Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Dakota County area can be challenging. Home prices in Dakota County are now at a median cost of $399,151, higher than the Minnesota average of $345,793.
The average cost of rent is $1,653/mo in Dakota County, primarily driven by the current value of real estate in the Dakota County area. In Dakota County, 25.06% of households rent, and 30.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dakota County is $9,780 per month. Households that rent pay about 16.90% of their income on rent here. Dakota County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Scott County, MN: higher priced homes
- Carver County, MN: higher priced homes
- Pierce County, WI: less expensive homes
- McLeod County, MN: less expensive homes
- Eau Claire County, WI: less expensive homes
- Renville County, MN: less expensive homes
- Clark County, WI: less expensive homes
- Yellow Medicine County, MN: less expensive homes
- Deuel County, SD: less expensive homes
- Hamlin County, SD: less expensive homes
Counties with Similar Populations
- Ada County, ID: higher priced homes
- Washoe County, NV: higher priced homes
- Burlington County, NJ: equally priced homes
- Camden County, NJ: less expensive homes
- Spokane County, WA: equally priced homes
- Richmond County, NY: higher priced homes
- Lehigh County, PA: less expensive homes
- Prince William County, VA: higher priced homes
- Polk County, IA: less expensive homes
- Plymouth County, MA: higher priced homes
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