Known as the “Land of 10,000 Lakes,” Minnesota is undoubtedly one of the gems of the upper Midwest. From Minnesota’s vibrant cities to famous theaters and museums to its natural beauty like iconic Lake Superior and the lush Superior National Forest, you may have many reasons to consider living in Minnesota. If Minnesota sounds like a good fit for you, you might also be curious about which cities fit your budget. When it comes to buying a home in Minnesota, Median home sales price It’s $355,000.
If this number is outside your budget, don’t worry, we have a variety of options to help you find a home. Redfin has rounded up the 7 most affordable places to live in Minnesota. Best of all, the median sales price of their homes is less than $355,000. from sao paulo arrive Duluthlet’s take a look at which cities are on the list.
#1: St. Cloud
Median house price: $250,000
Average sales price per square foot: $137
Average rent for a one-bedroom apartment: $739
Median household income: $50,335
Nearest major metro: Minneapolis (70 miles)
St. Cloud, MN Homes for Sale
St. Cloud, MN Apartments for Rent
With a median home sale price of $250,000, St. Cloud ranks No. 1 on our list of the most affordable places to live in Minnesota. The city is home to approximately 68,900 people and is approximately 70 miles from the nearest major metropolitan city, Minneapolis. If you’re considering moving to the area, be sure to explore Munzinger Gardens along the Mississippi River, take a stroll through downtown St. Cloud, or visit the St. Cloud State University campus.
#2: St. Paul
Median house price: $300,000
Average sales price per square foot: $207
Average rent for a one-bedroom apartment: $1,307
Median household income: $59,717
Nearest major metro: Minneapolis (12 miles)
Saint Paul, MN Homes for Sale
St. Paul, MN Apartments for Rent
Second on our list of affordable cities to live in Minnesota is sao paulo, half of the Twin Cities. While living in this city of 311,500 people, you can visit the Minnesota State Capitol or walk or bike along the Mississippi River. There’s a lot to explore in the São Paulo area, so be sure to hit up the ice skating rink too landmark center Or pick up some fresh local produce at the St. Paul Farmers Market.
#3: Coon Rapids
Median house price: $322,450
Average sales price per square foot: $188
Average rent for a one-bedroom apartment: $1,536
Median household income: $59,717
Nearest major metro: Minneapolis (16 miles)
Coon Rapids, MN Homes for Sale
Apartments for Rent in Coon Rapids, MN
Another great place to add to your bucket list is Coon Rapids, located 16 miles north of Minneapolis. This affordable town of 63,600 residents is a great choice. While staying in Coon Rapids, you can explore Coon Rapids Dam Regional Park and spend an afternoon at Crooked Lake.
#4: Rochester
Median house price: $322,500
Average sales price per square foot: $171
Average rent for a one-bedroom apartment: $1,488
Median household income: $59,717
Nearest major metro: St. Paul (80 miles)
Rochester, MN Homes for Sale
Apartments for Rent in Rochester, MN
The fourth city on our list of the most affordable places to live in Minnesota is Rochester, located in the southern part of the state. With approximately 121,400 residents, Rochester is sure to visit museums and historic sites such as Olmsted County History Center or Maywood Historic Home. You can also spend time outdoors exploring the nature trails at Quarry Hill Nature Center or renting a boat to explore Silver Lake.
#5: Brooklyn Park
Median house price: $322,500
Average sales price per square foot: $182
Average rent for a one-bedroom apartment: $1,585
Median household income: $73,207
Nearest major metro: Minneapolis (11 miles)
Brooklyn Park, MN Homes for Sale
Brooklyn Park, MN Apartments for Rent
Brooklyn Park is the next location on our list of affordable places to live in Minnesota. With a population of approximately 86,500 people, Brooklyn Park is a good choice for those looking for mid-sized city living.
#6: Duluth
Median house price: $335,000
Average sales price per square foot: $194
Average rent for a one-bedroom apartment: $1,495
Median household income: $54,084
Nearest major metro: Minneapolis (155 miles)
Duluth, MN Homes for Sale
Apartments for Rent in Duluth, MN
Approximately 86,700 people live in Duluth on the shores of Lake Superior. The median home sale is $335,000, about $20,000 lower than the Minnesota median home sale. Please be sure to visit Glenzing Buildingtake a scenic drive along the North Shore and visit Lake Superior Zooor if you’re moving to the sixth most expensive city to live in, you can walk or bike along the Duluth Lakefront Trail.
#7: Minneapolis
Median house price: $340,000
Average sales price per square foot: $229
Average rent for a one-bedroom apartment: $1,476
Median household income: $66,068
Minneapolis, MN Homes for Sale
Minneapolis, MN Apartments for Rent
The other half of the Twin Cities, Minneapolis, is the last place on our list. Home prices are approximately $15,000 less than the state average. Approximately 429,900 people live in minneapolis, is a good place to consider living this year. Be sure to check out all the local vendors at the Minneapolis Farmers Market and visit museums like the Minneapolis Institute of Arts, Walker Art Center,as well as Baking Museum. You can also spend a day exploring the Chain of Lakes and visiting the Stone Arch Bridge. No matter which Minneapolis neighborhood you move to, the city has countless things to explore.
method: According to the U.S. Census, all cities must have more than 50,000 residents and have a median home sales price lower than Minnesota’s average median home sales price. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period July 2024 rental network July 2023. U.S. Census Bureau.
