Kandiyohi County, Minnesota Housing Market Prices
Kandiyohi County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 13% below the Minnesota median$206,357
-
Median rent 29% below the Minnesota median$909
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kandiyohi County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $206,357 | $236,718 | $248,835 |
| Price Trend (Annual %) | 4.7% | 6.6% | 7.5% |
| Median Gross Rent | $909 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kandiyohi County is about 13% lower than in Minnesota. Rent is about 29% lower than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Kandiyohi County, up about 4.7% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Kandiyohi County rose about 36.5% between 2015 and 2024, from $666 to $909. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Kandiyohi County.
Buying the median-priced home in Kandiyohi County costs roughly 18.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Kandiyohi County. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Kandiyohi County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $206,357 | $236,718 | $248,835 |
| Median Household Income | $77,140 | $89,852 | $80,455 |
| Price-to-Income Ratio | 2.7 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kandiyohi County rose about 59.5%, while median household income rose about 43.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kandiyohi County | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 65.5% | 58.5% |
| Rental Rate | 23.8% | 25.2% | 31.2% |
| Vacancy Rate | 13.4% | 9.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Kandiyohi County has a homeownership rate of 62.8%, lower than the Minnesota average of 65.5%. Its housing vacancy rate is 13.4%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Kandiyohi County | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1976 | 1976 | 1978 |
| Median Number of Rooms | 6.1 | 6.1 | 5.5 |
The typical housing unit in Kandiyohi County was built around 1976. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Kandiyohi County, MN Housing Compared With Nearby Counties
How Kandiyohi County, MN compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kandiyohi County, MN | 44,079 | $206,357 #2/2 | $909 #2/2 | 72.5% #1/2 |
| Stearns County, MN | 160,684 | $322,521 | $1,067 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Kandiyohi County, Minnesota.
What is the median home price in Kandiyohi County, Minnesota?
The median home price in Kandiyohi County, Minnesota is $206,357, lower than the Minnesota average of $236,718.
What is the average home price in Kandiyohi County, Minnesota?
The typical home price in Kandiyohi County, Minnesota, reported as the median sale price, is $206,357. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Kandiyohi County, Minnesota?
The median gross rent in Kandiyohi County, Minnesota is $909 per month, lower than the Minnesota average of $1,280.
What was the median gross rent in Kandiyohi County in 2020?
In 2020, the median gross rent in Kandiyohi County, Minnesota was $739 per month.
What is the price-to-rent ratio in Kandiyohi County, Minnesota?
The price-to-rent ratio in Kandiyohi County, Minnesota is about 18.9, meaning it would take roughly 18.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Kandiyohi County.
Are home prices or rent rising faster in Kandiyohi County, Minnesota?
Both home prices and rent are rising in Kandiyohi County, up about 4.7% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kandiyohi County, Minnesota?
62.8% of households in Kandiyohi County, Minnesota own their home, lower than the Minnesota average of 65.5%.
What is the vacancy rate in Kandiyohi County, Minnesota?
The housing vacancy rate in Kandiyohi County, Minnesota is 13.4%, higher than the Minnesota average of 9.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →