How many renters in Albany, MN pay more than 30% of their income on rent?
48.9% (±21.0 points) of renting households in Albany, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
22.7% spend 35% or more.
The median renting household spends 29.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 48.9% (±21.0 points)
- Paying 35% or more
- 22.7% (±12.8 points)
- Median share of income
- 29.5% (±5.9 points)
Rent as a share of income in Albany
| Share of income spent on rent | Albany | Stearns County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 2.7% (±3.5 points) | 13.9% | 12.9% | 12.6% |
| 15% to 19.9% | 18.9% (±14.6 points) | 10.7% | 12.9% | 12.2% |
| 20% to 24.9% | 18.6% (±14.7 points) | 12.6% | 13.9% | 12.6% |
| 25% to 29.9% | 10.9% (±9.5 points) | 13.0% | 12.1% | 11.5% |
| 30% to 34.9% | 26.2% (±16.7 points) | 6.6% | 9.7% | 9.2% |
| 35% or more | 22.7% (±12.8 points) | 43.3% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Albany against Stearns County, its state and the nation
| Albany | Stearns County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 48.9% (±21.0 points) | 49.9% (±3.5 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 22.7% (±12.8 points) | 43.3% (±3.2 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 29.5% (±5.9 points) | 29.9% (±2.1 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $30,938 (±$9,735) | $42,826 (±$2,417) | $51,080 (±$531) | $52,966 |
| Median gross rent | $642 (±$69) | $1,068 (±$42) | $1,280 (±$7) | $1,413 |
In Albany, the share of renters paying 30% or more of income is not measurably different from Stearns County (49.9%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Stearns County, Albany ranks 25 of 60 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 733 of 2,184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Albany
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Albany | — | 48.9% (±21.0 points) | — |
| Albany Township | 3.1 mi | 51.7% (±62.7 points) | Not measurably different |
| St. Anthony (Stearns County) | 4.9 mi | 0.0% (±141.4 points) | Not measurably different |
| Avon Township | 5.4 mi | 0.0% (±58.1 points) | Not measurably different |
| Farming Township | 5.5 mi | 50.0% (±34.9 points) | Not measurably different |
| Avon | 5.8 mi | 33.6% (±17.9 points) | Not measurably different |
| Krain Township | 6.2 mi | 0.0% (±141.4 points) | Not measurably different |
| Freeport | 6.2 mi | 48.1% (±28.7 points) | Not measurably different |
| Oak Township | 6.9 mi | 25.0% (±75.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Stearns County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 19 | Melrose | 52.8% (±19.0 points) |
| 20 | Sauk Centre | 52.7% (±15.7 points) |
| 21 | Albany Township | 51.7% (±62.7 points) |
| 22 | Belgrade | 51.3% (±15.3 points) |
| 23 (tie) | Farming Township | 50.0% (±34.9 points) |
| 23 (tie) | Paynesville Township | 50.0% (±111.8 points) |
| 25 | Albany | 48.9% (±21.0 points) |
| 26 | Freeport | 48.1% (±28.7 points) |
| 27 | St. Cloud | 47.5% (±4.7 points) |
| 28 | Paynesville | 47.2% (±15.4 points) |
| 29 (tie) | Elrosa | 45.5% (±34.3 points) |
| 29 (tie) | Getty Township | 45.5% (±47.1 points) |
| 31 | Sauk Centre Township | 38.3% (±34.4 points) |
Showing 13 of 60 places in Stearns County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Albany
Are renters in Albany rent-burdened?
48.9% of renting households in Albany pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Albany spend on rent?
The median renting household in Albany, MN spends 29.5% (±5.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Albany city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Albany city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Albany city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Albany city, Minnesota (place:00622, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Albany
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- Renters and owners in Albany
- Income and affordability in Albany
- Home values in Albany
- Homeowner costs in Albany
- Property taxes in Albany
- Types of homes in Albany
- Bedrooms in Albany
- Age of homes in Albany
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- Population growth in Albany
- How long people stay in Albany
- Minnesota landlord and tenant rules
- Housing across Stearns County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota