Rent to Income Ratio Comparison
Housing

Indiana vs Minnesota: Rent to Income Ratio

Minnesota has a lower rent to income ratio than Indiana.

Indiana flag
Indiana
IN • Midwest
17.9%
Annualized median gross rent as a share of median household income.
Minnesota flag
Minnesota
MN • Midwest
Winner
16.6%
Annualized median gross rent as a share of median household income.

Visual Comparison

Indiana 17.9%
Minnesota 16.6%

Difference: 1.30 percentage points — Minnesota leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for rent to income ratio.

Indiana #9 · 17.9%
Minnesota #5 · 16.6%
Best Worst

10 Best States — Rent to Income Ratio

Lower is better
#1 North Dakota flag North Dakota
15.2%
#2 Iowa flag Iowa
15.5%
#3 South Dakota flag South Dakota
16.0%
#4 Nebraska flag Nebraska
16.5%
#5 Minnesota flag Minnesota
16.6%
#6 Wisconsin flag Wisconsin
17.2%
#7 Kansas flag Kansas
17.7%
#8 Missouri flag Missouri
17.8%
#9 Indiana flag Indiana
17.9%
#10 Wyoming flag Wyoming
17.9%

Indiana ranks 9th and Minnesota ranks 5th nationally for rent to income ratio.

Related Context

Rent Burden in Context

This ratio shows how much of a median paycheck goes straight to the landlord — the higher, the less breathing room renters have.

What This Means

Indiana vs Minnesota: Rent to Income Ratio in context

Minnesota has a rent to income ratio of 16.6%, compared with 17.9% in Indiana. Annualized median gross rent as a share of median household income.

Indiana
17.9%
Minnesota
16.6%
Difference
1.30 percentage points

People Also Ask

Indiana vs Minnesota Rent to Income Ratio — Common Questions

Q What is Indiana's rent to income ratio?

Indiana's rent to income ratio is 17.9%.

Q What is Minnesota's rent to income ratio?

Minnesota's rent to income ratio is 16.6%.

Q Which state has a lower rent to income ratio — Indiana or Minnesota?

Minnesota has a lower rent to income ratio than Indiana.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.