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These days, finding an affordable place to live in the Plymouth area can be challenging. Home prices in Plymouth are now at a median cost of $515,931, higher than the Minnesota average of $345,793.
The average cost of rent is $2,008/mo in Plymouth, primarily driven by the current value of real estate in the Plymouth area. In Plymouth, 24.75% of households rent, and 32.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Plymouth is $12,443 per month. Households that rent pay about 16.14% of their income on rent here. Plymouth’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Medicine Lake, MN: higher priced homes
- New Hope, MN: less expensive homes
- Wayzata, MN: higher priced homes
- Medina, MN: higher priced homes
- Crystal, MN: less expensive homes
- Maple Grove, MN: less expensive homes
- Golden Valley, MN: less expensive homes
- Long Lake, MN: equally priced homes
- Woodland, MN: higher priced homes
- Robbinsdale, MN: less expensive homes
Cities with Similar Populations
- Winchester, VA: less expensive homes
- Winter Haven, FL: less expensive homes
- Woodbury, MN: equally priced homes
- Sugar Land, TX: less expensive homes
- St. Augustine, FL: less expensive homes
- Springfield, IL: less expensive homes
- South Gate, CA: higher priced homes
- Spokane, WA: less expensive homes
- Spokane Valley, WA: less expensive homes
- Stafford, VA: equally priced homes
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