Foley, MN

City

Rent in Foley

Median Gross Rent

$1,041

Rent-to-Income Ratio

28.6%

Renter Share

32.7%

Median Renter Income

$37,024

Avg Household Size

Median Rent by Bedrooms

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

1 Bedroom: $733
2 Bedrooms: $1,056
5+ Bedrooms: $1,728

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: 41.2%
$1,000-$1,500: 30.9%
$1,500-$2,000: 8.8%
$2,000-$2,500: 8.5%
$2,500+: 1.8%
No Cash Rent: 8.8%

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): 14.6%
20-30% (moderate): 32.1%
30-50% (cost-burdened): 14.8%
50%+ (severely cost-burdened): 20.6%
Not Computed: 17.9%

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: $101,875
Renter Households: $37,024

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: 45.8%
$1,000-$1,500: 34.2%
$1,500-$2,000: 4.5%
$2,000-$2,500: 6.7%
$2,500+: 0.0%
No Cash Rent: 8.8%

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

Nearby Neighborhoods in Foley

Popple Creek / Fruitville

Water's Edge at Donovan Lake / Duelm

Estes Brook / Woodward Brook

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