What percentage of people rent in Perham, MN?
47.4% (±9.1 points) of the occupied homes in Perham, MN are rented (2020–2024 American Community Survey).
That is 720 renting households against 799 that own their home.
In Perham, the share of households that rent went from 42.0% in 2015–2019 to 47.4% in 2020–2024 (+5.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 47.4% (±9.1 points)
- Renting households
- 720 (±159)
- Median renter income
- $31,280 (±$11,096)
Who rents and who owns in Perham
| Perham | Otter Tail County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 47.4% (±9.1 points) | 20.5% (±1.5 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 720 (±159) | 5,161 (±401) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 799 (±164) | 19,996 (±439) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 1.8 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.4) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $31,280 (±$11,096) | $36,830 (±$2,912) | $51,080 (±$531) | $52,966 |
| Median owner household income | $69,617 (±$17,242) | $85,697 (±$2,011) | $108,214 (±$476) | $100,009 |
In Perham, the renter share is higher than in Otter Tail County (20.5%).
It is also higher than in Minnesota (27.8%).
It is higher than the national figure (34.8%).
In Otter Tail County, Perham ranks 2 of 82 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 39 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Perham has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 42.0% (±6.9 points) | 47.4% (±9.1 points) | +5.4 percentage points | Not a measurable change |
| Median gross rent | $705 (±$95) | $855 (±$136) | +21.3% | No measurable change after inflation |
| Median household income | $46,128 (±$4,213) | $49,716 (±$8,242) | +7.8% | 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 Perham
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Perham | — | 47.4% (±9.1 points) | — |
| Perham Township | 1.5 mi | 4.9% (±3.5 points) | Lower |
| Pine Lake Township (Otter Tail County) | 5.0 mi | 6.3% (±4.2 points) | Lower |
| Edna Township | 5.5 mi | 8.6% (±4.3 points) | Lower |
| Gorman Township | 5.6 mi | 6.3% (±3.5 points) | Lower |
| Richville | 6.9 mi | 50.0% (±33.6 points) | Not measurably different |
| Rush Lake Township | 6.9 mi | 9.8% (±4.1 points) | Lower |
| Corliss Township | 7.4 mi | 5.1% (±5.9 points) | Lower |
| Dent | 7.4 mi | 16.7% (±12.1 points) | Lower |
Nearby places with a measurably lower figure: Perham Township, MN (4.9%), Pine Lake Township (Otter Tail County), MN (6.3%), Edna Township, MN (8.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Otter Tail County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Richville | 50.0% (±33.6 points) |
| 2 | Perham | 47.4% (±9.1 points) |
| 3 | New York Mills | 41.4% (±6.3 points) |
| 4 | Henning | 40.9% (±8.7 points) |
| 5 | Battle Lake | 38.1% (±8.0 points) |
| 6 | Pelican Rapids | 36.1% (±10.0 points) |
| 7 | Fergus Falls | 35.9% (±4.2 points) |
| 8 | Vergas | 29.5% (±7.7 points) |
Showing 8 of 82 places in Otter Tail 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 Perham
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Questions about Perham
How many renters are there in Perham?
Perham has an estimated 720 (±159) renting households, 47.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Perham?
In Perham, the share of households that rent went from 42.0% in 2015–2019 to 47.4% in 2020–2024 (+5.4 percentage points), not a measurable change.
How big are renting households in Perham?
A renting household in Perham has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in Perham?
The median renting household in Perham, MN has an income of $31,280 (±$11,096) a year, against $69,617 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Perham city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Perham city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Perham city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Perham city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Perham 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) and detailed tables (acs/acs5) for Perham city, Minnesota (place:50470, 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.
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.
Figures last updated on .
Related
- Housing in Perham at a glance
- Median rent in Perham
- Rent by bedrooms in Perham
- Rent burden in Perham
- Income and affordability in Perham
- Home values in Perham
- Homeowner costs in Perham
- Property taxes in Perham
- Types of homes in Perham
- Bedrooms in Perham
- Age of homes in Perham
- Heating fuel in Perham
- Commute and cars in Perham
- Crime reported to police in Perham
- Population growth in Perham
- How long people stay in Perham
- Minnesota landlord and tenant rules
- Housing across Otter Tail County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota