Housing in Minnesota

Home prices, rents, supply and how affordable it is to live here.

Topics

Dive into each indicator for Minnesota.

$309,000
Median home value
$1,180
Median monthly rent
72.0%
Homeownership rate
Above U.S. average
2.47 M
Total housing units
5.9%
Vacancy rate
≈ 24,000
Building permits
2023
1.05%
Effective property tax

Historical data

Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.

Median home value

19902024
$309,000 318%

Census / Zillow ZHVI, nominal dollars.

Homeownership rate

19902023
72% 0%

Census Housing Vacancy Survey.

Data table

Median home value$309,000
Median monthly rent$1,180
Homeownership rate72.0%Above U.S. average
Total housing units2.47 M
Vacancy rate5.9%
Building permits≈ 24,0002023
Effective property tax1.05%

Compared to the United States

Coming soon

Side-by-side comparison of Minnesota vs. the U.S. average.

National ranking

Coming soon

The national ranking against every other state will appear here as more states are published.