Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chanhassen area can be challenging. Home prices in Chanhassen are now at a median cost of $437,375, higher than the Minnesota average of $269,934.
The average cost of rent is $1,589/mo in Chanhassen, primarily driven by the current value of real estate in the Chanhassen area. While nearly 26.93% of residents own their homes outright in Chanhassen, 12.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chanhassen is $10,799 per month. Households that rent pay about 14.72% of their income on rent here. Chanhassen's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Shorewood, MN: higher priced homes
- Excelsior, MN: higher priced homes
- Greenwood, MN: higher priced homes
- Tonka Bay, MN: higher priced homes
- Chaska, MN: less expensive homes
- Eden Prairie, MN: less expensive homes
- Victoria, MN: higher priced homes
- Deephaven, MN: higher priced homes
- Minnetonka Beach, MN: higher priced homes
- Woodland, MN: higher priced homes
Cities with Similar Populations
- Mont Belvieu, TX: less expensive homes
- Manchester, TN: less expensive homes
- Mandan, ND: less expensive homes
- Maplewood, NJ: higher priced homes
- Marion, NC: less expensive homes
- Maywood, CA: equally priced homes
- McKeesport, PA: less expensive homes
- Meadville, PA: less expensive homes
- Mira Loma, CA: higher priced homes
- Maineville, OH: less expensive homes
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