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
| Monthly gross rent | Hector | Renville County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 7.8% (±8.9 points) | 15.1% | 8.4% | 6.3% |
| $500 to $999 | 27.8% (±14.5 points) | 49.9% | 21.5% | 20.2% |
| $1,000 to $1,499 | 31.3% (±14.9 points) | 22.2% | 33.6% | 28.1% |
| $1,500 to $1,999 | 14.8% (±17.5 points) | 8.0% | 21.4% | 21.1% |
| $2,000 to $2,499 | 0.0% (±17.7 points) | 1.8% | 9.2% | 12.0% |
| $2,500 to $2,999 | 7.8% (±9.8 points) | 1.8% | 3.0% | 5.5% |
| $3,000 or more | 10.4% (±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
| Hector | Renville County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $1,125 (±$159) | $790 (±$42) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 115 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $817 (±$217) | $1,125 (±$159) | +37.7% | No measurable change after inflation |
| Households that rent | 19.6% (±6.1 points) | 26.1% (±7.7 points) | +6.5 percentage points | Not a measurable change |
| Rental vacancy rate | 40.1% (±15.8 points) | 0.0% (±16.1 points) | −40.1 percentage points | Measurable 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
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Hector | — | $1,125 (±$159) | — |
| Buffalo Lake | 4.7 mi | $759 (±$187) | Lower |
| Grafton Township | 8.2 mi | $790 (±$45) | Lower |
| Brookfield Township | 8.5 mi | $1,113 (±$32) | Not measurably different |
| Bird Island | 9.1 mi | $617 (±$72) | Lower |
| Boon Lake Township | 10 mi | $1,063 (±$872) | Not measurably different |
| Wellington Township | 10 mi | $675 (±$58) | Lower |
| Stewart | 11 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
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Sacred Heart Township | $1,313 (±$114) |
| 2 | Hector | $1,125 (±$159) |
| 3 | Brookfield Township | $1,113 (±$32) |
| 4 | Troy Township (Renville County) | $1,109 (±$28) |
| 5 | Boon Lake Township | $1,063 (±$872) |
| 6 | Winfield Township | $950 (±$101) |
| 7 | Danube | $912 (±$78) |
| 8 | Franklin | $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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hector city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hector city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hector 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 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.
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 .
Related
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- Rent burden in Hector
- Renters and owners in Hector
- Income and affordability in Hector
- Home values in Hector
- Homeowner costs in Hector
- Property taxes in Hector
- Types of homes in Hector
- Bedrooms in Hector
- Age of homes in Hector
- Heating fuel in Hector
- Commute and cars in Hector
- Population growth in Hector
- How long people stay in Hector
- Minnesota landlord and tenant rules
- Housing across Renville County
- Minnesota places ranked by median rent
- Housing data for every place in Minnesota