What is the rental vacancy rate in Redwood Falls, MN?

The rental vacancy rate in Redwood Falls, MN is 17.2% (±10.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.9% (±1.3 points).

303 (±115) homes, 12.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Redwood Falls, the rental vacancy rate went from 10.0% in 2015–2019 to 17.2% in 2020–2024 (+7.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
17.2% (±10.8 points)
Homeowner vacancy rate
0.9% (±1.3 points)
Vacant homes
303 (±115)

Vacancy in Redwood Falls against Redwood County, its state and the nation

Estimate (90% margin of error)
Redwood FallsRedwood CountyMinnesotaUnited States
Rental vacancy rate17.2% (±10.8 points)12.9% (±6.2 points)5.3% (±0.3 points)5.5%
Homeowner vacancy rate0.9% (±1.3 points)1.5% (±0.6 points)0.6% (±0.1 points)0.9%
Vacant housing units303 (±115)817 (±128)237,075 (±4,795)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Redwood Falls, the rental vacancy rate is not measurably different from Redwood County (12.9%).

It is also higher than in Minnesota (5.3%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Redwood Falls

Nearest places with a published estimate, compared with Redwood Falls
PlaceDistanceRental vacancy rateCompared with this place
Redwood Falls—17.2% (±10.8 points)—
Paxton Township3.6 mi0.0% (±52.6 points)Not measurably different
Beaver Falls Township4.1 mi0.0% (±100.0 points)Not measurably different
Delhi Township5.0 mi6.7% (±15.1 points)Not measurably different
Redwood Falls Township5.3 mi40.0% (±31.7 points)Not measurably different
Morton5.8 mi0.0% (±36.7 points)Not measurably different
Delhi6.5 mi0.0% (±100.0 points)Not measurably different
Birch Cooley Township8.1 mi0.0% (±100.0 points)Not measurably different
Flora Township8.8 mi0.0% (±78.0 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Redwood County, place by place

RankPlaceRental vacancy rate
1Redwood Falls Township40.0% (±31.7 points)
2Belview27.4% (±16.3 points)
3Milroy17.6% (±33.7 points)
4Redwood Falls17.2% (±10.8 points)
5Swedes Forest Township16.7% (±35.3 points)
6Wabasso10.6% (±14.3 points)
7Morgan8.9% (±13.6 points)
8Lucan8.5% (±14.8 points)
9Delhi Township6.7% (±15.1 points)
10Lamberton6.6% (±7.3 points)

Showing 10 of 37 places in Redwood 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 Redwood Falls

Is it hard to find a rental in Redwood Falls?

The rental vacancy rate in Redwood Falls, MN is 17.2% (±10.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Redwood Falls tighter than it was?

In Redwood Falls, the rental vacancy rate went from 10.0% in 2015–2019 to 17.2% in 2020–2024 (+7.2 percentage points), not a measurable change.

How many homes are vacant in Redwood Falls?

An estimated 303 (±115) housing units, 12.1% of the total, including seasonal homes and homes waiting to be sold or rented.

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 Redwood Falls city, Minnesota (place:53656, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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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