $617. For renters, Stevens offers significant savings compared to Stearns ($1,057) or Steele ($1,006) while maintaining reasonable income levels.

Ultra-affordable housing landscape

Renters pay just $833 monthly while homeowners invest $887, with a median home value of only $180,800. Stevens residents allocate just 14.1% of their $71,060 income to rent, leaving substantially more room for savings and discretionary spending than most Minnesota counties.

Budget-conscious seekers, look here

Stevens County offers genuine housing bargains for renters and modest homebuyers willing to embrace rural Minnesota. The low cost of living here frees up income for other priorities—an advantage worth serious consideration.

Affordability Calculator

See how your income compares to housing costs in Stevens County

$

Rent Burden

14.1%

of gross income

Max Housing (28% Rule)

$1,658

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Stevens County

Median home value is $180,800. Estimated monthly cost: $1,443 vs. your max of $1,658.

Rent Affordability Guide

Your rent-to-income ratio14.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Stevens County, Minnesota?
Stevens County, Minnesota has a median monthly rent of $833/mo and a median home value of $180,800. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Stevens County?
The median gross rent in Stevens County is $833/mo. This is 9% below state average for Minnesota.
Is Stevens County affordable?
Stevens County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Stevens County's rent compare to the state average?
Stevens County's median rent of $833/mo is 9% below state average of $915/mo for Minnesota.
What is the median home value in Stevens County?
The median home value in Stevens County, Minnesota is $180,800. This is 36% 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.