Cost of Living in Yellow Medicine County, Minnesota

$688/mo
Median Monthly Rent
$148,200
Median Home Value
25% below state averageUnaffordable

At a Glance

Median Monthly Rent
$688/mo
25% below state average
Median Home Value
$148,200
47% below national
Rent-to-Income Ratio
22.0%
% 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 Yellow Medicine County Compares

Median monthly rent comparison

Yellow Medicine County$688/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$688/mo
Median Gross Rent
$148,200
Median Home Value
$904/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Yellow Medicine County, Minnesota

Yellow Medicine delivers exceptional affordability

At 11.5%, Yellow Medicine's rent-to-income ratio significantly undercuts Minnesota's 14.5% state average and ranks among the nation's most affordable areas. Monthly rents of just $688 run 25% below the state average, making this rural county genuinely accessible.

Top-tier affordability across Minnesota

Yellow Medicine ranks among Minnesota's most affordable counties with an 11.5% rent-to-income ratio and monthly rents of $688. The county's sub-$690 rental costs and stable local wages create rare housing value in today's market.

Among the region's best-priced options

Yellow Medicine's $688 monthly rent ranks among the lowest in this group, trailing only Wilkin's exceptional $561. Home values at $148,200 also undercut most regional peers, making Yellow Medicine a compelling affordability choice.

Minimal housing burden for working families

Renters spend just 11.5% of income on housing, while homeowners allocate roughly 15.1% to monthly owner costs ($904). Yellow Medicine demonstrates true affordability across both rental and ownership markets.

Yellow Medicine maximizes housing value

Relocating to Yellow Medicine gives you Minnesota's best value proposition: 11.5% rent ratios, $688 monthly rents, and sub-$150K home prices. If budget breathing room matters, Yellow Medicine's affordability edge rivals all but Wilkin County.

Affordability Calculator

See how your income compares to housing costs in Yellow Medicine County

$

Rent Burden

11.5%

of gross income

Max Housing (28% Rule)

$1,670

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Yellow Medicine County

Median home value is $148,200. Estimated monthly cost: $1,183 vs. your max of $1,670.

Rent Affordability Guide

Your rent-to-income ratio11.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Yellow Medicine County, Minnesota?
Yellow Medicine County, Minnesota has a median monthly rent of $688/mo and a median home value of $148,200. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Yellow Medicine County?
The median gross rent in Yellow Medicine County is $688/mo. This is 25% below state average for Minnesota.
Is Yellow Medicine County affordable?
Yellow Medicine County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Yellow Medicine County's rent compare to the state average?
Yellow Medicine County's median rent of $688/mo is 25% below state average of $915/mo for Minnesota.
What is the median home value in Yellow Medicine County?
The median home value in Yellow Medicine County, Minnesota is $148,200. This is 47% 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.