Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Buffalo city, Minnesota?
City · Census ACS 5-Year estimates
The median gross rent in Buffalo city, Minnesota is $1,182/month (±$114), based on Census ACS 5-Year estimates (2024). The median home value is $314,400 (±$17,139), and the median household income is $88,820/year. The unemployment rate in Wright County, Minnesota was 4.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Buffalo city, Minnesota
| Metric | Value |
|---|---|
| Median Gross Rent | $1,182 |
| Median Home Value | $314,400 |
| Median Household Income | $88,820 |
| Total Housing Units | 6,329 |
| Renter-Occupied Units | 1,629 |
| Renter-Occupied Share | 26% |
| Households Paying 50%+ Income | 354 households |
| Unemployment Rate(April 2026) | 4.1% |
How does Buffalo city, Minnesota compare?
Median gross rent ranked against all cities in Minnesota.
Higher rent than 78% of cities in Minnesota · 158th of 704
| # | City | Value |
|---|---|---|
| 1 | Minnetrista city | $3,501 |
| 1 | North Oaks city | $3,501 |
| 3 | Independence city | $3,469 |
| … 154 more … | ||
| 158 | Buffalo city(you are here) | $1,182 |
| … 543 more … | ||
| 702 | White Earth CDP | $300 |
| 703 | Big Lake CDP | $99 |
| 703 | Sanborn city | $99 |
More data for Buffalo city, Minnesota
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Frequently asked questions
What is the average rent in Buffalo city, Minnesota?
The median gross rent in Buffalo city, Minnesota is $1,182/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 Buffalo city, Minnesota?
The median rent for a 2-bedroom in Buffalo 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 Buffalo city, Minnesota?
The median home value in Buffalo city, Minnesota is $314,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Buffalo city are rent-burdened?
In Buffalo city, Minnesota, 354 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 Buffalo city, Minnesota?
The median household income in Buffalo city, Minnesota is $88,820/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 $1,182 has a margin of error of ±$114. In very small areas, MOEs can be large relative to the estimate.
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