housing costs · Minnesota
Housing costs in Pennington 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 | $862 | ± $67 | evidence → |
| 2019–2023 | $900 | ± $78 | evidence → |
| 2018–2022 | $935 | ± $99 | evidence → |
| 2017–2021 | $812 | ± $87 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $195,500 | ± $10,083 | evidence → |
| 2019–2023 | $188,900 | ± $11,075 | evidence → |
| 2018–2022 | $173,800 | ± $8,082 | evidence → |
| 2017–2021 | $162,100 | ± $7,082 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 25.0 % | ± 2.5 % | evidence → |
| 2019–2023 | 23.4 % | ± 1.6 % | evidence → |
| 2018–2022 | 23.3 % | ± 1.8 % | evidence → |
| 2017–2021 | 23.9 % | ± 1.7 % | evidence → |
In context
Median rent in Pennington County is $862, 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.