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Cost of Living in Renville County

Is it better to rent or buy in Renville County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$74,301
$828/mo

Median in area: $828

$166,000

Median in area: $166,000

$33,200

If you Rent

🔑
$1,124 /mo
Base Rent$828
Est. Utilities$296
% of Income18.2%
Pre-tax Residual$5,068

If you Buy

🏠
$1,342 /mo
P&I (7.056%)$889
Taxes & Ins$157
Est. Utilities$296
% of Income21.7%
Pre-tax Residual$4,850

Compare Nearby Areas

See how Renville County stacks up against neighboring areas.

countyMcHenry County, ND
$781/mo
countyBurke County, ND
$684/mo
countyBottineau County, ND
$758/mo
countyWard County, ND
$1,043/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Renville County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Renville County. The estimated all-in monthly cost for renting is $1,124, while owning a median-priced home with a 20% down payment is roughly $1,342 per month (a difference of $218).

How much do utilities cost in Renville County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Renville County is approximately $296. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Renville County?›

To comfortably afford the median rent and utilities in Renville County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,960 per year.