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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 YearReport LinkDate Published
2016Estimate of the Percentage of Rent that Constitutes Property Taxes in MinnesotaMarch 2018
2010-2015Estimating the Percentage of Rent Constituting Property TaxesJanuary 2017
2004Property Tax as a Percentage of Residential RentFebruary 2005

 

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