Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shakopee area can be challenging. Home prices in Shakopee are now at a median cost of $291,671, higher than the Minnesota average of $269,934.
The average cost of rent is $1,460/mo in Shakopee, primarily driven by the current value of real estate in the Shakopee area. While nearly 21.80% of residents own their homes outright in Shakopee, 24.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shakopee is $8,965 per month. Households that rent pay about 16.28% of their income on rent here. Shakopee's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Marystown, MN: higher priced homes
- Eden Prairie, MN: higher priced homes
- Prior Lake, MN: higher priced homes
- Chaska, MN: equally priced homes
- Chanhassen, MN: higher priced homes
- Savage, MN: higher priced homes
- Carver, MN: higher priced homes
- Shorewood, MN: higher priced homes
- Excelsior, MN: higher priced homes
- East Union, MN: higher priced homes
Cities with Similar Populations
- Tucker, GA: less expensive homes
- Fallbrook, CA: higher priced homes
- Georgetown, KY: less expensive homes
- Greenacres, FL: less expensive homes
- Hackensack, NJ: equally priced homes
- Hanover, PA: less expensive homes
- Woodland Hills, CA: higher priced homes
- Hutchinson, KS: less expensive homes
- Winter Springs, FL: equally priced homes
- Whitney, NV: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood