NUMBEO

Property Prices in Minneapolis, MN, United States

Index Info
Price to Income Ratio: 3.08
Mortgage as Percentange of Income: 22.81%
Loan Affordability Index: 4.38
Price to Rent Ratio - City Centre: 8.74
Price to Rent Ratio - Outside of Centre: 7.08
Gross Rental Yield (City Centre): 11.44%
Gross Rental Yield (Outside of Centre): 14.12%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,453.21 $ 1,100.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,015.12 $ 750.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,732.67 $ 1,550.00-4,495.00
Apartment (3 bedrooms) Outside of Centre 1,670.31 $ 1,300.00-2,250.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 262.75 $ 120.00-340.00
Price per Square Feet to Buy Apartment Outside of Centre 140.06 $ 97.00-160.75
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,522.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.85-4.54

These data are based on 163 entries in the past 18 months from 30 different contributors.
Last update: August 2018

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