Opstead, MN

Rent in Opstead

Median Gross Rent

$824

Rent-to-Income Ratio

29.3%

Renter Share

19.5%

Median Renter Income

$32,750

Avg Household Size

2

Median Rent by Bedrooms

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

No Bedroom: $444
1 Bedroom: $800
2 Bedrooms: $858
3 Bedrooms: $825
4 Bedrooms: $1,104

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: 53.2%
$1,000-$1,500: 16.8%
$1,500-$2,000: 3.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 27.1%

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): 25.1%
20-30% (moderate): 12.8%
30-50% (cost-burdened): 15.8%
50%+ (severely cost-burdened): 19.2%
Not Computed: 27.1%

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: $72,438
Renter Households: $32,750

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: 70.9%
$1,000-$1,500: 1.0%
$1,500-$2,000: 1.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 27.1%

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