Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burnsville area can be challenging. Home prices in Burnsville are now at a median cost of $279,534, higher than the Minnesota average of $269,934.
The average cost of rent is $1,368/mo in Burnsville, primarily driven by the current value of real estate in the Burnsville area. While nearly 33.64% of residents own their homes outright in Burnsville, 30.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burnsville is $7,023 per month. Households that rent pay about 19.48% of their income on rent here. Burnsville's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Apple Valley, MN: equally priced homes
- Savage, MN: higher priced homes
- Bloomington, MN: equally priced homes
- Lakeville, MN: higher priced homes
- Eagan, MN: higher priced homes
- Rosemount, MN: higher priced homes
- Richfield, MN: equally priced homes
- Prior Lake, MN: higher priced homes
- Farmington, MN: equally priced homes
- Edina, MN: higher priced homes
Cities with Similar Populations
- Rocky Mount, NC: less expensive homes
- Martinsburg, WV: less expensive homes
- Lebanon, PA: less expensive homes
- La Habra, CA: higher priced homes
- Jefferson City, MO: less expensive homes
- Hot Springs, AR: less expensive homes
- Eden Prairie, MN: higher priced homes
- Coon Rapids, MN: less expensive homes
- Toa Baja, PR: less expensive homes
- West Hartford, CT: higher priced homes
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