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These days, finding an affordable place to live in the Eden Prairie area can be challenging. Home prices in Eden Prairie are now at a median cost of $479,124, higher than the Minnesota average of $345,793.
The average cost of rent is $1,969/mo in Eden Prairie, primarily driven by the current value of real estate in the Eden Prairie area. In Eden Prairie, 23.99% of households rent, and 30.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eden Prairie is $11,921 per month. Households that rent pay about 16.51% of their income on rent here. Eden Prairie’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chanhassen, MN: higher priced homes
- Shakopee, MN: less expensive homes
- Minnetonka, MN: equally priced homes
- Hopkins, MN: less expensive homes
- Edina, MN: higher priced homes
- Greenwood, MN: higher priced homes
- Deephaven, MN: higher priced homes
- Shorewood, MN: higher priced homes
- Excelsior, MN: higher priced homes
- Woodland, MN: higher priced homes
Cities with Similar Populations
- Decatur, AL: less expensive homes
- Rowlett, TX: less expensive homes
- Martinsburg, WV: less expensive homes
- Mechanicsville, VA: less expensive homes
- Moore, OK: less expensive homes
- Niagara Falls, NY: less expensive homes
- Orland Park, IL: less expensive homes
- Port Orange, FL: less expensive homes
- Pottstown, PA: less expensive homes
- Rocky Mount, NC: less expensive homes
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