A+
96%
Med. Home Val. NAT. AVG.
55%
Rent NAT. AVG.
12%
Owner Occ. NAT. AVG.

Minnetonka Housing Information

IndexMinnetonkaMinnesotaNational
Median home price$362,100$191,500$184,700
Median rent asked$1,467$873$949
Avg. people per household2.22.42.6
Owner occupied households71.3%71.4%63.6%
Renter occupied households28.7%28.6%36.4%
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Housing Quick Facts

  • The median home price in Minnetonka is 96% higher than the national average.
  • The median rent asked in Minnetonka is 55% higher than the national average.
  • The average number of people per household in Minnetonka is 17% lower than the national average.
  • The number of owner occupied households in Minnetonka is 12% higher than the national average.
  • The number of renter occupied households in Minnetonka is 21% lower than the national average.

Most Affordable Places to Live in and Around Minnetonka

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Hilltop, MN1,007$19,50089%
      St. Anthony city (Stearns County), MN106$80,00057%
      Brooklyn Center, MN30,755$187,4001%
      Rockford, MN4,481$191,9004%
      Columbia Heights, MN20,247$193,7005%
      Minnetonka, MN53,760$362,10096%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Novato, CA53,781$804,900336%
      Leesburg, VA53,731$459,100149%
      Apple Valley, MN53,728$270,60047%
      Aloha, OR53,724$349,20089%
      Kingsport, TN53,699$149,10019%
      Minnetonka, MN53,760$362,10096%
      Source: The Minnetonka, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).