Property Prices in Minneapolis, MN, United States

Index Info
Price to Income Ratio: 3.19
Mortgage as Percentange of Income: 23.59%
Loan Affordability Index: 4.24
Price to Rent Ratio - City Centre: 8.73
Price to Rent Ratio - Outside of Centre: 7.20
Gross Rental Yield (City Centre): 11.45%
Gross Rental Yield (Outside of Centre): 13.88%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,437.04 $ 930.00-1,874.25
Apartment (1 bedroom) Outside of Centre 1,022.38 $ 775.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,852.63 $ 1,600.00-4,495.00
Apartment (3 bedrooms) Outside of Centre 1,756.29 $ 1,325.00-2,250.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 266.20 $ 150.00-340.00
Price per Square Feet to Buy Apartment Outside of Centre 146.19 $ 120.00-166.87
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,479.22 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.20 3.80-4.54

These data are based on 165 entries in the past 18 months from 27 different contributors.
Last update: February 2019

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