The Most Affordable Neighborhoods in Anoka County, MN by Home Value

These days, finding an affordable place to live in the Anoka County area can be challenging. Home prices in Anoka County are now at a median cost of $355,904, higher than the Minnesota average of $345,793.

The average cost of rent is $1,593/mo in Anoka County, primarily driven by the current value of real estate in the Anoka County area. In Anoka County, 19.79% of households rent, and 30.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Anoka County is $8,963 per month. Households that rent pay about 17.78% of their income on rent here. Anoka County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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