What percentage of people rent in Buffalo Lake, MN?

22.4% (±8.9 points) of the occupied homes in Buffalo Lake, MN are rented (2020–2024 American Community Survey).

That is 47 renting households against 163 that own their home.

In Buffalo Lake, the share of households that rent went from 32.0% in 2015–2019 to 22.4% in 2020–2024 (−9.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
22.4% (±8.9 points)
Renting households
47 (±21)

Who rents and who owns in Buffalo Lake

Tenure, estimate (90% margin of error)
Buffalo LakeRenville CountyMinnesotaUnited States
Renter-occupied share22.4% (±8.9 points)19.8% (±1.8 points)27.8% (±0.2 points)34.8%
Renting households47 (±21)1,201 (±118)641,268 (±4,528)45,017,354
Owning households163 (±34)4,855 (±123)1,666,687 (±7,556)84,210,142
Average renter household size1.6 (±0.4)2.0 (±0.2)2.0 (±0.0)2.3
Average owner household size2.9 (±0.6)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income—$33,413 (±$6,918)$51,080 (±$531)$52,966
Median owner household income$67,083 (±$4,520)$80,096 (±$3,484)$108,214 (±$476)$100,009

In Buffalo Lake, the renter share is not measurably different from Renville County (19.8%).

It is not measurably different from Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Renville County, Buffalo Lake ranks 9 of 37 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 487 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Buffalo Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent32.0% (±9.0 points)22.4% (±8.9 points)−9.6 percentage pointsNot a measurable change
Median gross rent$539 (±$122)$759 (±$187)+40.8%No measurable change after inflation
Median household income$42,574 (±$7,452)$66,167 (±$5,539)+55.4%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Buffalo Lake

Nearest places with a published estimate, compared with Buffalo Lake
PlaceDistanceHouseholds that rentCompared with this place
Buffalo Lake—22.4% (±8.9 points)—
Preston Lake Township2.9 mi14.1% (±9.5 points)Not measurably different
Hector Township4.0 mi8.3% (±9.1 points)Lower
Grafton Township4.6 mi15.3% (±12.0 points)Not measurably different
Hector4.7 mi26.1% (±7.7 points)Not measurably different
Martinsburg Township5.7 mi7.2% (±7.6 points)Lower
Stewart6.5 mi19.4% (±8.3 points)Not measurably different
Boon Lake Township7.7 mi8.1% (±7.1 points)Lower
Collins Township9.0 mi3.5% (±2.9 points)Lower

Nearby places with a measurably lower figure: Hector Township, MN (8.3%), Martinsburg Township, MN (7.2%), Boon Lake Township, MN (8.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Renville County, place by place

RankPlaceHouseholds that rent
3Emmet Township28.8% (±10.7 points)
4Winfield Township27.5% (±15.9 points)
5Norfolk Township26.6% (±17.2 points)
6Hector26.1% (±7.7 points)
7Morton25.4% (±8.2 points)
8Cairo Township22.6% (±14.3 points)
9Buffalo Lake22.4% (±8.9 points)
10Troy Township (Renville County)20.6% (±10.2 points)
11Fairfax20.3% (±8.3 points)
12Sacred Heart19.3% (±8.0 points)
13Flora Township17.5% (±10.6 points)
14Brookfield Township17.2% (±13.8 points)
15Franklin16.1% (±6.7 points)

Showing 13 of 37 places in Renville County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Buffalo Lake

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Questions about Buffalo Lake

How many renters are there in Buffalo Lake?

Buffalo Lake has an estimated 47 (±21) renting households, 22.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Buffalo Lake?

In Buffalo Lake, the share of households that rent went from 32.0% in 2015–2019 to 22.4% in 2020–2024 (−9.6 percentage points), not a measurable change.

How big are renting households in Buffalo Lake?

A renting household in Buffalo Lake has 1.6 people on average, against 2.9 in an owned home.

Sources

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 Buffalo Lake city, Minnesota (place:08488, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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