Independence, MN Housing Statistics

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208%

Med. Home Val. NAT. AVG.

72%

Rent NAT. AVG.

51%

Owner Occ. NAT. AVG.

Independence Housing Information

Index	Independence	Minnesota	National
Median home price	$1,005,938	$339,061	$326,622
Median rent asked	$2,487	$1,332	$1,444
Avg. people per household	3.3	2.4	2.6
Owner occupied households	95.9%	71.4%	63.6%
Renter occupied households	4.1%	28.6%	36.4%

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Homes For Sale In Independence, MN

3895 Independence Rd

Maple Plain, MN

1010 Drake Ct

Maple Plain, MN

4895 Eagle Ridge Rd

Loretto, MN

5125 Fern Dr

Loretto, MN

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Housing Quick Facts

The median home price in Independence is 208% higher than the national average.
The median rent asked in Independence is 72% higher than the national average.
The average number of people per household in Independence is 25% higher than the national average.
The number of owner occupied households in Independence is 51% higher than the national average.
The number of renter occupied households in Independence is 89% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Maple Lake, MN	2,208	$306,043	6%
New Germany, MN	470	$312,965	4%
Rockford, MN	4,595	$343,548	5%
Montrose, MN	3,624	$357,429	9%
Buffalo, MN	16,770	$362,258	11%
Independence, MN	3,869	$1,005,938	208%

Cities with similar population

	Population	Home Price	National Avg.
South Russell, OH	3,869	$639,508	96%
Falmouth, MA	3,870	$1,021,727	213%
Richfield, OH	3,867	$404,011	24%
Cisco, TX	3,873	$127,776	61%
Hardin, MT	3,865	$233,245	29%
Independence, MN	3,869	$1,005,938	208%

Source: The Independence, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.