housing costs · Minnesota
Housing costs in Dakota County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,548 | ± $31 | evidence → |
| 2019–2023 | $1,497 | ± $31 | evidence → |
| 2018–2022 | $1,410 | ± $20 | evidence → |
| 2017–2021 | $1,293 | ± $21 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $381,000 | ± $3,081 | evidence → |
| 2019–2023 | $362,100 | ± $2,738 | evidence → |
| 2018–2022 | $341,200 | ± $3,189 | evidence → |
| 2017–2021 | $294,700 | ± $2,733 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.9 % | ± 0.9 % | evidence → |
| 2019–2023 | 29.7 % | ± 0.8 % | evidence → |
| 2018–2022 | 29.5 % | ± 0.8 % | evidence → |
| 2017–2021 | 28.9 % | ± 0.7 % | evidence → |
In context
Median rent in Dakota County is $1,548, above the Minnesota median of $896 across 87 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.