Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Polk County, Minnesota?
County · Census ACS 5-Year estimates
The median gross rent in Polk County, Minnesota is $855/month (±$58), based on Census ACS 5-Year estimates (2024). The median home value is $222,800 (±$6,841), and the median household income is $73,107/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Polk County, Minnesota and Neighbouring Counties
Housing Metrics for Polk County, Minnesota
| Metric | Value |
|---|---|
| Median Gross Rent | $855 |
| Median Home Value | $222,800 |
| Median Household Income | $73,107 |
| Total Housing Units | 12,360 |
| Renter-Occupied Units | 3,551 |
| Renter-Occupied Share | 29% |
| Households Paying 50%+ Income | 854 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $424 | -3.2% |
| 1 BR | $659 | +80.5% |
| 2 BR | $836 | +18.6% |
| 3 BR | $1,097 | +50.5% |
| 4 BR | $1,408 | +52.1% |
| 5+ BR | $708 | n/a |
How does Polk County, Minnesota compare?
Median gross rent ranked against all counties in Minnesota.
Higher rent than 37% of counties in Minnesota · 56th of 87
| # | County | Value |
|---|---|---|
| 1 | Washington County | $1,710 |
| 2 | Scott County | $1,568 |
| 3 | Dakota County | $1,548 |
| … 52 more … | ||
| 56 | Polk County(you are here) | $855 |
| … 28 more … | ||
| 85 | Traverse County | $615 |
| 86 | Red Lake County | $583 |
| 87 | Wilkin County | $564 |
More data for Polk County, Minnesota
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Frequently asked questions
What is the average rent in Polk County, Minnesota?
The median gross rent in Polk County, Minnesota is $855/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 Polk County, Minnesota?
The median rent for a 2-bedroom in Polk County, Minnesota is $836/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$66. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Polk County, Minnesota?
The median home value in Polk County, Minnesota is $222,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Polk County are rent-burdened?
In Polk County, Minnesota, 854 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 Polk County, Minnesota?
The median household income in Polk County, Minnesota is $73,107/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 $855 has a margin of error of ±$58. In very small areas, MOEs can be large relative to the estimate.
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