What is the median rent in Hector, MN?

The median gross rent in Hector, MN is $1,125 (±$159) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 115 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Hector, the median gross rent went from $817 in 2015–2019 to $1,125 in 2020–2024 (+37.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,125 (±$159)
Rented homes
115 (±42)
$2,000 or more
18.2%
Since 2015–2019
+37.7%

How much rent costs in Hector

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentHectorRenville CountyMinnesotaUnited States
Less than $5007.8% (±8.9 points)15.1%8.4%6.3%
$500 to $99927.8% (±14.5 points)49.9%21.5%20.2%
$1,000 to $1,49931.3% (±14.9 points)22.2%33.6%28.1%
$1,500 to $1,99914.8% (±17.5 points)8.0%21.4%21.1%
$2,000 to $2,4990.0% (±17.7 points)1.8%9.2%12.0%
$2,500 to $2,9997.8% (±9.8 points)1.8%3.0%5.5%
$3,000 or more10.4% (±12.3 points)1.2%3.0%6.8%

The most common range is $1,000 to $1,499, paid by 31.3% of renting households.

18.2% of rented homes in Hector cost $2,000 or more a month.

Hector against Renville County, its state and the nation

Estimate (90% margin of error)
HectorRenville CountyMinnesotaUnited States
Median gross rent$1,125 (±$159)$790 (±$42)$1,280 (±$7)$1,413
Rented homes paying rent115 (±42)1,031 (±109)614,257 (±4,397)42,849,984

In Hector, median gross rent is higher than in Renville County ($790).

It is not measurably different from Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Renville County, Hector ranks 2 of 18 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 448 of 1,347.

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

How rent in Hector has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$817 (±$217)$1,125 (±$159)+37.7%No measurable change after inflation
Households that rent19.6% (±6.1 points)26.1% (±7.7 points)+6.5 percentage pointsNot a measurable change
Rental vacancy rate40.1% (±15.8 points)0.0% (±16.1 points)−40.1 percentage pointsMeasurable decrease

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 Hector

Nearest places with a published estimate, compared with Hector
PlaceDistanceMedian gross rentCompared with this place
Hector—$1,125 (±$159)—
Buffalo Lake4.7 mi$759 (±$187)Lower
Grafton Township8.2 mi$790 (±$45)Lower
Brookfield Township8.5 mi$1,113 (±$32)Not measurably different
Bird Island9.1 mi$617 (±$72)Lower
Boon Lake Township10 mi$1,063 (±$872)Not measurably different
Wellington Township10 mi$675 (±$58)Lower
Stewart11 mi$763 (±$80)Lower

Nearby places with a measurably lower figure: Buffalo Lake, MN ($759), Grafton Township, MN ($790), Bird Island, MN ($617).

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

Median gross rent across Renville County, place by place

RankPlaceMedian gross rent
1Sacred Heart Township$1,313 (±$114)
2Hector$1,125 (±$159)
3Brookfield Township$1,113 (±$32)
4Troy Township (Renville County)$1,109 (±$28)
5Boon Lake Township$1,063 (±$872)
6Winfield Township$950 (±$101)
7Danube$912 (±$78)
8Franklin$838 (±$225)

Showing 8 of 18 places in Renville 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 Hector

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Questions about Hector

What is the average rent in Hector, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Hector is $1,125 (±$159) 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 Hector?

In Hector, the median gross rent went from $817 in 2015–2019 to $1,125 in 2020–2024 (+37.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Hector cost more than $2,000 a month?

18.2% of rented homes in Hector have a gross rent of $2,000 or more a month, and 7.8% cost less than $500.

Is rent in Hector higher than in Renville County?

In Hector, median gross rent is higher than in Renville County ($790).

It is not measurably different from Minnesota ($1,280).

It is lower than 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

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 Hector city, Minnesota (place:28124, 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.

Request a Census API 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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