What is the median rent in Pine Island, MN?
The median gross rent in Pine Island, MN is $1,110 (±$63) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 270 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Pine Island, the median gross rent went from $644 in 2015–2019 to $1,110 in 2020–2024 (+72.4%).
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
- $1,110 (±$63)
- Rented homes
- 270 (±116)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +72.4%
How much rent costs in Pine Island
| Monthly gross rent | Pine Island | Goodhue County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 4.1% (±6.0 points) | 13.8% | 8.4% | 6.3% |
| $500 to $999 | 23.0% (±18.9 points) | 39.9% | 21.5% | 20.2% |
| $1,000 to $1,499 | 57.0% (±25.1 points) | 32.6% | 33.6% | 28.1% |
| $1,500 to $1,999 | 15.9% (±11.5 points) | 9.1% | 21.4% | 21.1% |
| $2,000 to $2,499 | 0.0% (±8.0 points) | 3.1% | 9.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±8.0 points) | 1.2% | 3.0% | 5.5% |
| $3,000 or more | 0.0% (±8.0 points) | 0.3% | 3.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 57.0% of renting households.
0.0% of rented homes in Pine Island cost $2,000 or more a month.
Pine Island against Goodhue County, its state and the nation
| Pine Island | Goodhue County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $1,110 (±$63) | $966 (±$51) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 270 (±116) | 3,885 (±432) | 614,257 (±4,397) | 42,849,984 |
In Pine Island, median gross rent is higher than in Goodhue County ($966).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
In Goodhue County, Pine Island ranks 14 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 480 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Pine Island has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $644 (±$258) | $1,110 (±$63) | +72.4% | No measurable change after inflation |
| Households that rent | 28.2% (±5.4 points) | 19.9% (±8.6 points) | −8.3 percentage points | Not a measurable change |
| Rental vacancy rate | 4.8% (±6.9 points) | 0.0% (±8.0 points) | −4.8 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 Pine Island
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Pine Island | — | $1,110 (±$63) | — |
| Oronoco | 5.2 mi | $1,100 (±$195) | Not measurably different |
| Roscoe Township | 6.0 mi | $1,114 (±$34) | Not measurably different |
| Milton Township | 6.3 mi | $983 (±$693) | Not measurably different |
| Mazeppa Township | 6.7 mi | $1,075 (±$74) | Not measurably different |
| Mazeppa | 6.8 mi | $943 (±$510) | Not measurably different |
| Zumbrota | 7.1 mi | $834 (±$26) | Lower |
| Zumbrota Township | 9.0 mi | $1,356 (±$238) | Not measurably different |
| Kalmar Township | 9.0 mi | $994 (±$579) | Not measurably different |
Nearby places with a measurably lower figure: Zumbrota, MN ($834).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Goodhue County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 8 | Florence Township | $1,275 (±$568) |
| 9 | Featherstone Township | $1,198 (±$630) |
| 10 | Cannon Falls | $1,161 (±$236) |
| 11 | Welch Township | $1,150 (±$1,119) |
| 12 | Belvidere Township | $1,125 (±$233) |
| 13 | Roscoe Township | $1,114 (±$34) |
| 14 | Pine Island | $1,110 (±$63) |
| 15 | Wanamingo Township | $986 (±$123) |
| 16 | Leon Township (Goodhue County) | $979 (±$189) |
| 17 | Stanton Township | $970 (±$798) |
| 18 | Red Wing | $969 (±$54) |
| 19 | Bellechester | $940 (±$98) |
| 20 | Goodhue | $936 (±$269) |
Showing 13 of 24 places in Goodhue 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 Pine Island
What is the average rent in Pine Island, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in Pine Island is $1,110 (±$63) 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 Pine Island?
In Pine Island, the median gross rent went from $644 in 2015–2019 to $1,110 in 2020–2024 (+72.4%).
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 Pine Island cost more than $2,000 a month?
0.0% of rented homes in Pine Island have a gross rent of $2,000 or more a month, and 4.1% cost less than $500.
Is rent in Pine Island higher than in Goodhue County?
In Pine Island, median gross rent is higher than in Goodhue County ($966).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pine Island city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pine Island city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pine Island 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 Pine Island city, Minnesota (place:51136, 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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- Income and affordability in Pine Island
- Home values in Pine Island
- Homeowner costs in Pine Island
- Property taxes in Pine Island
- Types of homes in Pine Island
- Bedrooms in Pine Island
- Age of homes in Pine Island
- Heating fuel in Pine Island
- Commute and cars in Pine Island
- Population growth in Pine Island
- How long people stay in Pine Island
- Crowding and facilities in Pine Island
- Minnesota landlord and tenant rules
- Housing across Goodhue County
- Minnesota places ranked by median rent
- Housing data for every place in Minnesota