What is the median rent in Spring Valley, MN?

The median gross rent in Spring Valley, MN is $915 (±$97) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 241 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Spring Valley, the median gross rent went from $590 in 2015–2019 to $915 in 2020–2024 (+55.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median gross rent
$915 (±$97)
Rented homes
241 (±59)
$2,000 or more
0.0%
Since 2015–2019
+55.1%

How much rent costs in Spring Valley

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSpring ValleyFillmore CountyMinnesotaUnited States
Less than $5007.1% (±4.3 points)17.9%8.4%6.3%
$500 to $99955.6% (±17.1 points)54.6%21.5%20.2%
$1,000 to $1,49916.2% (±10.9 points)18.2%33.6%28.1%
$1,500 to $1,99921.2% (±15.5 points)7.9%21.4%21.1%
$2,000 to $2,4990.0% (±8.9 points)0.2%9.2%12.0%
$2,500 to $2,9990.0% (±8.9 points)1.2%3.0%5.5%
$3,000 or more0.0% (±8.9 points)0.0%3.0%6.8%

The most common range is $500 to $999, paid by 55.6% of renting households.

0.0% of rented homes in Spring Valley cost $2,000 or more a month.

Spring Valley against Fillmore County, its state and the nation

Estimate (90% margin of error)
Spring ValleyFillmore CountyMinnesotaUnited States
Median gross rent$915 (±$97)$797 (±$32)$1,280 (±$7)$1,413
Rented homes paying rent241 (±59)1,316 (±134)614,257 (±4,397)42,849,984

In Spring Valley, median gross rent is higher than in Fillmore County ($797).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Fillmore County, Spring Valley ranks 10 of 30 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 768 of 1,347.

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

How rent in Spring Valley has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$590 (±$52)$915 (±$97)+55.1%Up after inflation
Households that rent23.6% (±4.7 points)24.2% (±4.8 points)+0.6 percentage pointsNot a measurable change
Rental vacancy rate9.7% (±10.3 points)12.4% (±9.2 points)+2.7 percentage pointsNot 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 Spring Valley

Nearest places with a published estimate, compared with Spring Valley
PlaceDistanceMedian gross rentCompared with this place
Spring Valley—$915 (±$97)—
Bloomfield Township3.6 mi$1,125 (±$88)Higher
Ostrander5.5 mi$768 (±$459)Not measurably different
Frankford Township5.8 mi$1,125 (±$522)Not measurably different
Wykoff6.3 mi$823 (±$99)Not measurably different
Forestville Township7.2 mi$1,450 (±$252)Higher
Racine7.5 mi$1,271 (±$181)Higher
Sumner Township7.9 mi$1,375 (±$212)Higher
Fillmore Township8.3 mi$658 (±$271)Not measurably different

Nearby places with a measurably higher figure: Bloomfield Township, MN ($1,125), Forestville Township, MN ($1,450), Racine, MN ($1,271).

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

Median gross rent across Fillmore County, place by place

RankPlaceMedian gross rent
4Bloomfield Township$1,125 (±$88)
5Norway Township (Fillmore County)$1,045 (±$352)
6Carrolton Township$1,031 (±$182)
7 (tie)Rushford Village$950 (±$315)
7 (tie)Newburg Township$950 (±$452)
9Amherst Township$939 (±$39)
10Spring Valley$915 (±$97)
11Rushford$857 (±$67)
12Wykoff$823 (±$99)
13Fountain Township$779 (±$11)
14Preston$769 (±$71)
15Ostrander$768 (±$459)
16Chatfield$748 (±$165)

Showing 13 of 30 places in Fillmore 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 Spring Valley

What is the average rent in Spring Valley, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Spring Valley is $915 (±$97) 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 Spring Valley?

In Spring Valley, the median gross rent went from $590 in 2015–2019 to $915 in 2020–2024 (+55.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Spring Valley cost more than $2,000 a month?

0.0% of rented homes in Spring Valley have a gross rent of $2,000 or more a month, and 7.1% cost less than $500.

Is rent in Spring Valley higher than in Fillmore County?

In Spring Valley, median gross rent is higher than in Fillmore County ($797).

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

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 Spring Valley city, Minnesota (place:62104, 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.

Request a Census API 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 .

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