Median home value: $348K (+2.5% YoY). Rent: $1,620/mo. Price-to-rent: 17.9x. Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$348,305
+2.5%
Rent$1,620/mo
AFFORDABILITYRenting $526/mo cheaper ($1,620 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Bloomington.
$69,661 on $348,305
Stretch — 34.3% of income
Above 28% but manageable with cuts.
PITI$2,146
P/I34.3%
Afford$284K
Gap-$64K
P&I $1,671Tax $325Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing