housing costs · Minnesota
Housing costs in Faribault 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 | $799 | ± $93 | evidence → |
| 2019–2023 | $837 | ± $117 | evidence → |
| 2018–2022 | $697 | ± $43 | evidence → |
| 2017–2021 | $664 | ± $87 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $135,300 | ± $9,850 | evidence → |
| 2019–2023 | $120,200 | ± $5,095 | evidence → |
| 2018–2022 | $116,000 | ± $5,334 | evidence → |
| 2017–2021 | $97,700 | ± $6,416 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.0 % | ± 2.7 % | evidence → |
| 2019–2023 | 25.8 % | ± 3.2 % | evidence → |
| 2018–2022 | 24.8 % | ± 3.2 % | evidence → |
| 2017–2021 | 25.0 % | ± 3.4 % | evidence → |
In context
Median rent in Faribault County is $799, below 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.