What percentage of people rent in Hastings, MN?
23.6% (±2.9 points) of the occupied homes in Hastings, MN are rented (2020–2024 American Community Survey).
That is 2,124 renting households against 6,861 that own their home.
In Hastings, the share of households that rent went from 30.9% in 2015–2019 to 23.6% in 2020–2024 (−7.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 23.6% (±2.9 points)
- Renting households
- 2,124 (±280)
- Median renter income
- $52,267 (±$9,433)
Who rents and who owns in Hastings
| Hastings | Dakota County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.6% (±2.9 points) | 25.1% (±0.6 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 2,124 (±280) | 43,687 (±1,026) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 6,861 (±330) | 130,675 (±1,057) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 2.1 (±0.0) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $52,267 (±$9,433) | $60,763 (±$2,526) | $51,080 (±$531) | $52,966 |
| Median owner household income | $109,205 (±$3,233) | $125,301 (±$2,231) | $108,214 (±$476) | $100,009 |
In Hastings, the renter share is not measurably different from Dakota County (25.1%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Dakota County, Hastings ranks 8 of 33 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 441 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hastings has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.9% (±2.8 points) | 23.6% (±2.9 points) | −7.3 percentage points | Measurable decrease |
| Median gross rent | $950 (±$41) | $1,183 (±$74) | +24.5% | No measurable change after inflation |
| Median household income | $71,264 (±$3,657) | $93,998 (±$5,229) | +31.9% | 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 Hastings
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hastings | — | 23.6% (±2.9 points) | — |
| Nininger Township | 3.4 mi | 5.3% (±4.8 points) | Lower |
| Prescott | 3.5 mi | 37.4% (±9.1 points) | Higher |
| Marshan Township | 5.1 mi | 9.1% (±4.9 points) | Lower |
| Ravenna Township | 5.1 mi | 0.6% (±0.8 points) | Lower |
| Denmark Township | 5.3 mi | 4.2% (±2.8 points) | Lower |
| Cottage Grove | 6.4 mi | 11.8% (±1.9 points) | Lower |
| Vermillion | 6.9 mi | 8.6% (±6.6 points) | Lower |
| Grey Cloud Island Township | 8.4 mi | 2.8% (±6.6 points) | Lower |
Nearby places with a measurably lower figure: Nininger Township, MN (5.3%), Marshan Township, MN (9.1%), Ravenna Township, MN (0.6%).
Nearby places with a measurably higher figure: Prescott, WI (37.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Dakota County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | West St. Paul | 42.8% (±3.9 points) |
| 3 | Burnsville | 35.3% (±1.9 points) |
| 4 | Coates | 34.4% (±17.9 points) |
| 5 | Eagan | 32.3% (±1.8 points) |
| 6 | South St. Paul | 30.3% (±3.9 points) |
| 7 | Apple Valley | 26.6% (±1.6 points) |
| 8 | Hastings | 23.6% (±2.9 points) |
| 9 | Inver Grove Heights | 23.1% (±2.4 points) |
| 10 | Mendota | 22.7% (±12.1 points) |
| 11 | Mendota Heights | 21.3% (±4.3 points) |
| 12 | Randolph | 20.8% (±12.2 points) |
| 13 | New Trier | 15.6% (±11.0 points) |
| 14 | Farmington | 13.5% (±2.6 points) |
Showing 13 of 33 places in Dakota 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 Hastings
How many renters are there in Hastings?
Hastings has an estimated 2,124 (±280) renting households, 23.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hastings?
In Hastings, the share of households that rent went from 30.9% in 2015–2019 to 23.6% in 2020–2024 (−7.3 percentage points), a measurable decrease.
How big are renting households in Hastings?
A renting household in Hastings has 1.8 people on average, against 2.6 in an owned home.
How much do renters earn in Hastings?
The median renting household in Hastings, MN has an income of $52,267 (±$9,433) a year, against $109,205 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hastings city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hastings city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hastings city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hastings city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hastings 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 Hastings city, Minnesota (place:27530, 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
- Housing in Hastings at a glance
- Median rent in Hastings
- Rent by bedrooms in Hastings
- Rent burden in Hastings
- Income and affordability in Hastings
- Home values in Hastings
- Homeowner costs in Hastings
- Property taxes in Hastings
- Types of homes in Hastings
- Bedrooms in Hastings
- Age of homes in Hastings
- Vacancy rate in Hastings
- Heating fuel in Hastings
- Commute and cars in Hastings
- Crime reported to police in Hastings
- Population growth in Hastings
- How long people stay in Hastings
- Crowding and facilities in Hastings
- Minnesota landlord and tenant rules
- Housing across Dakota County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota