What percentage of people rent in Granite Falls, MN?

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

25.5% (±5.2 points) of the occupied homes in Granite Falls, MN are rented (2020–2024 American Community Survey).

That is 316 renting households against 923 that own their home.

In Granite Falls, the share of households that rent went from 35.7% in 2015–2019 to 25.5% in 2020–2024 (−10.2 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 25.5% (±5.2 points)
Renting households: 316 (±76)

Who rents and who owns in Granite Falls

Tenure, estimate (90% margin of error)
	Granite Falls	Yellow Medicine County	Minnesota	United States
Renter-occupied share	25.5% (±5.2 points)	16.0% (±2.0 points)	27.8% (±0.2 points)	34.8%
Renting households	316 (±76)	651 (±89)	641,268 (±4,528)	45,017,354
Owning households	923 (±84)	3,419 (±98)	1,666,687 (±7,556)	84,210,142
Average renter household size	2.0 (±0.3)	2.0 (±0.2)	2.0 (±0.0)	2.3
Average owner household size	2.1 (±0.2)	2.3 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	—	$40,188 (±$6,452)	$51,080 (±$531)	$52,966
Median owner household income	$65,824 (±$5,926)	$81,639 (±$4,853)	$108,214 (±$476)	$100,009

In Granite Falls, the renter share is higher than in Yellow Medicine County (16.0%).

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

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

In Yellow Medicine County, Granite Falls ranks 5 of 30 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 383 of 2,628.

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

How renting in Granite Falls 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	35.7% (±4.8 points)	25.5% (±5.2 points)	−10.2 percentage points	Measurable decrease
Median gross rent	$583 (±$61)	$920 (±$172)	+57.8%	Up after inflation
Median household income	$58,690 (±$13,158)	$59,375 (±$4,959)	+1.2%	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 Granite Falls

Nearest places with a published estimate, compared with Granite Falls
Place	Distance	Households that rent	Compared with this place
Granite Falls	—	25.5% (±5.2 points)	—
Granite Falls Township	3.2 mi	21.0% (±11.5 points)	Not measurably different
Minnesota Falls Township	3.8 mi	17.4% (±9.1 points)	Not measurably different
Stony Run Township	6.0 mi	5.8% (±6.5 points)	Lower
Wang Township	6.5 mi	3.1% (±3.2 points)	Lower
Hazel Run Township	6.8 mi	3.0% (±4.2 points)	Lower
Hawk Creek Township	6.9 mi	0.0% (±31.0 points)	Not measurably different
Maynard	7.7 mi	27.8% (±12.8 points)	Not measurably different
Leenthrop Township	8.3 mi	3.9% (±4.3 points)	Lower

Nearby places with a measurably lower figure: Stony Run Township, MN (5.8%), Wang Township, MN (3.1%), Hazel Run Township, MN (3.0%).

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

Households that rent across Yellow Medicine County, place by place

Rank	Place	Households that rent
1	Hazel Run	56.5% (±28.8 points)
2	Hanley Falls	49.5% (±14.6 points)
3	Porter	28.6% (±9.9 points)
4	St. Leo	27.0% (±20.1 points)
5	Granite Falls	25.5% (±5.2 points)
6	Fortier Township	22.2% (±17.4 points)
7	Clarkfield	21.3% (±6.2 points)
8	Canby	20.8% (±5.5 points)
9	Hammer Township	18.1% (±21.9 points)
10	Minnesota Falls Township	17.4% (±9.1 points)
11	Wood Lake	15.1% (±8.1 points)

Showing 11 of 30 places in Yellow Medicine 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.

What you can do on Seayora in Granite Falls

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Granite Falls, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Granite Falls beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Granite Falls, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Granite Falls

How many renters are there in Granite Falls?

Granite Falls has an estimated 316 (±76) renting households, 25.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Granite Falls?

In Granite Falls, the share of households that rent went from 35.7% in 2015–2019 to 25.5% in 2020–2024 (−10.2 percentage points), a measurable decrease.

How big are renting households in Granite Falls?

A renting household in Granite Falls has 2.0 people on average, against 2.1 in an owned 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 Granite Falls city, Minnesota (place:25280, 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.