What is the median rent in Lanesboro, MN?

The median gross rent in Lanesboro, MN is $518 (±$114) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 111 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lanesboro, the median gross rent went from $525 in 2015–2019 to $518 in 2020–2024 (−1.3%).

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
$518 (±$114)
Rented homes
111 (±39)
$2,000 or more
0.0%
Since 2015–2019
−1.3%

How much rent costs in Lanesboro

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentLanesboroFillmore CountyMinnesotaUnited States
Less than $50045.0% (±19.7 points)17.9%8.4%6.3%
$500 to $99938.7% (±16.8 points)54.6%21.5%20.2%
$1,000 to $1,49914.4% (±9.9 points)18.2%33.6%28.1%
$1,500 to $1,9991.8% (±3.1 points)7.9%21.4%21.1%
$2,000 to $2,4990.0% (±18.2 points)0.2%9.2%12.0%
$2,500 to $2,9990.0% (±18.2 points)1.2%3.0%5.5%
$3,000 or more0.0% (±18.2 points)0.0%3.0%6.8%

The most common range is Less than $500, paid by 45.0% of renting households.

0.0% of rented homes in Lanesboro cost $2,000 or more a month.

Lanesboro against Fillmore County, its state and the nation

Estimate (90% margin of error)
LanesboroFillmore CountyMinnesotaUnited States
Median gross rent$518 (±$114)$797 (±$32)$1,280 (±$7)$1,413
Rented homes paying rent111 (±39)1,316 (±134)614,257 (±4,397)42,849,984

In Lanesboro, median gross rent is lower than in Fillmore County ($797).

It is also lower than in Minnesota ($1,280).

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

In Fillmore County, Lanesboro ranks 29 of 30 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 1312 of 1,347.

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

How rent in Lanesboro has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$525 (±$45)$518 (±$114)−1.3%No measurable change after inflation
Households that rent20.1% (±4.6 points)31.4% (±8.5 points)+11.3 percentage pointsMeasurable increase
Rental vacancy rate25.6% (±17.1 points)0.0% (±17.1 points)−25.6 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 Lanesboro

Nearest places with a published estimate, compared with Lanesboro
PlaceDistanceMedian gross rentCompared with this place
Lanesboro—$518 (±$114)—
Carrolton Township2.2 mi$1,031 (±$182)Higher
Holt Township (Fillmore County)3.8 mi$625 (±$348)Not measurably different
Preston6.3 mi$769 (±$71)Higher
Pilot Mound Township6.5 mi$575 (±$558)Not measurably different
Amherst Township6.6 mi$939 (±$39)Higher
Fountain8.4 mi$630 (±$145)Not measurably different
Peterson8.6 mi$650 (±$359)Not measurably different
Fountain Township9.0 mi$779 (±$11)Higher

Nearby places with a measurably higher figure: Carrolton Township, MN ($1,031), Preston, MN ($769), Amherst Township, MN ($939).

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

Median gross rent across Fillmore County, place by place

RankPlaceMedian gross rent
23Canton Township$638 (±$60)
24Fountain$630 (±$145)
25Holt Township (Fillmore County)$625 (±$348)
26Canton$610 (±$45)
27Pilot Mound Township$575 (±$558)
28Bristol Township$564 (±$20)
29Lanesboro$518 (±$114)
30Harmony Township$480 (±$223)

Showing 8 of 30 places in Fillmore 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 Lanesboro

What is the average rent in Lanesboro, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Lanesboro is $518 (±$114) 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 Lanesboro?

In Lanesboro, the median gross rent went from $525 in 2015–2019 to $518 in 2020–2024 (−1.3%).

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 Lanesboro cost more than $2,000 a month?

0.0% of rented homes in Lanesboro have a gross rent of $2,000 or more a month, and 45.0% cost less than $500.

Is rent in Lanesboro higher than in Fillmore County?

In Lanesboro, median gross rent is lower than in Fillmore County ($797).

It is also lower than in 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 Lanesboro city, Minnesota (place:35450, 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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