Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Minneapolis area can be challenging. Home prices in Minneapolis are now at a median cost of $124,314, lower than the Kansas average of $185,150.
The average cost of rent is $651/mo in Minneapolis, primarily driven by the current value of real estate in the Minneapolis area. While nearly 48.21% of residents own their homes outright in Minneapolis, 30.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Minneapolis is $4,563 per month. Households that rent pay about 14.26% of their income on rent here. Minneapolis's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Wells, KS: higher priced homes
- Ada, KS: less expensive homes
- Bennington, KS: higher priced homes
- Delphos, KS: less expensive homes
- Culver, KS: higher priced homes
- Tescott, KS: higher priced homes
- Morton, KS: higher priced homes
- Verdi, KS: higher priced homes
- Milo, KS: less expensive homes
- Vine Creek, KS: higher priced homes
Cities with Similar Populations
- Laurel Hill, FL: equally priced homes
- Avella, PA: higher priced homes
- Salisbury, MO: less expensive homes
- Kahoka, MO: less expensive homes
- Lilly, PA: equally priced homes
- Little Suamico, WI: higher priced homes
- Locust Fork, AL: higher priced homes
- Midland, PA: less expensive homes
- Mishicot, WI: higher priced homes
- Mize, MS: equally priced homes
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