Property Prices in Minneapolis, MN, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.45 |
| Mortgage as Percentage of Income: | 30.83% |
| Loan Affordability Index: | 3.24 |
| Price to Rent Ratio - City Centre: | 11.25 |
| Price to Rent Ratio - Outside of Centre: | 9.85 |
| Gross Rental Yield (City Centre): | 8.89% |
| Gross Rental Yield (Outside of Centre): | 10.16% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,625.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,205.29 $ | |
| Apartment (3 bedrooms) in City Centre | 2,591.92 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,115.45 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 351.51 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 237.85 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,600.43 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.50 |
These data are based on 184 entries from 43 contributors over the past 18 months.
Last update: April 2025
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