Rent is higher than in 71% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (77.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $81,840 a year. That is $39 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
No. Rent here is more expensive than in most of Minnesota. It is number 123 of 150 cities from cheapest to most expensive.
How much do households earn in Delano?
Share of households by yearly income. 45.2% of households earn $100,000 or more.
Rent by apartment size in Delano
| Size | Delano | U.S. average |
|---|---|---|
| 1 bedroom | $740 | $1,324 |
| 2 bedrooms | $1,141 | $1,509 |
| 3 bedrooms | $2,403 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Delano overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Delano, so the Minnesota figure is shown.
Taxes and bills in Delano
Life in Delano
Is it cheaper to rent or buy in Delano?
Renting is cheaper right now: about $557 a month less.
Owning assumes a typical $375,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,520 for the down payment.
Frequently asked questions
What is the average rent in Delano, MN?
Renting in Delano costs a median of about $2,046 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Delano?
To keep rent under 30% of income, you need about $81,840 a year, or $39 an hour at a full-time job.
Is Delano cheap or expensive?
Delano is rated OK: rent takes 20.7% of the typical household income of $118,577. It ranks 123rd cheapest of 150 Minnesota cities we track.
How much are property taxes in Delano?
The median homeowner in Delano pays $3,884 a year in property taxes, about 1.04% of the median home value.
Is Delano more expensive than the national average?
Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Delano?
The median home value in Delano is $375,200, about 3.2 times the typical yearly household income.
6,942 people live in Delano. Numbers are typical (middle) values.