NUMBEO

Property Prices in Minneapolis, MN, United States

Index Info
Price to Income Ratio: 3.11
Mortgage as Percentange of Income: 23.04%
Loan Affordability Index: 4.34
Price to Rent Ratio - City Centre: 8.82
Price to Rent Ratio - Outside of Centre: 7.08
Gross Rental Yield (City Centre): 11.34%
Gross Rental Yield (Outside of Centre): 14.12%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,420.87 $ 930.00-1,874.25
Apartment (1 bedroom) Outside of Centre 1,041.12 $ 775.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,788.24 $ 1,600.00-4,495.00
Apartment (3 bedrooms) Outside of Centre 1,706.58 $ 1,200.00-2,300.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 264.23 $ 120.00-340.00
Price per Square Feet to Buy Apartment Outside of Centre 143.44 $ 97.00-166.87
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,529.69 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.85-4.54

These data are based on 173 entries in the past 18 months from 30 different contributors.
Last update: December 2018

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