The Most Affordable Neighborhoods in Coon Rapids, MN by Home Value

 

Coon Rapids, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Coon Rapids area can be challenging. Home prices in Coon Rapids are now at a median cost of $220,386, lower than the Minnesota average of $269,934.

The average cost of rent is $1,458/mo in Coon Rapids, primarily driven by the current value of real estate in the Coon Rapids area. While nearly 33.92% of residents own their homes outright in Coon Rapids, 30.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in Coon Rapids is $6,643 per month. Households that rent pay about 21.96% of their income on rent here. Coon Rapids's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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