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Highest gross rent yields in Minnesota

Faribault County leads Minnesota at 7.09% gross rent yield, on a median rent of $799 and a median home value of $135,300. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
7.09%
Faribault County
Median gross rent
$799
ACS B25064
Median home value
$135,300
ACS B25077
State yield
4.66%
State median rent and value

Counties ranked by gross rent yield

1Faribault County$799$93$135,300$9,8507.09%
2Swift County$920$63$161,400$6,6376.84%
3Kittson County$757$81$134,800$11,1806.74%
4Chippewa County$869$49$156,100$10,7226.68%
5Traverse County$615$66$114,100$12,2386.47%
6Pipestone County$754$39$140,200$14,5566.45%
7Norman County$774$87$147,100$12,1346.31%
8Watonwan County$834$59$162,400$8,1606.16%
9Jackson County$787$114$157,100$7,3186.01%
10Mower County$927$64$185,200$11,2896.01%
11Freeborn County$849$50$171,100$5,2715.95%
12Renville County$790$42$163,200$5,7305.81%
13Cottonwood County$817$75$169,300$8,9025.79%
14Roseau County$880$119$183,700$6,1995.75%
15Redwood County$757$67$158,200$5,3515.74%
16Stevens County$951$138$202,800$17,0865.63%
17Brown County$890$72$191,200$11,0155.59%
18Martin County$761$61$163,500$7,2815.59%
19Lac qui Parle County$728$96$157,600$9,8755.54%
20St. Louis County$1,013$36$221,400$3,4115.49%
21Nobles County$896$82$197,200$11,1345.45%
22Lake County$1,093$57$241,300$10,3355.44%
23Beltrami County$1,053$27$237,500$8,2775.32%
24Lake of the Woods County$955$49$216,100$23,8045.30%
25Pennington County$862$67$195,500$10,0835.29%
26Big Stone County$745$99$169,100$16,4185.29%
27Itasca County$988$48$225,200$6,2155.26%
28Yellow Medicine County$678$66$154,700$8,7195.26%
29Todd County$908$48$207,700$6,4235.25%
30Murray County$810$48$185,400$10,8425.24%
31Steele County$1,061$69$245,400$8,3285.19%
32Wadena County$746$86$173,000$5,3595.17%
33Mahnomen County$696$67$161,900$5,7935.16%
34Koochiching County$671$74$156,600$6,9055.14%
35Anoka County$1,464$26$346,500$2,3495.07%
36Kanabec County$962$134$228,100$5,6995.06%
37Blue Earth County$1,123$53$266,700$6,3355.05%
38Marshall County$690$92$164,500$5,5495.03%
39Grant County$797$78$191,000$17,2245.01%
40Isanti County$1,273$63$306,200$8,7804.99%
41Olmsted County$1,370$37$331,700$5,6234.96%
42Carlton County$1,009$61$245,100$6,5364.94%
43Lincoln County$674$42$164,400$6,6154.92%
44Ramsey County$1,329$14$326,600$2,6504.88%
45Dakota County$1,548$31$381,000$3,0814.88%
46Washington County$1,710$45$422,000$5,5834.86%
47Waseca County$883$66$220,800$8,6164.80%
48Stearns County$1,068$42$273,400$5,3114.69%
49Lyon County$781$53$200,700$7,5684.67%
50Clearwater County$742$81$192,100$7,8934.64%
51Winona County$907$39$235,400$5,7744.62%
52Clay County$1,019$45$265,500$7,7834.61%
53Polk County$855$58$222,800$6,8414.61%
54McLeod County$941$58$246,100$6,1494.59%
55Hennepin County$1,487$14$392,900$2,2544.54%
56Scott County$1,568$61$419,400$8,1374.49%
57Kandiyohi County$909$47$243,200$7,9204.49%
58Sibley County$855$76$231,900$6,9454.42%
59Houston County$879$67$239,000$7,3624.41%
60Pine County$877$39$239,300$4,9024.40%
61Meeker County$904$63$249,000$8,1574.36%
62Benton County$982$43$271,000$5,7204.35%
63Fillmore County$797$32$221,100$6,0654.33%
64Red Lake County$583$78$162,000$7,4904.32%
65Wright County$1,288$63$358,900$4,4514.31%
66Nicollet County$970$26$270,300$7,8264.31%
67Dodge County$1,020$122$287,700$9,0624.25%
68Pope County$902$53$255,100$14,7194.24%
69Mille Lacs County$903$52$258,300$8,2504.20%
70Aitkin County$869$73$255,800$8,3824.08%
71Goodhue County$966$51$285,100$7,0694.07%
72Rice County$1,083$65$320,200$9,4614.06%
73Chisago County$1,186$90$351,900$6,3924.04%
74Carver County$1,514$76$453,600$7,3964.01%
75Hubbard County$905$149$282,600$9,7393.84%
76Otter Tail County$868$63$273,000$6,3973.82%
77Morrison County$788$75$248,500$7,5163.81%
78Crow Wing County$971$50$306,800$9,2873.80%
79Becker County$920$49$291,000$13,4863.79%
80Wabasha County$830$52$264,400$8,3543.77%
81Sherburne County$1,127$57$361,400$5,5813.74%
82Rock County$698$61$224,300$14,5023.73%
83Wilkin County$564$159$182,200$24,4423.71%
84Cass County$863$45$288,300$7,2683.59%
85Le Sueur County$942$58$316,500$8,9423.57%
86Douglas County$927$60$321,400$10,2413.46%
87Cook County$886$102$336,200$27,3883.16%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in Minnesota?

Faribault County at 7.09%. Median gross rent is $799 (margin of error $93). Median home value is $135,300 (margin of error $9,850).

What is the lowest gross rent yield in Minnesota?

Cook County at 3.16%. Median gross rent is $886 (margin of error $102). Median home value is $336,200 (margin of error $27,388).

What is the state-level gross rent yield in Minnesota?

4.66%. Median gross rent is $1,280 (margin of error $7). Median home value is $329,300 (margin of error $903).