Byron, MN

City

Rent in Byron

Median Gross Rent

$1,135

Rent-to-Income Ratio

38.3%

Renter Share

16.8%

Median Renter Income

$31,507

Avg Household Size

1.9

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $857
2 Bedrooms: $1,228

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 34.9%
$1,000-$1,500: 43.4%
$1,500-$2,000: 9.7%
$2,000-$2,500: 2.7%
$2,500+: 6.0%
No Cash Rent: 3.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 14.7%
20-30% (moderate): 21.9%
30-50% (cost-burdened): 32.7%
50%+ (severely cost-burdened): 26.4%
Not Computed: 4.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $139,839
Renter Households: $31,507

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 55.1%
$1,000-$1,500: 26.2%
$1,500-$2,000: 6.7%
$2,000-$2,500: 8.7%
$2,500+: 0.0%
No Cash Rent: 3.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Byron

Salem Corners / Shanty Town

Berne / Fryers Mobile Home Park

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources