What is the median rent in Nicollet, MN?

Name: Median rent in Nicollet, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Nicollet, MN is $855 (±$67) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 124 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Nicollet, the median gross rent went from $742 in 2015–2019 to $855 in 2020–2024 (+15.2%).

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 November 12, 2026.

Median gross rent: $855 (±$67)
Rented homes: 124 (±46)
$2,000 or more: 0.0%
Since 2015–2019: +15.2%

How much rent costs in Nicollet

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Nicollet	Nicollet County	Minnesota	United States
Less than $500	4.0% (±4.9 points)	6.2%	8.4%	6.3%
$500 to $999	56.5% (±15.7 points)	50.3%	21.5%	20.2%
$1,000 to $1,499	13.7% (±10.6 points)	33.7%	33.6%	28.1%
$1,500 to $1,999	25.8% (±20.1 points)	6.0%	21.4%	21.1%
$2,000 to $2,499	0.0% (±16.5 points)	2.0%	9.2%	12.0%
$2,500 to $2,999	0.0% (±16.5 points)	1.9%	3.0%	5.5%
$3,000 or more	0.0% (±16.5 points)	0.0%	3.0%	6.8%

The most common range is $500 to $999, paid by 56.5% of renting households.

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

Nicollet against Nicollet County, its state and the nation

Estimate (90% margin of error)
	Nicollet	Nicollet County	Minnesota	United States
Median gross rent	$855 (±$67)	$970 (±$26)	$1,280 (±$7)	$1,413
Rented homes paying rent	124 (±46)	3,473 (±284)	614,257 (±4,397)	42,849,984

In Nicollet, median gross rent is lower than in Nicollet County ($970).

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

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

In Nicollet County, Nicollet ranks 10 of 11 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 869 of 1,347.

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

How rent in Nicollet has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$742 (±$74)	$855 (±$67)	+15.2%	No measurable change after inflation
Households that rent	24.7% (±5.4 points)	34.3% (±8.9 points)	+9.6 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±14.1 points)	7.0% (±10.4 points)	+7.0 percentage points	Not a measurable change

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 Nicollet

Nearest places with a published estimate, compared with Nicollet
Place	Distance	Median gross rent	Compared with this place
Nicollet	—	$855 (±$67)	—
Cambria Township	7.4 mi	$1,362 (±$24)	Higher
Courtland	7.6 mi	$1,066 (±$570)	Not measurably different
Belgrade Township	7.7 mi	$1,393 (±$50)	Higher
Traverse Township	8.0 mi	$2,227 (±$102)	Higher
North Mankato	9.7 mi	$973 (±$35)	Higher
New Sweden Township	9.8 mi	$1,646 (±$663)	Higher
South Bend Township	10 mi	$1,155 (±$185)	Higher
Kasota	11 mi	$692 (±$141)	Lower

Nearby places with a measurably lower figure: Kasota, MN ($692).

Nearby places with a measurably higher figure: Cambria Township, MN ($1,362), Belgrade Township, MN ($1,393), Traverse Township, MN ($2,227).

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

Median gross rent across Nicollet County, place by place

Rank	Place	Median gross rent
4	West Newton Township	$1,125 (±$1,024)
5	Courtland	$1,066 (±$570)
6	Lafayette	$980 (±$158)
7	Lake Prairie Township	$975 (±$580)
8	North Mankato	$973 (±$35)
9	St. Peter	$961 (±$46)
10	Nicollet	$855 (±$67)
11	Lafayette Township	$814 (±$128)

Showing 8 of 11 places in Nicollet 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 Nicollet

What is the average rent in Nicollet, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Nicollet is $855 (±$67) 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 Nicollet?

In Nicollet, the median gross rent went from $742 in 2015–2019 to $855 in 2020–2024 (+15.2%).

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 Nicollet cost more than $2,000 a month?

0.0% of rented homes in Nicollet have a gross rent of $2,000 or more a month, and 4.0% cost less than $500.

Is rent in Nicollet higher than in Nicollet County?

In Nicollet, median gross rent is lower than in Nicollet County ($970).

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 Nicollet city, Minnesota (place:46150, 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.