What percentage of people rent in Spring Valley, MN?

Name: Renters and owners in Spring Valley, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

24.2% (±4.8 points) of the occupied homes in Spring Valley, MN are rented (2020–2024 American Community Survey).

That is 247 renting households against 775 that own their home.

In Spring Valley, the share of households that rent went from 23.6% in 2015–2019 to 24.2% in 2020–2024 (+0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 24.2% (±4.8 points)
Renting households: 247 (±55)
Median renter income: $33,813 (±$13,695)

Who rents and who owns in Spring Valley

Tenure, estimate (90% margin of error)
	Spring Valley	Fillmore County	Minnesota	United States
Renter-occupied share	24.2% (±4.8 points)	17.4% (±1.5 points)	27.8% (±0.2 points)	34.8%
Renting households	247 (±55)	1,521 (±139)	641,268 (±4,528)	45,017,354
Owning households	775 (±79)	7,202 (±147)	1,666,687 (±7,556)	84,210,142
Average renter household size	2.2 (±0.5)	1.9 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	2.2 (±0.2)	2.5 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$33,813 (±$13,695)	$39,925 (±$4,787)	$51,080 (±$531)	$52,966
Median owner household income	$82,250 (±$17,184)	$87,980 (±$3,597)	$108,214 (±$476)	$100,009

In Spring Valley, the renter share is higher than in Fillmore County (17.4%).

It is not measurably different from Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Fillmore County, Spring Valley ranks 5 of 37 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 423 of 2,628.

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

How renting in Spring Valley has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	23.6% (±4.7 points)	24.2% (±4.8 points)	+0.6 percentage points	Not a measurable change
Median gross rent	$590 (±$52)	$915 (±$97)	+55.1%	Up after inflation
Median household income	$46,121 (±$4,881)	$66,339 (±$11,378)	+43.8%	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 Spring Valley

Nearest places with a published estimate, compared with Spring Valley
Place	Distance	Households that rent	Compared with this place
Spring Valley	—	24.2% (±4.8 points)	—
Spring Valley Township	2.7 mi	7.2% (±7.4 points)	Lower
Bloomfield Township	3.6 mi	7.6% (±6.0 points)	Lower
Ostrander	5.5 mi	22.1% (±11.8 points)	Not measurably different
Frankford Township	5.8 mi	3.8% (±5.1 points)	Lower
Wykoff	6.3 mi	39.3% (±9.8 points)	Higher
Bennington Township	7.2 mi	8.5% (±7.7 points)	Lower
Forestville Township	7.2 mi	17.8% (±7.7 points)	Not measurably different
Racine	7.5 mi	10.7% (±8.5 points)	Lower

Nearby places with a measurably lower figure: Spring Valley Township, MN (7.2%), Bloomfield Township, MN (7.6%), Frankford Township, MN (3.8%).

Nearby places with a measurably higher figure: Wykoff, MN (39.3%).

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

Households that rent across Fillmore County, place by place

Rank	Place	Households that rent
1	Wykoff	39.3% (±9.8 points)
2	Lanesboro	31.4% (±8.5 points)
3	Rushford	28.1% (±6.4 points)
4	Preston	26.4% (±6.3 points)
5 (tie)	Spring Valley	24.2% (±4.8 points)
5 (tie)	Fountain Township	24.2% (±14.2 points)
7	Carimona Township	23.1% (±15.4 points)
8	Ostrander	22.1% (±11.8 points)
9 (tie)	Beaver Township (Fillmore County)	20.4% (±13.2 points)
9 (tie)	Jordan Township	20.4% (±13.9 points)
11	Amherst Township	17.9% (±12.7 points)

Showing 11 of 37 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

How many renters are there in Spring Valley?

Spring Valley has an estimated 247 (±55) renting households, 24.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Spring Valley?

In Spring Valley, the share of households that rent went from 23.6% in 2015–2019 to 24.2% in 2020–2024 (+0.6 percentage points), not a measurable change.

How big are renting households in Spring Valley?

A renting household in Spring Valley has 2.2 people on average, against 2.2 in an owned home.

How much do renters earn in Spring Valley?

The median renting household in Spring Valley, MN has an income of $33,813 (±$13,695) a year, against $82,250 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API 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.