A+
99%
Med. Home Val. NAT. AVG.
53%
Rent NAT. AVG.
12%
Owner Occ. NAT. AVG.

Minnetonka Housing Information

IndexMinnetonkaMinnesotaNational
Median home price$649,333$339,061$326,622
Median rent asked$2,210$1,332$1,444
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 99% higher than the national average.
  • The median rent asked in Minnetonka is 53% 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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Compare Minnetonka, MN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Hilltop, MN1,045$35,91189%
      St. Anthony city (Stearns County), MN108$142,59756%
      Brooklyn Center, MN31,682$332,5202%
      Rockford, MN4,595$343,5485%
      Lexington, MN2,365$349,9107%
      Minnetonka, MN55,235$649,33399%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Kingsport, TN55,254$270,87517%
      St. Cloud, FL55,190$398,42522%
      Summerville, SC55,185$378,12816%
      Paramount, CA55,175$712,618118%
      Pinellas Park, FL55,392$302,4667%
      Minnetonka, MN55,235$649,33399%
      Source: The Minnetonka, 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.