What percentage of people rent in Buffalo, MN?

Name: Renters and owners in Buffalo, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

25.7% (±4.1 points) of the occupied homes in Buffalo, MN are rented (2020–2024 American Community Survey).

That is 1,629 renting households against 4,700 that own their home.

In Buffalo, the share of households that rent went from 28.4% in 2015–2019 to 25.7% in 2020–2024 (−2.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 25.7% (±4.1 points)
Renting households: 1,629 (±266)
Median renter income: $50,341 (±$14,310)

Who rents and who owns in Buffalo

Tenure, estimate (90% margin of error)
	Buffalo	Wright County	Minnesota	United States
Renter-occupied share	25.7% (±4.1 points)	15.9% (±1.3 points)	27.8% (±0.2 points)	34.8%
Renting households	1,629 (±266)	8,590 (±680)	641,268 (±4,528)	45,017,354
Owning households	4,700 (±363)	45,420 (±769)	1,666,687 (±7,556)	84,210,142
Average renter household size	2.1 (±0.2)	2.2 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.8 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$50,341 (±$14,310)	$60,350 (±$5,243)	$51,080 (±$531)	$52,966
Median owner household income	$102,154 (±$10,435)	$119,057 (±$3,211)	$108,214 (±$476)	$100,009

In Buffalo, the renter share is higher than in Wright County (15.9%).

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

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

In Wright County, Buffalo ranks 5 of 34 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 376 of 2,628.

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

How renting in Buffalo has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	28.4% (±3.8 points)	25.7% (±4.1 points)	−2.7 percentage points	Not a measurable change
Median gross rent	$977 (±$91)	$1,182 (±$114)	+21.0%	No measurable change after inflation
Median household income	$73,955 (±$8,019)	$88,820 (±$5,708)	+20.1%	No measurable change 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

Nearest places with a published estimate, compared with Buffalo
Place	Distance	Households that rent	Compared with this place
Buffalo	—	25.7% (±4.1 points)	—
Buffalo Township	2.5 mi	4.7% (±3.7 points)	Lower
Chatham Township	4.8 mi	1.4% (±1.4 points)	Lower
Rockford Township	5.0 mi	11.4% (±11.7 points)	Lower
Monticello Township	6.1 mi	0.4% (±0.6 points)	Lower
Maple Lake Township	6.2 mi	15.4% (±11.0 points)	Not measurably different
Marysville Township	6.6 mi	15.4% (±9.7 points)	Not measurably different
Maple Lake	8.0 mi	16.0% (±5.7 points)	Lower
Montrose	8.3 mi	21.8% (±8.0 points)	Not measurably different

Nearby places with a measurably lower figure: Buffalo Township, MN (4.7%), Chatham Township, MN (1.4%), Rockford Township, MN (11.4%).

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

Households that rent across Wright County, place by place

Rank	Place	Households that rent
1	Clearwater	38.1% (±6.9 points)
2	Monticello	35.3% (±4.7 points)
3	Cokato	32.8% (±7.7 points)
4	Howard Lake	28.0% (±8.4 points)
5	Buffalo	25.7% (±4.1 points)
6	Delano	22.6% (±5.8 points)
7	Montrose	21.8% (±8.0 points)
8	Rockford	20.3% (±6.9 points)
9	Annandale	16.3% (±7.8 points)
10	Maple Lake	16.0% (±5.7 points)
11	South Haven	15.6% (±13.0 points)

Showing 11 of 34 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

How many renters are there in Buffalo?

Buffalo has an estimated 1,629 (±266) renting households, 25.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Buffalo?

In Buffalo, the share of households that rent went from 28.4% in 2015–2019 to 25.7% in 2020–2024 (−2.7 percentage points), not a measurable change.

How big are renting households in Buffalo?

A renting household in Buffalo has 2.1 people on average, against 2.7 in an owned home.

How much do renters earn in Buffalo?

The median renting household in Buffalo, MN has an income of $50,341 (±$14,310) a year, against $102,154 for households that own their 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 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 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.