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These days, finding an affordable place to live in the Anoka area can be challenging. Home prices in Anoka are now at a median cost of $315,149, lower than the Minnesota average of $345,793.
The average cost of rent is $1,313/mo in Anoka, primarily driven by the current value of real estate in the Anoka area. In Anoka, 42.94% of households rent, and 29.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Anoka is $7,184 per month. Households that rent pay about 18.28% of their income on rent here. Anoka’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Champlin, MN: higher priced homes
- Ramsey, MN: higher priced homes
- Andover, MN: higher priced homes
- Dayton, MN: higher priced homes
- Coon Rapids, MN: equally priced homes
- Osseo, MN: higher priced homes
- Brooklyn Park, MN: equally priced homes
- Blaine, MN: higher priced homes
- Maple Grove, MN: higher priced homes
- Rogers, MN: higher priced homes
Cities with Similar Populations
- Cypress Quarters, FL: higher priced homes
- Perry, FL: less expensive homes
- Berwick, PA: less expensive homes
- Webster, MA: higher priced homes
- Wayne, MI: less expensive homes
- Othello, WA: less expensive homes
- Norton, MA: higher priced homes
- Newton, IA: less expensive homes
- Newberry, SC: less expensive homes
- Chatham, NJ: higher priced homes
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