
Affordable
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These days, finding an affordable place to live in the Mounds View area can be challenging. Home prices in Mounds View are now at a median cost of $320,939, lower than the Minnesota average of $345,793.
The average cost of rent is $1,325/mo in Mounds View, primarily driven by the current value of real estate in the Mounds View area. In Mounds View, 31.18% of households rent, and 44.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mounds View is $7,740 per month. Households that rent pay about 17.11% of their income on rent here. Mounds View’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spring Lake Park, MN: equally priced homes
- Fridley, MN: equally priced homes
- Lexington, MN: less expensive homes
- New Brighton, MN: higher priced homes
- Circle Pines, MN: higher priced homes
- Arden Hills, MN: higher priced homes
- Shoreview, MN: higher priced homes
- Hilltop, MN: less expensive homes
- Columbia Heights, MN: less expensive homes
- Blaine, MN: higher priced homes
Cities with Similar Populations
- Hillsborough, CA: higher priced homes
- South Farmingdale, NY: higher priced homes
- South Boston, VA: less expensive homes
- Shorewood, WI: higher priced homes
- Kendallville, IN: less expensive homes
- Kendall Park, NJ: higher priced homes
- Kemp Mill, MD: higher priced homes
- Joppatowne, MD: equally priced homes
- Jefferson Valley-Yorktown, NY: higher priced homes
- Hyde Park, NY: equally priced homes
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