Median home value: $316K (+1.2% YoY). Rent: $1,651/mo. Price-to-rent: 16.0x. 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$316,172
+1.2%
Rent$1,651/mo
AFFORDABILITYRenting $311/mo cheaper ($1,651 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Minneapolis.
$63,234 on $316,172
Stretch — 31.4% of income
Above 28% but manageable with cuts.
PITI$1,962
P/I31.4%
Afford$282K
Gap-$34K
P&I $1,516Tax $295Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing