What is the median rent in Eagle Lake, MN?
The median gross rent in Eagle Lake, MN is $1,403 (±$63) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 398 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Eagle Lake, the median gross rent went from $1,279 in 2015–2019 to $1,403 in 2020–2024 (+9.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $1,403 (±$63)
- Rented homes
- 398 (±94)
- $2,000 or more
- 4.3%
- Since 2015–2019
- +9.7%
How much rent costs in Eagle Lake
| Monthly gross rent | Eagle Lake | Blue Earth County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 1.8% (±2.6 points) | 6.5% | 8.4% | 6.3% |
| $500 to $999 | 11.8% (±8.7 points) | 33.8% | 21.5% | 20.2% |
| $1,000 to $1,499 | 51.5% (±13.8 points) | 34.4% | 33.6% | 28.1% |
| $1,500 to $1,999 | 30.7% (±11.9 points) | 16.6% | 21.4% | 21.1% |
| $2,000 to $2,499 | 4.3% (±4.4 points) | 5.7% | 9.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±5.5 points) | 0.8% | 3.0% | 5.5% |
| $3,000 or more | 0.0% (±5.5 points) | 2.1% | 3.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 51.5% of renting households.
4.3% of rented homes in Eagle Lake cost $2,000 or more a month.
Eagle Lake against Blue Earth County, its state and the nation
| Eagle Lake | Blue Earth County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $1,403 (±$63) | $1,123 (±$53) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 398 (±94) | 10,296 (±458) | 614,257 (±4,397) | 42,849,984 |
In Eagle Lake, median gross rent is higher than in Blue Earth County ($1,123).
It is also higher than in Minnesota ($1,280).
It is not measurably different from the national figure ($1,413).
In Blue Earth County, Eagle Lake ranks 2 of 22 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 204 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Eagle Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,279 (±$82) | $1,403 (±$63) | +9.7% | Down after inflation |
| Households that rent | 34.5% (±5.9 points) | 35.6% (±6.7 points) | +1.1 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±4.6 points) | 4.0% (±5.1 points) | +4.0 percentage points | Not 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 Eagle Lake
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Eagle Lake | — | $1,403 (±$63) | — |
| Le Ray Township | 3.1 mi | $734 (±$374) | Lower |
| Mankato Township | 3.4 mi | $1,317 (±$187) | Not measurably different |
| Madison Lake | 4.4 mi | $596 (±$516) | Lower |
| Jamestown Township | 4.6 mi | $1,146 (±$82) | Lower |
| Mankato | 4.7 mi | $1,132 (±$57) | Lower |
| Lime Township | 5.2 mi | $1,033 (±$379) | Not measurably different |
| St. Clair | 5.6 mi | $750 (±$213) | Lower |
| McPherson Township | 6.9 mi | $883 (±$310) | Lower |
Nearby places with a measurably lower figure: Le Ray Township, MN ($734), Madison Lake, MN ($596), Jamestown Township, MN ($1,146).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Blue Earth County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Pemberton | $1,714 (±$84) |
| 2 | Eagle Lake | $1,403 (±$63) |
| 3 | Decoria Township | $1,375 (±$70) |
| 4 | Cambria Township | $1,362 (±$24) |
| 5 | Vernon Center Township | $1,347 (±$60) |
| 6 | Mankato Township | $1,317 (±$187) |
| 7 | South Bend Township | $1,155 (±$185) |
| 8 | Jamestown Township | $1,146 (±$82) |
Showing 8 of 22 places in Blue Earth 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 Eagle Lake
What is the average rent in Eagle Lake, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in Eagle Lake is $1,403 (±$63) 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 Eagle Lake?
In Eagle Lake, the median gross rent went from $1,279 in 2015–2019 to $1,403 in 2020–2024 (+9.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Eagle Lake cost more than $2,000 a month?
4.3% of rented homes in Eagle Lake have a gross rent of $2,000 or more a month, and 1.8% cost less than $500.
Is rent in Eagle Lake higher than in Blue Earth County?
In Eagle Lake, median gross rent is higher than in Blue Earth County ($1,123).
It is also higher than in Minnesota ($1,280).
It is not measurably different from 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Eagle Lake city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Eagle Lake city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Eagle Lake 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) for Eagle Lake city, Minnesota (place:17378, 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.
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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- Heating fuel in Eagle Lake
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- Population growth in Eagle Lake
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- Minnesota landlord and tenant rules
- Housing across Blue Earth County
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