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Percentage of Rent Constituting Property Taxes

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The Property Tax Refund Program for renters currently presumes that property taxes on residential rental property represent, on average, 17 percent of annual rent paid. The following reports summarize the estimated percentage of rent constituting property taxes for different years and geographies in Minnesota.

Taxes Payable Year Report Link Date Published
2016 Estimate of the Percentage of Rent that Constitutes Property Taxes in Minnesota March 2018
2010-2015 Estimating the Percentage of Rent Constituting Property Taxes January 2017
2004 Property Tax as a Percentage of Residential Rent February 2005

 

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