Renville, MN 56284 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Renville, MN—56284

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$190,000

4.2% YoY Growth

Household Income

$75,400

27.3% YoY Growth

Days on Market

118.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$795

14.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$795

14.4% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Renville, MN

Renville, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$190,000	4.2%
Single Family	$190,000	5.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Renville, MN

As of July '25, Rentcast reports the average rent in Renville, MN is $795, with a year-over-year rent change of 14.4%. Per bedroom, the median rent as of July '25 in Renville, MN is 2-bedrooms: $795. The most common rental property sizes in Renville, MN are 2-bedroom and 4-bedroom, accounting for 47.9% and 17.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$795	$795
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$795	$795
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.7%

1 Bedroom

14.2%

2 Bedrooms

47.9%

3 Bedrooms

12.6%

4 Bedrooms

17.9%

5+ Bedrooms

2.6%

Property Listings — Renville, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Renville, MN is 52. This is a increase of 118.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$149,000	-21.0%
Listing Count	6	60.0%
Listings as % of Homes	0.5%	60.0%
Days on Market	52	118.0%

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Demographics — Renville, MN

As of the latest ACS Survey released in 2023, Renville, MN has a population of 2,100, which has decreased by -4.8% over the past 5 years. Renville, MN is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,100	-4.8%
% Under 18	28.6%	9.2%
% Seniors	17.8%	-14.0%
% WFH	3.6%	-60.0%
% w/ College Degree	19.2%	32.4%

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As of the latest ACS Survey released in 2023, Renville, MN is a predominantly white area, with 79.0% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Renville, MN is hispanic, making up 17.4% of the population. Foreign-born residents account for 2.9% of the population in Renville, MN, and this percentage has decreased by 27.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.0%	-4.2%
% Black	0.5%	66.7%
% Hispanic	17.4%	15.2%
% Asian	0.1%	-94.4%
% Foreign Born	2.9%	-27.5%

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Mortgage and Risk — Renville, MN

According to HUD data as of 2023, there were 27 mortgage originations in Renville, MN, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Renville, MN. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	27
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Renville, MN

Renville, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	25
Total Units Section 8	7
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$860
2 Bedroom	$255	$795	$1,050
3 Bedroom	N/A	N/A	$1,470
4 Bedroom	N/A	N/A	$1,730

Renville, MN—56284

Key Metrics at a Glance

Home Price Trends — Renville, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Renville, MN

% of Rental Stock

Property Listings — Renville, MN

Demographics — Renville, MN

Race and Ethnicity

Mortgage and Risk — Renville, MN

Mortgages

Rentals and Section 8 — Renville, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Renville, MN

Home Price to Income Ratio

Renville, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Prinsburg, MN

Blomkest, MN

Raymond, MN

Willmar, MN

Lake Lillian, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$190,000
Median Household Income	$75,400

Renville, MN—56284

Key Metrics at a Glance

Home Price Trends — Renville, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Renville, MN

% of Rental Stock

Property Listings — Renville, MN

Demographics — Renville, MN

Race and Ethnicity

Mortgage and Risk — Renville, MN

Mortgages

Rentals and Section 8 — Renville, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Renville, MN

Home Price to Income Ratio

Renville, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Prinsburg, MN

Blomkest, MN

Raymond, MN

Willmar, MN

Lake Lillian, MN

Frequently Asked Questions

What is the average home price in Renville, MN 56284?

How have home prices in Renville, MN 56284 changed over the past year?

What is the home price projection for Renville, MN 56284?

What are the demographics of Renville, MN 56284?

How long does it take homes to sell in Renville, MN 56284?

What is the average rent price in Renville, MN 56284?