housing costs · Minnesota
Housing costs in Steele 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 | $1,061 | ± $69 | evidence → |
| 2019–2023 | $1,006 | ± $86 | evidence → |
| 2018–2022 | $914 | ± $51 | evidence → |
| 2017–2021 | $846 | ± $57 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $245,400 | ± $8,328 | evidence → |
| 2019–2023 | $234,200 | ± $6,836 | evidence → |
| 2018–2022 | $217,100 | ± $8,286 | evidence → |
| 2017–2021 | $185,200 | ± $6,831 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 34.2 % | ± 2.7 % | evidence → |
| 2019–2023 | 33.4 % | ± 3.2 % | evidence → |
| 2018–2022 | 33.4 % | ± 2.3 % | evidence → |
| 2017–2021 | 33.2 % | ± 2.0 % | evidence → |
In context
Median rent in Steele County is $1,061, 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.