Minnesota’s median home value is $329,300 and its median gross rent is $1,280 a month. Among the 24 cities listed, Plymouth has the highest median home value ($491,200) and Hibbing the lowest ($130,200); Woodbury has the highest rent ($1,908) and Marshall the lowest ($779).
Source: Census Bureau American Community Survey 5-year estimates (ACS 5-year 2020-2024), read November 1, 2026. Estimates carry margins of error. The owner-occupied rate is our own arithmetic on Census counts (derived).
| Area | Median home value | Median gross rent (per month) | Owner-occupied homes (derived) |
|---|---|---|---|
| Minnesota | $329,300 | $1,280 | 72.2% |
| Minneapolis | $362,200 | $1,371 | 47.7% |
| St. Paul | $294,500 | $1,281 | 52.9% |
| Rochester | $310,500 | $1,399 | 65.1% |
| Duluth | $242,700 | $1,087 | 59.4% |
| Bloomington | $361,700 | $1,561 | 65.7% |
| Brooklyn Park | $336,200 | $1,325 | 70.3% |
| Plymouth | $491,200 | $1,766 | 75.1% |
| Woodbury | $450,200 | $1,908 | 77.6% |
| Maple Grove | $418,300 | $1,868 | 82.3% |
| St. Cloud | $225,000 | $1,003 | 48.6% |
| Eagan | $397,100 | $1,679 | 67.7% |
| Eden Prairie | $473,900 | $1,833 | 76.1% |
| Burnsville | $355,200 | $1,513 | 64.7% |
| Mankato | $261,700 | $1,132 | 50.0% |
| Moorhead | $249,000 | $1,033 | 58.1% |
| Winona | $201,800 | $882 | 58.0% |
| Bemidji | $198,300 | $1,067 | 43.1% |
| Brainerd | $192,500 | $827 | 56.5% |
| Red Wing | $237,300 | $969 | 72.2% |
| Northfield | $329,400 | $1,103 | 69.3% |
| Stillwater | $414,200 | $1,622 | 76.7% |
| Hibbing | $130,200 | $833 | 71.1% |
| Grand Rapids | $213,800 | $1,090 | 62.4% |
| Marshall | $210,300 | $779 | 62.9% |
| Hennepin County | $392,900 | $1,487 | 62.7% |
| Ramsey County | $326,600 | $1,329 | 60.6% |
| Olmsted County | $331,700 | $1,370 | 70.6% |
| St. Louis County | $221,400 | $1,013 | 71.2% |
| Stearns County | $273,400 | $1,068 | 67.9% |
| Blue Earth County | $266,700 | $1,123 | 61.4% |
| Cook County | $336,200 | $886 | 77.7% |
| Becker County | $291,000 | $920 | 77.2% |
Notes
- Median home value is for owner-occupied housing units; gross rent includes utilities the renter pays.
- Owner-occupied rate is owner-occupied units divided by occupied units (derived).
- Cities are city limits; counties include every city and township inside them. Listed cities are the ones we cover, not every city.
- Rows are the place order of our pull, not a ranking.
What We Could Not Verify
- Property tax and mortgage rates: not collected, so no cost-of-owning figure.
- Current asking prices and rents: these are survey medians, not listings.
- Margins of error for each estimate.
- HUD fair market rents: not collected for this page.
More Minnesota Guides
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- Places To Live
- Income, Education And Commute
- Taxes
- Moving To Minnesota
- New Resident Checklist
- Answers
- Open Data
Questions People Ask
What is the median home value in Minnesota?
$329,300, per the Census Bureau ACS 5-year 2020-2024 estimates.
What is the median rent in Minnesota?
$1,280 a month gross rent, per the same estimates.
What is the median rent in Minneapolis?
$1,371 a month gross rent, per the same estimates.
Sources
- Census Bureau: ACS 5-year estimates API, read November 1, 2026
Checked November 1, 2026 by It’s Minnesota. Cite this page: It’s Minnesota, “Minnesota Housing Costs By City And County” (itsminnesota.com/living/housing-costs/), checked November 1, 2026. Free to quote with a link.