Commercial Real Estate Market in Renville, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 119 off-market properties in Renville, MN.
Market Trends
Renville, MN spans 135.0 square miles in Renville County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Renville, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Renville, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Renville, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Renville, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.2%
- Industrial 13.3%
- Commercial 11%
- Mixed use 3.5%
Largest Zones share of zoned land by district
Single Family Residence
Manufacturing District
Agricultural Residence
Highway Commercial District
Central Business District
Renville, MN zones 591 acres across 6 districts. Commercial zoning covers 11% of zoned land, residential 72.2% and industrial 13.3%. The largest single district is Single Family Residence at 57.3%. For commercial buyers the practical constraint is that only 24.3% of land carries a commercial or industrial designation.
Single Family Residence (R-1)
R-1 RESIDENTIAL DISTRICTS 15.01.00 USES PERMITTED. A. One family dwelling. B. Home occupations. C. Temporary buildings or structures and uses customarily incidental to any of the above listed uses when located on the same property. 15.02.00: USES REQUIRING SPECIAL EXCEPTION PERMITS. The following uses may be permitted upon approval of the Planning Commission…
Market overview
Demographics & Economy
Renville, MN has 2,054 residents in 924 households. Density runs 15 people per square mile. Median household income here is $75,417 and median gross rent $662 a month.
2,054
Population
924
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
88%
High-School Grad
135 sq mi
ZIP Area
15
Density / Sq Mi
$75,417
Median Household Income
$43,043
Median Earnings
$662
Median Rent
$141,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Danube | — | — |
| Sacred Heart | — | — |
| Prinsburg | — | — |
| Olivia | — | — |
Commercial property in Renville, MN asks $48/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Renville?
Commercial property in Renville, MN asks an average of $48 per square foot.
What zoning applies to commercial property in Renville?
Renville, MN zones 591 acres across 6 districts, of which 11% is commercial and 13.3% industrial. The largest single district is Single Family Residence at 57.3% of zoned land. R-1 RESIDENTIAL DISTRICTS 15.01.00 USES PERMITTED. A. One family dwelling. B. Home occupations. C. Temporary buildings or structures and uses customarily incidental to any of the above listed uses when located on the same property. 15.02.00: USES REQUIRING SPECIAL EXCEPTION PERMITS. The following uses may be permitted upon approval of the Planning Commission… Residential zoning covers 72.2% and open space 0%.
Where does Realmo's Renville market data come from?
Realmo compiles Renville, MN figures from 2 recent recorded sales, 1 active sale listings, 119 tracked off-market properties, the current Renville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Renville, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 591 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
