NUMBEO

Property Prices in Minneapolis, MN, United States

Index Info
Price to Income Ratio: 3.00
Mortgage as Percentange of Income: 22.23%
Loan Affordability Index: 4.50
Price to Rent Ratio - City Centre: 8.05
Price to Rent Ratio - Outside of Centre: 6.80
Gross Rental Yield (City Centre): 12.42%
Gross Rental Yield (Outside of Centre): 14.70%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,431.83 $ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 972.59 $ 700.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,823.08 $ 1,600.00-3,990.00
Apartment (3 bedrooms) Outside of Centre 1,676.47 $ 1,300.00-2,100.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 243.79 $ 100.00-300.00
Price per Square Feet to Buy Apartment Outside of Centre 131.52 $ 95.00-146.92
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,367.97 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.91-4.54

These data are based on 156 entries in the past 18 months from 29 different contributors.
Last update: May 2018

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