Cost of Living in Renville County, North Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Renville County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Renville County ranks #176 of 3,144 counties for affordability (top 6%)
Data Story
About Cost of Living in Renville County, North Dakota
Renville rents are reasonable, not cheap
Renville County's rent-to-income ratio of 13.3% slightly exceeds North Dakota's state average of 12.8% but remains well below the 30% strain threshold. The median rent of $846 is the highest in this regional cluster, reflecting competitive housing demand despite strong median income of $76,311.
Middle tier with premium rents
Renville County ranks in the middle tier for housing affordability in North Dakota, with a rent-to-income ratio of 13.3% compared to the state average of 12.8%. The median rent of $846 exceeds the state median of $770 by $76, the largest premium in this dataset.
Renville commands the highest rents
Renville County's $846 monthly rent is the highest in its region, surpassing Oliver County ($725), Ransom County ($710), and Richland County ($751). Despite this premium, the high median income of $76,311 keeps the rent-to-income ratio manageable at 13.3%.
Housing takes 23% of income
Renville County residents spend 13.3% of income on rent and another 12.9% on owner costs, totaling roughly 26.2% of household income toward housing. Both renters and homebuyers maintain healthy margins below the 30% affordability ceiling.
Renville suits higher earners
Renville County appeals to relocators with strong incomes who can absorb premium rents without financial strain. Compare it to more affordable alternatives like Oliver County (11.3% rent ratio) or Ransom County (11.4% rent ratio) to determine if the higher rents match your budget.
Cost of Living Advisory: Renville County
Affordability Verdict
Renville County is affordable for renters, with a median gross rent of $846/month representing approximately 13.3% of median household income. The rent burden (GRAPI) stands at 24.0%.
Rent vs. Own
Renters in Renville County pay $846/month on average, compared to $819/month for homeowners. This market favors buyers by about 3%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,840/year. For owner costs at the 28% rule, the required income is roughly $35,100/year. With a median household income of $76,311, most households can comfortably afford rent here. Notably, 24.0% of renter households in Renville County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Barnes County where rent averages $779/month, Renville County is approximately 9% more expensive.
Affordability Calculator
See how your income compares to housing costs in Renville County
Rent Burden
13.3%
of gross income
Max Housing (28% Rule)
$1,781
per month
Owner Cost Burden
12.9%
of gross income
You can likely afford the median home in Renville County
Median home value is $163,400. Estimated monthly cost: $1,304 vs. your max of $1,781.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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