Meeker County, Minnesota Housing Market Prices
Meeker 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.
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Median home price 11% below the Minnesota median$210,465
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Median rent 29% below the Minnesota median$904
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Meeker County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $210,465 | $236,718 | $248,835 |
| Price Trend (Annual %) | 15.8% | 6.6% | 7.5% |
| Median Gross Rent | $904 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Meeker County is about 11% 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 Meeker County, up about 15.8% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Meeker County rose about 31.9% between 2015 and 2024, from $685 to $904. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Meeker County.
Buying the median-priced home in Meeker County costs roughly 19.4 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 Meeker County. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Meeker County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $210,465 | $236,718 | $248,835 |
| Median Household Income | $75,665 | $89,852 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Meeker County rose about 186.0%, while median household income rose about 36.2% 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 | Meeker County | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.0% | 65.5% | 58.5% |
| Rental Rate | 18.1% | 25.2% | 31.2% |
| Vacancy Rate | 12.9% | 9.3% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Meeker County has a homeownership rate of 69.0%, higher than the Minnesota average of 65.5%. Its housing vacancy rate is 12.9%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Meeker County | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1977 | 1976 | 1978 |
| Median Number of Rooms | 6.3 | 6.1 | 5.5 |
The typical housing unit in Meeker County was built around 1977. On average, 2.5 people live in a home with about 6.3 rooms, staying for about 18.0 years on average.
Meeker County, MN Housing Compared With Nearby Counties
Meeker County, MN is the smallest of the 5 counties compared here, 23,466 residents against a local median of 96,152. The measure that sets Meeker County, MN apart most is median home price: $210,465, 29% below the local median of $295,527.
The counties themselves spread $116,165 on median home price, so Meeker County, MN sits at one end of an already wide local range rather than apart from it. Meeker County, MN has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Meeker County, MN | 23,466 | $210,465 #4/5 | $904 #5/5 | 79.3% #2/5 |
| McLeod County, MN | 36,799 | $303,846 | $941 | 77.4% |
| Stearns County, MN | 160,684 | $322,521 | $1,067 | 67.9% |
| Kandiyohi County, MN | 44,079 | $206,357 | $909 | 72.5% |
| Wright County, MN | 148,225 | $287,208 | $1,288 | 84.1% |
Frequently Asked Questions
Common questions about the housing market in Meeker County, Minnesota.
What is the median home price in Meeker County, Minnesota?
The median home price in Meeker County, Minnesota is $210,465, lower than the Minnesota average of $236,718.
What is the average home price in Meeker County, Minnesota?
The typical home price in Meeker County, Minnesota, reported as the median sale price, is $210,465. 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 Meeker County, Minnesota?
The median gross rent in Meeker County, Minnesota is $904 per month, lower than the Minnesota average of $1,280.
What was the median gross rent in Meeker County in 2020?
In 2020, the median gross rent in Meeker County, Minnesota was $737 per month.
What is the price-to-rent ratio in Meeker County, Minnesota?
The price-to-rent ratio in Meeker County, Minnesota is about 19.4, meaning it would take roughly 19.4 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 Meeker County.
Are home prices or rent rising faster in Meeker County, Minnesota?
Both home prices and rent are rising in Meeker County, up about 15.8% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Meeker County, Minnesota?
69.0% of households in Meeker County, Minnesota own their home, higher than the Minnesota average of 65.5%.
What is the vacancy rate in Meeker County, Minnesota?
The housing vacancy rate in Meeker County, Minnesota is 12.9%, higher than the Minnesota average of 9.3%.
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