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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Akeley city, Minnesota?

$1,094/month 17.6%vs 2023 ($930)

City · Census ACS 5-Year estimates

The median gross rent in Akeley city, Minnesota is $1,094/month (±$302), based on Census ACS 5-Year estimates (2024). The median home value is $110,500 (±$19,682), and the median household income is $44,000/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Akeley city, Minnesota

MetricValue
Median Gross Rent$1,094
Median Home Value$110,500
Median Household Income$44,000
Total Housing Units142
Renter-Occupied Units15
Renter-Occupied Share11%
Households Paying 50%+ Income5 households

How does Akeley city, Minnesota compare?

Median gross rent ranked against all cities in Minnesota.

Higher rent than 72% of cities in Minnesota · 201st of 704

Cheapest: White Earth CDP($300)
Priciest: Minnetrista city($3,501)
#CityValue
1Minnetrista city$3,501
1North Oaks city$3,501
3Independence city$3,469
… 197 more …
201Akeley city(you are here)$1,094
… 500 more …
702White Earth CDP$300
703Big Lake CDP$99
703Sanborn city$99

More data for Akeley city, Minnesota

Frequently asked questions

What is the average rent in Akeley city, Minnesota?

The median gross rent in Akeley city, Minnesota is $1,094/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Akeley city, Minnesota?

The median rent for a 2-bedroom in Akeley city, Minnesota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Akeley city, Minnesota?

The median home value in Akeley city, Minnesota is $110,500 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Akeley city are rent-burdened?

In Akeley city, Minnesota, 5 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Akeley city, Minnesota?

The median household income in Akeley city, Minnesota is $44,000/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,094 has a margin of error of ±$302. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.