Property Prices in Minneapolis, MN, United States

Index Info
Price to Income Ratio: 3.13
Mortgage as Percentange of Income: 23.21%
Loan Affordability Index: 4.31
Price to Rent Ratio - City Centre: 8.72
Price to Rent Ratio - Outside of Centre: 7.11
Gross Rental Yield (City Centre): 11.47%
Gross Rental Yield (Outside of Centre): 14.06%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,463.35 $ 950.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,074.02 $ 840.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,917.39 $ 1,850.00-3,990.00
Apartment (3 bedrooms) Outside of Centre 1,753.42 $ 1,300.00-2,200.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 271.12 $ 150.00-350.00
Price per Square Feet to Buy Apartment Outside of Centre 148.34 $ 120.00-166.87
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,604.64 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.85-4.54

These data are based on 181 entries in the past 18 months from 29 different contributors.
Last update: April 2019

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