Cost of Living in Moorhead, MN
Population: 44,706 • 2026 Data
$69,371
Median Household Income
-10% vs national
$1,017
Median Monthly Rent
-25% vs national
$246,300
Median Home Value
-27% vs national
4.8%
Unemployment Rate
Housing in Moorhead
The median home value in Moorhead, MN is $246,300. Monthly rent for a typical unit averages $1,017, while total monthly housing costs (including utilities and insurance) average $1,163.
Rent-to-income ratio: 17.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Moorhead, MN is $69,371. The unemployment rate stands at 4.8%, with a labor force of 25,015 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.