housing costs · Minnesota
Housing costs in Olmsted 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 | $1,370 | ± $37 | evidence → |
| 2019–2023 | $1,283 | ± $48 | evidence → |
| 2018–2022 | $1,193 | ± $34 | evidence → |
| 2017–2021 | $1,097 | ± $35 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $331,700 | ± $5,623 | evidence → |
| 2019–2023 | $304,500 | ± $7,652 | evidence → |
| 2018–2022 | $285,600 | ± $4,915 | evidence → |
| 2017–2021 | $249,400 | ± $3,731 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.1 % | ± 1.4 % | evidence → |
| 2019–2023 | 29.4 % | ± 1.4 % | evidence → |
| 2018–2022 | 29.2 % | ± 1.4 % | evidence → |
| 2017–2021 | 28.6 % | ± 1.0 % | evidence → |
In context
Median rent in Olmsted County is $1,370, 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.