The median home in New Hope, Minnesota is valued at $335,806, up 3.4% year over year. Typical monthly rent is $1,384, producing a price-to-rent ratio of 20.2x — well above the national average of 18x. New Hope 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.
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Home Value$335,806
+3.4%
Rent$1,384/mo
AFFORDABILITYRenting $777/mo cheaper ($1,384 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for New Hope.
$67,161 on $335,806
Stretch — 34.6% of income
Above 28% but manageable with cuts.
PITI$2,161
P/I34.6%
Afford$272K
Gap-$64K
P&I $1,698Tax $313Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Minnesota
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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 →