What is the median rent in Sleepy Eye, MN?
The median gross rent in Sleepy Eye, MN is $782 (±$93) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 273 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Sleepy Eye, the median gross rent went from $580 in 2015–2019 to $782 in 2020–2024 (+34.8%).
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
- $782 (±$93)
- Rented homes
- 273 (±81)
- $2,000 or more
- 3.6%
- Since 2015–2019
- +34.8%
How much rent costs in Sleepy Eye
| Monthly gross rent | Sleepy Eye | Brown County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 5.5% (±7.0 points) | 13.4% | 8.4% | 6.3% |
| $500 to $999 | 56.8% (±19.5 points) | 46.1% | 21.5% | 20.2% |
| $1,000 to $1,499 | 23.8% (±19.1 points) | 34.7% | 33.6% | 28.1% |
| $1,500 to $1,999 | 10.3% (±10.9 points) | 4.7% | 21.4% | 21.1% |
| $2,000 to $2,499 | 1.8% (±2.7 points) | 0.9% | 9.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±7.9 points) | 0.0% | 3.0% | 5.5% |
| $3,000 or more | 1.8% (±3.4 points) | 0.2% | 3.0% | 6.8% |
The most common range is $500 to $999, paid by 56.8% of renting households.
3.6% of rented homes in Sleepy Eye cost $2,000 or more a month.
Sleepy Eye against Brown County, its state and the nation
| Sleepy Eye | Brown County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $782 (±$93) | $890 (±$72) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 273 (±81) | 2,128 (±195) | 614,257 (±4,397) | 42,849,984 |
In Sleepy Eye, median gross rent is not measurably different from Brown County ($890).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
In Brown County, Sleepy Eye ranks 6 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1018 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Sleepy Eye has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $580 (±$63) | $782 (±$93) | +34.8% | No measurable change after inflation |
| Households that rent | 22.8% (±4.8 points) | 21.8% (±5.8 points) | −1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 14.2% (±10.1 points) | 0.0% (±6.7 points) | −14.2 percentage points | Measurable decrease |
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 Sleepy Eye
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Sleepy Eye | — | $782 (±$93) | — |
| Prairieville Township | 3.9 mi | $663 (±$78) | Not measurably different |
| Home Township | 4.1 mi | $1,125 (±$968) | Not measurably different |
| Milford Township | 7.9 mi | $725 (±$135) | Not measurably different |
| Sigel Township | 8.7 mi | $1,000 (±$288) | Not measurably different |
| West Newton Township | 11 mi | $1,125 (±$1,024) | Not measurably different |
| Lake Hanska Township | 13 mi | $1,250 (±$436) | Higher |
Nearby places with a measurably higher figure: Lake Hanska Township, MN ($1,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Brown County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lake Hanska Township | $1,250 (±$436) |
| 2 | Home Township | $1,125 (±$968) |
| 3 | Sigel Township | $1,000 (±$288) |
| 4 | New Ulm | $962 (±$71) |
| 5 | Springfield | $820 (±$103) |
| 6 | Sleepy Eye | $782 (±$93) |
| 7 | Milford Township | $725 (±$135) |
| 8 | Prairieville Township | $663 (±$78) |
| 9 | Comfrey | $622 (±$58) |
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 Sleepy Eye
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Sleepy Eye, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Sleepy Eye beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Sleepy Eye, and send estimates and invoices from your phone.
Questions about Sleepy Eye
What is the average rent in Sleepy Eye, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in Sleepy Eye is $782 (±$93) 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 Sleepy Eye?
In Sleepy Eye, the median gross rent went from $580 in 2015–2019 to $782 in 2020–2024 (+34.8%).
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 Sleepy Eye cost more than $2,000 a month?
3.6% of rented homes in Sleepy Eye have a gross rent of $2,000 or more a month, and 5.5% cost less than $500.
Is rent in Sleepy Eye higher than in Brown County?
In Sleepy Eye, median gross rent is not measurably different from Brown County ($890).
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 — Sleepy Eye city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sleepy Eye city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Sleepy Eye 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 Sleepy Eye city, Minnesota (place:60844, 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
- Housing in Sleepy Eye at a glance
- Rent by bedrooms in Sleepy Eye
- Rent burden in Sleepy Eye
- Renters and owners in Sleepy Eye
- Income and affordability in Sleepy Eye
- Home values in Sleepy Eye
- Homeowner costs in Sleepy Eye
- Property taxes in Sleepy Eye
- Types of homes in Sleepy Eye
- Bedrooms in Sleepy Eye
- Age of homes in Sleepy Eye
- Heating fuel in Sleepy Eye
- Commute and cars in Sleepy Eye
- Crime reported to police in Sleepy Eye
- Population growth in Sleepy Eye
- How long people stay in Sleepy Eye
- Minnesota landlord and tenant rules
- Housing across Brown County
- Minnesota places ranked by median rent
- Housing data for every place in Minnesota