The median home in Inver Grove Heights, Minnesota is valued at $363,914, up 1.9% year over year. Typical monthly rent is $1,863, producing a price-to-rent ratio of 16.3x — near the national average of 18x. Inver Grove Heights is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$363,914

+1.9%

Rent$1,863/mo

AFFORDABILITY

Enter your income for Inver Grove Heights.

Income (annual)

Down Payment

$72,783 on $363,914

Out of reach — 37.3% of income

Need $99,857/yr to afford.

PITI$2,330

P/I37.3%

Afford$273K

Gap-$91K

P&I $1,840Tax $340Ins $150

Renting $467/mo cheaper ($1,863 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Inver Grove Heights with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

INVER GROVE HEIGHTS, MN