What percentage of people rent in Otsego, MN?

Name: Renters and owners in Otsego, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

7.3% (±2.7 points) of the occupied homes in Otsego, MN are rented (2020–2024 American Community Survey).

That is 551 renting households against 6,967 that own their home.

In Otsego, the share of households that rent went from 8.3% in 2015–2019 to 7.3% in 2020–2024 (−1.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 7.3% (±2.7 points)
Renting households: 551 (±204)
Median renter income: $78,113 (±$23,007)

Who rents and who owns in Otsego

Tenure, estimate (90% margin of error)
	Otsego	Wright County	Minnesota	United States
Renter-occupied share	7.3% (±2.7 points)	15.9% (±1.3 points)	27.8% (±0.2 points)	34.8%
Renting households	551 (±204)	8,590 (±680)	641,268 (±4,528)	45,017,354
Owning households	6,967 (±390)	45,420 (±769)	1,666,687 (±7,556)	84,210,142
Average renter household size	2.3 (±0.5)	2.2 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	3.0 (±0.2)	2.8 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$78,113 (±$23,007)	$60,350 (±$5,243)	$51,080 (±$531)	$52,966
Median owner household income	$127,068 (±$10,085)	$119,057 (±$3,211)	$108,214 (±$476)	$100,009

In Otsego, the renter share is lower than in Wright County (15.9%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Wright County, Otsego ranks 20 of 34 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1599 of 2,628.

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

How renting in Otsego has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	8.3% (±3.6 points)	7.3% (±2.7 points)	−1.0 percentage points	Not a measurable change
Median gross rent	$1,362 (±$79)	$1,765 (±$184)	+29.6%	No measurable change after inflation
Median household income	$105,290 (±$9,014)	$119,927 (±$12,286)	+13.9%	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 Otsego

Nearest places with a published estimate, compared with Otsego
Place	Distance	Households that rent	Compared with this place
Otsego	—	7.3% (±2.7 points)	—
Albertville	2.8 mi	11.8% (±4.9 points)	Not measurably different
Elk River	5.4 mi	20.8% (±4.2 points)	Higher
St. Michael	5.6 mi	9.9% (±3.1 points)	Not measurably different
Rogers	6.0 mi	15.1% (±4.3 points)	Higher
Big Lake Township	7.1 mi	5.4% (±3.3 points)	Not measurably different
Hanover	7.6 mi	7.0% (±5.2 points)	Not measurably different
Big Lake	8.0 mi	13.1% (±3.8 points)	Higher
Ramsey	8.2 mi	15.0% (±2.5 points)	Higher

Nearby places with a measurably higher figure: Elk River, MN (20.8%), Rogers, MN (15.1%), Big Lake, MN (13.1%).

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

Households that rent across Wright County, place by place

Rank	Place	Households that rent
14	Albertville	11.8% (±4.9 points)
15	Woodland Township	11.6% (±8.1 points)
16	Rockford Township	11.4% (±11.7 points)
17	St. Michael	9.9% (±3.1 points)
18	Corinna Township	9.1% (±4.8 points)
19	Middleville Township	7.7% (±4.1 points)
20 (tie)	Otsego	7.3% (±2.7 points)
20 (tie)	Waverly	7.3% (±3.3 points)
22 (tie)	Hanover	7.0% (±5.2 points)
22 (tie)	Stockholm Township	7.0% (±4.6 points)
24	Albion Township	6.9% (±4.9 points)
25	Cokato Township	6.5% (±4.5 points)
26	Franklin Township	5.8% (±3.1 points)

Showing 13 of 34 places in Wright 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 Otsego

How many renters are there in Otsego?

Otsego has an estimated 551 (±204) renting households, 7.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Otsego?

In Otsego, the share of households that rent went from 8.3% in 2015–2019 to 7.3% in 2020–2024 (−1.0 percentage points), not a measurable change.

How big are renting households in Otsego?

A renting household in Otsego has 2.3 people on average, against 3.0 in an owned home.

How much do renters earn in Otsego?

The median renting household in Otsego, MN has an income of $78,113 (±$23,007) a year, against $127,068 for households that own their home.

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) and detailed tables (acs/acs5) for Otsego city, Minnesota (place:49138, 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.

Request a Census API 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.