What percentage of people rent in Edina, MN?
27.6% (±2.0 points) of the occupied homes in Edina, MN are rented (2020–2024 American Community Survey).
That is 6,328 renting households against 16,586 that own their home.
In Edina, the share of households that rent went from 29.2% in 2015–2019 to 27.6% in 2020–2024 (−1.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 27.6% (±2.0 points)
- Renting households
- 6,328 (±499)
- Median renter income
- $70,519 (±$7,817)
Who rents and who owns in Edina
| Edina | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.6% (±2.0 points) | 37.3% (±0.4 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 6,328 (±499) | 201,230 (±2,434) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 16,586 (±581) | 338,263 (±2,240) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.8 (±0.1) | 2.0 (±0.0) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $70,519 (±$7,817) | $59,890 (±$1,200) | $51,080 (±$531) | $52,966 |
| Median owner household income | $174,669 (±$11,742) | $130,886 (±$1,463) | $108,214 (±$476) | $100,009 |
In Edina, the renter share is lower than in Hennepin County (37.3%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Hennepin County, Edina ranks 18 of 42 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 326 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Edina has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.2% (±1.5 points) | 27.6% (±2.0 points) | −1.6 percentage points | Not a measurable change |
| Median gross rent | $1,404 (±$55) | $1,844 (±$60) | +31.3% | Up after inflation |
| Median household income | $104,244 (±$4,908) | $128,767 (±$7,641) | +23.5% | 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 Edina
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Edina | — | 27.6% (±2.0 points) | — |
| Hopkins | 3.2 mi | 63.5% (±4.1 points) | Higher |
| Richfield | 4.0 mi | 38.4% (±2.5 points) | Higher |
| St. Louis Park | 4.0 mi | 42.2% (±1.9 points) | Higher |
| Bloomington | 4.8 mi | 34.3% (±1.7 points) | Higher |
| Minnetonka | 5.5 mi | 28.4% (±1.8 points) | Not measurably different |
| Eden Prairie | 5.6 mi | 23.9% (±1.9 points) | Lower |
| Minneapolis | 6.7 mi | 52.3% (±0.8 points) | Higher |
| Golden Valley | 6.8 mi | 29.3% (±3.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Eden Prairie, MN (23.9%).
Nearby places with a measurably higher figure: Hopkins, MN (63.5%), Richfield, MN (38.4%), St. Louis Park, MN (42.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hennepin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 12 | Brooklyn Center | 36.4% (±3.5 points) |
| 13 | Bloomington | 34.3% (±1.7 points) |
| 14 | Brooklyn Park | 29.7% (±2.8 points) |
| 15 | Golden Valley | 29.3% (±3.8 points) |
| 16 | Robbinsdale | 29.0% (±3.9 points) |
| 17 | Minnetonka | 28.4% (±1.8 points) |
| 18 | Edina | 27.6% (±2.0 points) |
| 19 | Long Lake | 25.5% (±5.7 points) |
| 20 | Mound | 25.0% (±6.4 points) |
| 21 | Plymouth | 24.9% (±1.7 points) |
| 22 | Eden Prairie | 23.9% (±1.9 points) |
| 23 | Crystal | 23.1% (±2.7 points) |
| 24 | Medicine Lake | 18.8% (±9.3 points) |
Showing 13 of 42 places in Hennepin 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 Edina
How many renters are there in Edina?
Edina has an estimated 6,328 (±499) renting households, 27.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Edina?
In Edina, the share of households that rent went from 29.2% in 2015–2019 to 27.6% in 2020–2024 (−1.6 percentage points), not a measurable change.
How big are renting households in Edina?
A renting household in Edina has 1.8 people on average, against 2.5 in an owned home.
How much do renters earn in Edina?
The median renting household in Edina, MN has an income of $70,519 (±$7,817) a year, against $174,669 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edina city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Edina city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Edina city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edina city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Edina 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 Edina city, Minnesota (place:18188, 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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- Median rent in Edina
- Rent by bedrooms in Edina
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- Home values in Edina
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- Property taxes in Edina
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- Bedrooms in Edina
- Age of homes in Edina
- Vacancy rate in Edina
- Heating fuel in Edina
- Commute and cars in Edina
- Crime reported to police in Edina
- Population growth in Edina
- How long people stay in Edina
- Crowding and facilities in Edina
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota