Renville, Kandiyohi County, Minnesota Property Taxes

Name: Property Tax Bills Across Renville, Kandiyohi County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Renville, MN effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Renville, MN home value: $283,600
Median annual Renville, MN tax bill: $2,133, $267 lower than the national median property tax bill of $2,400.

How are property taxes in Kandiyohi calculated?

Property taxes in Renville, MN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Renville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Renville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Renville, Kandiyohi County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$2,014

$1,869

Ownwell’s Renville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Renville with just two data points. By entering your property's estimated assessed value, our calculator applies Renville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Kandiyohi. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Renville, Kandiyohi County, Minnesota

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Renville’s effective property tax rate to other cities in Minnesota and the median property tax rates in Minnesota and the U.S.

Property Tax Rates Across Renville, Kandiyohi County, Minnesota

Source: Ownwell

0.71%

1.08%

1.45%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Renville Tax Rate

0.71%

Median Effective Kandiyohi County Tax Rate

1.04%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Renville, Kandiyohi County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56284	0.31%	0.38%	0.71%	0.95%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Renville, Kandiyohi County, Minnesota

When examining property taxes in Renville, MN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Kandiyohi County assessment district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Kandiyohi County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Renville. For example, the median home price in Renville is $283,600, with tax bills ranging significantly across the county. Zip code 56284 has the highest median home price at $283,600.

Property Tax Assessment Values Across Renville, Kandiyohi County, Minnesota

Source: Ownwell

$158,350

$272,975

$387,600

Median Renville Market Value

$283,600

Median Kandiyohi County Market Value

$222,850

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Renville, Kandiyohi County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56284	$179,020	$213,800	$283,600	$492,200	$1,559,200

Source: Ownwell

Property Tax Bills Across Renville, Kandiyohi County, Minnesota

In Renville, located in Kandiyohi County, MN, property tax bills are calculated based on the assessed value of a home. The median home price in the area is $283,600, and property taxes are determined by applying the local tax rate to this assessed value. Homeowners in Renville typically face a property tax bill that ranges from $1,559 at the 25th percentile to $5,548 at the 90th percentile, with the median tax bill being $2,133. This is slightly below the national median property tax bill of $2,400. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value, subsequently affecting the tax bill. For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners contest overvaluations, potentially lowering their tax bills and ensuring they pay only their fair share.

Property Tax Bills Across Renville, Kandiyohi County, Minnesota

Source: Ownwell

$1,680

$2,676

$3,671

Median Renville Tax Bill

$2,133

Median Kandiyohi County Tax Bill

$2,360

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Renville, Kandiyohi County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56284	$1,244	$1,559	$2,133	$3,403	$5,548

Source: Ownwell