McLeod County, MN at a glance
Median household income
$80,084$6,674 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in McLeod County, MN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in McLeod County, MN? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for McLeod County, MN, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $823 | $9,876 | $32,920 | 12.3% |
| 1-Bedroom Apartment | $865 | $10,380 | $34,600 | 13% |
| 2-Bedroom ApartmentBenchmark | $999 | $11,988 | $39,960 | 15% |
| 3-Bedroom Home | $1,198 | $14,376 | $47,920 | 18% |
| 4-Bedroom Home | $1,662 | $19,944 | $66,480 | 24.9% |
What a typical income covers in McLeod County, MN
The 50/30/20 rule applied to the local median of $80,084 a year ($6,674 a month before tax).
What $80,084 leaves after Minnesota taxes
Federal income tax, Social Security, Medicare and Minnesota tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Minnesota
Living in McLeod County, MN: common questions
What is the median household income in McLeod County, MN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in McLeod County, MN is $80,084 per year (approximately $6,674 per month).
What is the average rent in McLeod County, MN?
The closest official figure is HUD's Fair Market Rent for 2026: $823 for a studio, $865 for one bedroom, $999 for two, $1,198 for three and $1,662 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is McLeod County, MN expensive to live in?
Prices there run 1.4% below the U.S. average. BEA's regional price parity for Minnesota is 98.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in McLeod County, MN?
To keep a $999 two-bedroom under 30% of gross income, a household needs about $39,960 a year, or $3,330 a month. That is 50% of what the typical household in McLeod County, MN earns.
How much do you need to live comfortably in McLeod County, MN?
On the local median income of $80,084 ($6,674 a month before tax), the 50/30/20 rule leaves $3,337 a month for needs like rent, utilities and groceries, $2,002 for everything else and $1,335 for savings or debt. A two-bedroom at $999 takes 30% of the needs share.
How much is the electric bill in McLeod County, MN?
Homes in Minnesota paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.