Renville County, Minnesota home prices
Typical home $192,374 · +7.8% in a year · property tax 1.04%
The typical home in Renville County is worth $192,374, 45% less than the Minnesota typical home ($348,778). Values changed +7.8% in the past year and +23.3% over five years. Homeowners here pay a median 1.04% of their home's value in property tax each year ($1,993 on the typical home), versus 1.04% statewide.
Mortgage on the typical Renville County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,475 | $153,899 | $1,035 | $0 | $262 | $1,298 | $55,600 |
| 10% down | $19,237 | $173,137 | $1,165 | $72 | $262 | $1,499 | $64,200 |
| 5% down | $9,619 | $182,755 | $1,229 | $76 | $262 | $1,568 | $67,200 |
| 3.5% down (FHA) | $6,733 | $188,890 | $1,271 | $85 | $262 | $1,618 | $69,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.04% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Minnesota.
Minnesota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pennington County | $191,990 | -2.4% | 1.26% |
| Redwood County | $187,335 | +6.2% | 1% |
| Freeborn County | $197,437 | +5.5% | 1.11% |
| Marshall County | $199,293 | +6.3% | 0.8% |
| Swift County | $200,692 | +5.2% | 0.86% |
| Mower County | $201,999 | +2.9% | 1.03% |
| Norman County | $181,155 | +5.8% | 0.94% |
| Pipestone County | $205,022 | +9.0% | 0.86% |
| Big Stone County | $205,428 | +9.9% | 0.87% |
| Lincoln County | $207,341 | +5.4% | 0.96% |
Frequently asked questions
What is the average home price in Renville County, MN?
The typical home value in Renville County is $192,374 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Renville County?
About $55,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Renville County?
The median effective rate is 1.04% of home value a year (Census ACS 2024 5-year estimates).