Cost of Living in Swift County, Minnesota

$900/mo
Median Monthly Rent
$147,100
Median Home Value
2% below state averageUnaffordable

At a Glance

Median Monthly Rent
$900/mo
2% below state average
Median Home Value
$147,100
48% 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 Swift County Compares

Median monthly rent comparison

Swift County$900/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$900/mo
Median Gross Rent
$147,100
Median Home Value
$761/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Swift County, Minnesota

Swift strains on lower incomes

Swift County's 17.3% rent-to-income ratio is the highest among these eight counties and significantly above the national average, placing housing affordability under stress. Despite the $900 monthly rent being moderate, the $62,601 median household income—16% below national average—means housing costs consume an outsized portion of residents' earnings.

Most strained in Minnesota sample

Swift County's 17.3% ratio exceeds Minnesota's 14.5% average by nearly 3 percentage points, making it the least affordable county in this eight-county cluster. The combination of below-state-average income ($62,601 vs. state context) and mid-range rents ($900) creates genuine affordability challenges for local renters.

Tight margins despite modest rents

Swift County's $900 rent sits between Stevens ($833) and Stearns ($1,057), but the lower $62,601 income makes the burden proportionally heavier here. Among rural neighbors, only Wadena County ($56,882 income) faces worse affordability pressures.

Income challenges drive affordability gap

Renters spend $900 monthly while homeowners invest $761, with a median home value of $147,100—the lowest in this group. At 17.3% of a $62,601 income, Swift residents dedicate a concerning share to rent, leaving little margin for emergencies or savings.

Consider employment prospects carefully

Swift County's low housing costs won't offset income constraints unless you're relocating for higher-wage work. Compare carefully with higher-income counties like Steele or Stearns before committing to a move.

Affordability Calculator

See how your income compares to housing costs in Swift County

$

Rent Burden

17.3%

of gross income

Max Housing (28% Rule)

$1,461

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Swift County

Median home value is $147,100. Estimated monthly cost: $1,174 vs. your max of $1,461.

Rent Affordability Guide

Your rent-to-income ratio17.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Swift County, Minnesota?
Swift County, Minnesota has a median monthly rent of $900/mo and a median home value of $147,100. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Swift County?
The median gross rent in Swift County is $900/mo. This is 2% below state average for Minnesota.
Is Swift County affordable?
Swift 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 Swift County's rent compare to the state average?
Swift County's median rent of $900/mo is 2% below state average of $915/mo for Minnesota.
What is the median home value in Swift County?
The median home value in Swift County, Minnesota is $147,100. This is 48% 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.