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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Barnum city, Minnesota?

$885/month 1.9%vs 2023 ($902)

City · Census ACS 5-Year estimates

The median gross rent in Barnum city, Minnesota is $885/month (±$79), based on Census ACS 5-Year estimates (2024). The median home value is $155,200 (±$32,869), and the median household income is $43,438/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Barnum city, Minnesota

MetricValue
Median Gross Rent$885
Median Home Value$155,200
Median Household Income$43,438
Total Housing Units242
Renter-Occupied Units109
Renter-Occupied Share45%
Households Paying 50%+ Income8 households

How does Barnum city, Minnesota compare?

Median gross rent ranked against all cities in Minnesota.

Higher rent than 49% of cities in Minnesota · 357th 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
… 353 more …
357Barnum city(you are here)$885
… 344 more …
702White Earth CDP$300
703Big Lake CDP$99
703Sanborn city$99

More data for Barnum city, Minnesota

Frequently asked questions

What is the average rent in Barnum city, Minnesota?

The median gross rent in Barnum city, Minnesota is $885/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 Barnum city, Minnesota?

The median rent for a 2-bedroom in Barnum 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 Barnum city, Minnesota?

The median home value in Barnum city, Minnesota is $155,200 according to Census ACS 5-Year estimates (2024).

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

In Barnum city, Minnesota, 8 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 Barnum city, Minnesota?

The median household income in Barnum city, Minnesota is $43,438/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 $885 has a margin of error of ±$79. 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.