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Home values, rents and more in Minnesota

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$349,000
U.S.: $366,000
Home values, past year
+2.3%
U.S.: +1.2%
Typical rent
$1,613/mo
U.S.: $1,932
Rents, past year
+0.2%
U.S.: +2.9%
Population
5,830,405
Census estimate, July 2025
Median household income
$89,062
U.S.: $80,734
Counties in and around Minnesota, shaded by typical home value
  • Under $210k
  • $210k–$250k
  • $250k–$290k
  • $290k–$330k
  • $330k+
  • No data
Counties in and around Minnesota, shaded by typical home value (Zillow, counties). Minnesota is outlined.

How Minnesota compares

The typical home in Minnesota is worth about $349,000, according to the Zillow Home Value Index for September 2026. Home values in Minnesota are 5% below the U.S. typical value ($366,000).

Over the past year, home values in Minnesota rose 2.3%, compared with +1.2% nationally.

Typical rent is $1,613 a month (Zillow Observed Rent Index), 17% below the U.S. ($1,932). Rents rose 0.2% over the past year.

The median household income is $89,062, against $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 5,830,405 people live in Minnesota (Census Bureau estimate for July 2025).

Minnesota has the 26th-highest typical home value of the 51 states in the United States with Zillow figures.

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These measures are on the map for subscribers. Open ProMap to see them for Minnesota and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • School test scores
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • Unemployment and job growth
  • Building permits
  • Mortgage delinquency
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby states

Metro areas in Minnesota

Counties in Minnesota

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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