Cost of Living in Renville County, North Dakota

$846/mo
Median Monthly Rent
$163,400
Median Home Value
10% above state averageUnaffordable

At a Glance

Median Monthly Rent
$846/mo
10% above state average
Median Home Value
$163,400
42% 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 Renville County Compares

Median monthly rent comparison

Renville County$846/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$846/mo
Median Gross Rent
$163,400
Median Home Value
$819/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio13.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Renville County, North Dakota?
Renville County, North Dakota has a median monthly rent of $846/mo and a median home value of $163,400. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Renville County?
The median gross rent in Renville County is $846/mo. This is 10% above state average for North Dakota.
Is Renville County affordable?
Renville 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 Renville County's rent compare to the state average?
Renville County's median rent of $846/mo is 10% above state average of $770/mo for North Dakota.
What is the median home value in Renville County?
The median home value in Renville County, North Dakota is $163,400. This is 42% 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.