What percentage of people rent in Chanhassen, MN?
15.9% (±2.5 points) of the occupied homes in Chanhassen, MN are rented (2020–2024 American Community Survey).
That is 1,555 renting households against 8,225 that own their home.
In Chanhassen, the share of households that rent went from 11.9% in 2015–2019 to 15.9% in 2020–2024 (+4.0 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 15.9% (±2.5 points)
- Renting households
- 1,555 (±239)
- Median renter income
- $71,080 (±$20,523)
Who rents and who owns in Chanhassen
| Chanhassen | Carver County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.9% (±2.5 points) | 18.5% (±1.4 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 1,555 (±239) | 7,627 (±567) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 8,225 (±332) | 33,548 (±594) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $71,080 (±$20,523) | $68,811 (±$2,884) | $51,080 (±$531) | $52,966 |
| Median owner household income | $165,439 (±$8,443) | $146,916 (±$4,608) | $108,214 (±$476) | $100,009 |
In Chanhassen, the renter share is not measurably different from Carver County (18.5%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Carver County, Chanhassen ranks 6 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 789 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Chanhassen has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.9% (±1.8 points) | 15.9% (±2.5 points) | +4.0 percentage points | Measurable increase |
| Median gross rent | $1,378 (±$79) | $1,831 (±$62) | +32.9% | Up after inflation |
| Median household income | $124,125 (±$8,359) | $143,651 (±$6,259) | +15.7% | 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 Chanhassen
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Chanhassen | — | 15.9% (±2.5 points) | — |
| Excelsior | 3.4 mi | 51.7% (±9.6 points) | Higher |
| Chaska | 3.5 mi | 32.4% (±3.5 points) | Higher |
| Shorewood | 3.7 mi | 6.8% (±2.4 points) | Lower |
| Greenwood | 4.1 mi | 10.2% (±5.9 points) | Not measurably different |
| Tonka Bay | 4.3 mi | 18.6% (±6.9 points) | Not measurably different |
| Victoria | 4.7 mi | 6.4% (±2.9 points) | Lower |
| Eden Prairie | 5.1 mi | 23.9% (±1.9 points) | Higher |
| Deephaven | 5.6 mi | 10.7% (±5.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Shorewood, MN (6.8%), Victoria, MN (6.4%).
Nearby places with a measurably higher figure: Excelsior, MN (51.7%), Chaska, MN (32.4%), Eden Prairie, MN (23.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Carver County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Chaska | 32.4% (±3.5 points) |
| 2 | Hamburg | 25.6% (±12.5 points) |
| 3 | Norwood Young America | 25.4% (±7.9 points) |
| 4 | Waconia | 19.7% (±4.5 points) |
| 5 | Watertown | 17.1% (±7.4 points) |
| 6 | Chanhassen | 15.9% (±2.5 points) |
| 7 | Hollywood Township | 12.4% (±5.9 points) |
| 8 | New Germany | 11.9% (±6.2 points) |
| 9 | Cologne | 9.2% (±5.0 points) |
| 10 | Waconia Township | 8.8% (±8.5 points) |
| 11 | Carver | 6.6% (±4.1 points) |
| 12 | Victoria | 6.4% (±2.9 points) |
Showing 12 of 21 places in Carver 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 Chanhassen
How many renters are there in Chanhassen?
Chanhassen has an estimated 1,555 (±239) renting households, 15.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Chanhassen?
In Chanhassen, the share of households that rent went from 11.9% in 2015–2019 to 15.9% in 2020–2024 (+4.0 percentage points), a measurable increase.
How big are renting households in Chanhassen?
A renting household in Chanhassen has 2.0 people on average, against 2.8 in an owned home.
How much do renters earn in Chanhassen?
The median renting household in Chanhassen, MN has an income of $71,080 (±$20,523) a year, against $165,439 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chanhassen city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Chanhassen city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Chanhassen city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Chanhassen city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Chanhassen city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Chanhassen city, Minnesota (place:10918, 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.
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 .
Related
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- Age of homes in Chanhassen
- Vacancy rate in Chanhassen
- Heating fuel in Chanhassen
- Commute and cars in Chanhassen
- Population growth in Chanhassen
- How long people stay in Chanhassen
- Crowding and facilities in Chanhassen
- Minnesota landlord and tenant rules
- Housing across Carver County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota