Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Dakota County, Minnesota?
County · Census ACS 5-Year estimates
The median gross rent in Dakota County, Minnesota is $1,548/month (±$31), based on Census ACS 5-Year estimates (2024). The median home value is $381,000 (±$3,081), and the median household income is $106,318/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Dakota County, Minnesota and Neighbouring Counties
Housing Metrics for Dakota County, Minnesota
| Metric | Value |
|---|---|
| Median Gross Rent | $1,548 |
| Median Home Value | $381,000 |
| Median Household Income | $106,318 |
| Total Housing Units | 174,362 |
| Renter-Occupied Units | 43,687 |
| Renter-Occupied Share | 25% |
| Households Paying 50%+ Income | 10,154 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,312 | +0.0% |
| 1 BR | $1,319 | +0.0% |
| 2 BR | $1,613 | +0.0% |
| 3 BR | $1,833 | +0.0% |
| 4 BR | $2,188 | +0.0% |
| 5+ BR | $2,351 | +0.0% |
How does Dakota County, Minnesota compare?
Median gross rent ranked against all counties in Minnesota.
Higher rent than 98% of counties in Minnesota · 3rd of 87
| # | County | Value |
|---|---|---|
| 1 | Washington County | $1,710 |
| 2 | Scott County | $1,568 |
| 3 | Dakota County(you are here) | $1,548 |
| … 81 more … | ||
| 85 | Traverse County | $615 |
| 86 | Red Lake County | $583 |
| 87 | Wilkin County | $564 |
More data for Dakota County, Minnesota
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Frequently asked questions
What is the average rent in Dakota County, Minnesota?
The median gross rent in Dakota County, Minnesota is $1,548/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 Dakota County, Minnesota?
The median rent for a 2-bedroom in Dakota County, Minnesota is $1,613/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$33. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Dakota County, Minnesota?
The median home value in Dakota County, Minnesota is $381,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Dakota County are rent-burdened?
In Dakota County, Minnesota, 10,154 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 Dakota County, Minnesota?
The median household income in Dakota County, Minnesota is $106,318/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 $1,548 has a margin of error of ±$31. In very small areas, MOEs can be large relative to the estimate.
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