Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Babbitt city, Minnesota?
City · Census ACS 5-Year estimates
The median gross rent in Babbitt city, Minnesota is $737/month (±$67), based on Census ACS 5-Year estimates (2024). The median home value is $102,300 (±$10,441), and the median household income is $55,875/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Babbitt city, Minnesota
| Metric | Value |
|---|---|
| Median Gross Rent | $737 |
| Median Home Value | $102,300 |
| Median Household Income | $55,875 |
| Total Housing Units | 651 |
| Renter-Occupied Units | 82 |
| Renter-Occupied Share | 13% |
| Households Paying 50%+ Income | 12 households |
How does Babbitt city, Minnesota compare?
Median gross rent ranked against all cities in Minnesota.
Higher rent than 25% of cities in Minnesota · 530th of 704
| # | City | Value |
|---|---|---|
| 1 | Minnetrista city | $3,501 |
| 1 | North Oaks city | $3,501 |
| 3 | Independence city | $3,469 |
| … 526 more … | ||
| 530 | Babbitt city(you are here) | $737 |
| … 171 more … | ||
| 702 | White Earth CDP | $300 |
| 703 | Big Lake CDP | $99 |
| 703 | Sanborn city | $99 |
More data for Babbitt city, Minnesota
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Frequently asked questions
What is the average rent in Babbitt city, Minnesota?
The median gross rent in Babbitt city, Minnesota is $737/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 Babbitt city, Minnesota?
The median rent for a 2-bedroom in Babbitt 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 Babbitt city, Minnesota?
The median home value in Babbitt city, Minnesota is $102,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Babbitt city are rent-burdened?
In Babbitt city, Minnesota, 12 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 Babbitt city, Minnesota?
The median household income in Babbitt city, Minnesota is $55,875/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 $737 has a margin of error of ±$67. In very small areas, MOEs can be large relative to the estimate.
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