Housing costs in Renville?
A typical home costs
$158,800, which is 53.0% less expensive than the national average of
$338,100 and 48.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Renville costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Renville?
To live comfortably in Renville (zip 56284), Minnesota, a minimum annual income of
$30,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Renville?
The cost of living in 56284 Renville, MN is relatively low compared to other areas. The median home value in the area is around $106,000, making it an affordable place to live. Renters can expect to pay anywhere from $800-1,200 for a one bedroom apartment with utilities included. The cost of food and other groceries tends to be slightly lower than the national average. Overall, living in this small town provides a lot of bang for your buck when it comes to cost of living expenses.