Byron, Minnesota Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Byron, Minnesota rental market.
Byron, Minnesota
Average Apartment Rent
$1,825
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of March 2026
Compared to a year ago, Byron, Minnesota apartments have recorded a Infinity% rent increase.
Byron, Minnesota Average apartment rent trend
Byron, Minnesota Average Apartment Rent
Byron, Minnesota Apartment rent ranges
At 42.33%, apartments priced $2,000 - $2,500 represent the bulk of Byron, Minnesota rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 28.04%.
Byron, Minnesota Housing tenure**
Renters take up 17% of Byron, Minnesota real estate, occupying a total of 394 units, while homeowners live in 1,980 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$24,951
Average household size of renter-occupied housing units**
1.94
Byron, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 214 rentals in Byron, Minnesota with 2 beds making up the highest share of the market, at 54%. Units with 1 bed, on the other hand, hold the lowest percentage (21%), amounting to 81 units. Overall, the median number of rooms in Byron, Minnesota homes for rent is 3.9.
Byron, Minnesota Renter-occupied units by age of householder**
Most condos for rent in Byron, Minnesota are occupied by residents in the 25 - 34 years age group (39%), followed by those in the 45 - 54 years age group (15%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Byron, Minnesota Renter-occupied housing units by family type**
Byron, Minnesota Renter-occupied housing units by the presence of own children**
A total of 171 apartments for rent in Byron, Minnesota, or 43% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 143 units. All in all, the median size of a renter-occupied household in Byron, Minnesota is 1.94.
Byron, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Byron, Minnesota.
Byron, Minnesota Renter-occupied units by year structure built**
The highest share of Byron, Minnesota apartment rentals, namely 31% or 121 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (31%, 121 units), and the ones Built 1980 - 1989 (23%, 89 units).
Byron, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Byron, Minnesota renters (52%) moved in 2010 to 2017, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Byron, Minnesota condos for rent is 2017.
Byron, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 67% of Byron, Minnesota renters have 1 vehicle available per household, 15% of them have No vehicle available, and 14% have 2 vehicles available.
Byron, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
Byron, Minnesota Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Byron, Minnesota apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
