What is the median rent in Buffalo, MN?

The median gross rent in Buffalo, MN is $1,182 (±$114) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,594 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Buffalo, the median gross rent went from $977 in 2015–2019 to $1,182 in 2020–2024 (+21.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,182 (±$114)
Rented homes
1,594 (±268)
$2,000 or more
8.2%
Since 2015–2019
+21.0%

How much rent costs in Buffalo

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentBuffaloWright CountyMinnesotaUnited States
Less than $5005.3% (±5.3 points)5.6%8.4%6.3%
$500 to $99928.0% (±8.5 points)24.4%21.5%20.2%
$1,000 to $1,49934.4% (±8.8 points)33.7%33.6%28.1%
$1,500 to $1,99924.1% (±9.8 points)19.5%21.4%21.1%
$2,000 to $2,4996.6% (±5.6 points)9.6%9.2%12.0%
$2,500 to $2,9991.0% (±1.6 points)4.5%3.0%5.5%
$3,000 or more0.6% (±0.9 points)2.6%3.0%6.8%

The most common range is $1,000 to $1,499, paid by 34.4% of renting households.

8.2% of rented homes in Buffalo cost $2,000 or more a month.

Buffalo against Wright County, its state and the nation

Estimate (90% margin of error)
BuffaloWright CountyMinnesotaUnited States
Median gross rent$1,182 (±$114)$1,288 (±$63)$1,280 (±$7)$1,413
Rented homes paying rent1,594 (±268)8,160 (±661)614,257 (±4,397)42,849,984

In Buffalo, median gross rent is not measurably different from Wright County ($1,288).

It is not measurably different from Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Wright County, Buffalo ranks 17 of 28 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 386 of 1,347.

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

How rent in Buffalo has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$977 (±$91)$1,182 (±$114)+21.0%No measurable change after inflation
Households that rent28.4% (±3.8 points)25.7% (±4.1 points)−2.7 percentage pointsNot a measurable change
Rental vacancy rate5.1% (±5.1 points)5.8% (±5.7 points)+0.7 percentage pointsNot a measurable change

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.

Median gross rent in places near Buffalo

Nearest places with a published estimate, compared with Buffalo
PlaceDistanceMedian gross rentCompared with this place
Buffalo—$1,182 (±$114)—
Buffalo Township2.5 mi$1,375 (±$149)Higher
Rockford Township5.0 mi$1,359 (±$50)Higher
Maple Lake Township6.2 mi$1,143 (±$63)Not measurably different
Marysville Township6.6 mi$1,361 (±$62)Higher
Maple Lake8.0 mi$591 (±$353)Lower
Montrose8.3 mi$1,474 (±$400)Not measurably different
Rockford8.4 mi$1,046 (±$190)Not measurably different
St. Michael8.6 mi$1,483 (±$277)Higher

Nearby places with a measurably lower figure: Maple Lake, MN ($591).

Nearby places with a measurably higher figure: Buffalo Township, MN ($1,375), Rockford Township, MN ($1,359), Marysville Township, MN ($1,361).

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

Median gross rent across Wright County, place by place

RankPlaceMedian gross rent
11Monticello$1,405 (±$142)
12Woodland Township$1,397 (±$148)
13Buffalo Township$1,375 (±$149)
14Marysville Township$1,361 (±$62)
15Rockford Township$1,359 (±$50)
16Albertville$1,348 (±$153)
17Buffalo$1,182 (±$114)
18Silver Creek Township (Wright County)$1,146 (±$431)
19Maple Lake Township$1,143 (±$63)
20Clearwater$1,091 (±$97)
21Rockford$1,046 (±$190)
22Stockholm Township$1,014 (±$140)
23Annandale$971 (±$317)

Showing 13 of 28 places in Wright 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.

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Questions about Buffalo

What is the average rent in Buffalo, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Buffalo is $1,182 (±$114) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Buffalo?

In Buffalo, the median gross rent went from $977 in 2015–2019 to $1,182 in 2020–2024 (+21.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Buffalo cost more than $2,000 a month?

8.2% of rented homes in Buffalo have a gross rent of $2,000 or more a month, and 5.3% cost less than $500.

Is rent in Buffalo higher than in Wright County?

In Buffalo, median gross rent is not measurably different from Wright County ($1,288).

It is not measurably different from Minnesota ($1,280).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

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) for Buffalo city, Minnesota (place:08452, in state:27).

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

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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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