The 20 most affordable cities in Minnesota to buy a house

Homeownership is fundamental to the American dream. It offers wealth, security, community, and countless other benefits. Yet for many Minnesota residents, the dream feels increasingly out of reach—even as incomes rise and mortgage rates fall. Near-record prices have made homes hard to come by and often even harder to afford, leaving buyers and sellers stuck and younger generations priced out.

But affordable pockets still exist. In cities across the state, residents can comfortably spend around 30% of their income or less on housing, which is widely considered the affordable threshold.

To find out where these cities are, Redfin Real Estate ranked the most affordable cities in Minnesota, based on their local payment to income ratios. All data is an average for the January-October 2025 period. To see the most affordable cities in the country, read this recent Redfin article.

#1. Cottage Grove, Minnesota
- Payment to income ratio: 26.7%
- Median sale price: $422,573
- Median household income: $121,452
- Income needed to buy: $107,909
- Median monthly mortgage payment: $2,698
- See homes for sale in Cottage Grove on Redfin.com

#2. Andover, Minnesota
- Payment to income ratio: 27.5%
- Median sale price: $472,777
- Median household income: $131,528
- Income needed to buy: $120,730
- Median monthly mortgage payment: $3,018
- See homes for sale in Andover on Redfin.com

#3. Ramsey, Minnesota
- Payment to income ratio: 29.2%
- Median sale price: $426,993
- Median household income: $112,060
- Income needed to buy: $109,038
- Median monthly mortgage payment: $2,726
- See homes for sale in Ramsey on Redfin.com

#4. Lakeville, Minnesota
- Payment to income ratio: 29.9%
- Median sale price: $539,088
- Median household income: $138,119
- Income needed to buy: $137,663
- Median monthly mortgage payment: $3,442
- See homes for sale in Lakeville on Redfin.com

#5. Savage, Minnesota
- Payment to income ratio: 30.3%
- Median sale price: $484,568
- Median household income: $122,646
- Income needed to buy: $123,741
- Median monthly mortgage payment: $3,094
- See homes for sale in Savage on Redfin.com

#6. Rosemount, Minnesota
- Payment to income ratio: 30.5%
- Median sale price: $506,228
- Median household income: $127,247
- Income needed to buy: $129,272
- Median monthly mortgage payment: $3,232
- See homes for sale in Rosemount on Redfin.com

#7. Rochester, Minnesota
- Payment to income ratio: 31.4%
- Median sale price: $359,786
- Median household income: $87,767
- Income needed to buy: $91,876
- Median monthly mortgage payment: $2,297
- See homes for sale in Rochester on Redfin.com

#8. Maplewood, Minnesota
- Payment to income ratio: 31.6%
- Median sale price: $365,043
- Median household income: $88,534
- Income needed to buy: $93,218
- Median monthly mortgage payment: $2,330
- See homes for sale in Maplewood on Redfin.com

#9. Maple Grove, Minnesota
- Payment to income ratio: 32.0%
- Median sale price: $540,889
- Median household income: $129,481
- Income needed to buy: $138,123
- Median monthly mortgage payment: $3,453
- See homes for sale in Maple Grove on Redfin.com

#10. Coon Rapids, Minnesota
- Payment to income ratio: 32.2%
- Median sale price: $363,727
- Median household income: $86,618
- Income needed to buy: $92,882
- Median monthly mortgage payment: $2,322
- See homes for sale in Coon Rapids on Redfin.com

#11. St. Louis Park, Minnesota
- Payment to income ratio: 32.2%
- Median sale price: $421,701
- Median household income: $100,250
- Income needed to buy: $107,687
- Median monthly mortgage payment: $2,692
- See homes for sale in St. Louis Park on Redfin.com

#12. Elk River, Minnesota
- Payment to income ratio: 32.3%
- Median sale price: $419,956
- Median household income: $99,457
- Income needed to buy: $107,241
- Median monthly mortgage payment: $2,681
- See homes for sale in Elk River on Redfin.com

#13. Prior Lake, Minnesota
- Payment to income ratio: 32.4%
- Median sale price: $551,642
- Median household income: $130,278
- Income needed to buy: $140,869
- Median monthly mortgage payment: $3,522
- See homes for sale in Prior Lake on Redfin.com

#14. Shoreview, Minnesota
- Payment to income ratio: 32.5%
- Median sale price: $463,557
- Median household income: $109,399
- Income needed to buy: $118,375
- Median monthly mortgage payment: $2,959
- See homes for sale in Shoreview on Redfin.com

#15. Brooklyn Center, Minnesota
- Payment to income ratio: 32.6%
- Median sale price: $306,540
- Median household income: $72,009
- Income needed to buy: $78,279
- Median monthly mortgage payment: $1,957
- See homes for sale in Brooklyn Center on Redfin.com

#16. Brooklyn Park, Minnesota
- Payment to income ratio: 33.1%
- Median sale price: $371,967
- Median household income: $85,964
- Income needed to buy: $94,986
- Median monthly mortgage payment: $2,375
- See homes for sale in Brooklyn Park on Redfin.com

#17. Blaine, Minnesota
- Payment to income ratio: 33.2%
- Median sale price: $447,844
- Median household income: $103,382
- Income needed to buy: $114,363
- Median monthly mortgage payment: $2,859
- See homes for sale in Blaine on Redfin.com

#18. Fridley, Minnesota
- Payment to income ratio: 33.3%
- Median sale price: $344,977
- Median household income: $79,274
- Income needed to buy: $88,094
- Median monthly mortgage payment: $2,202
- See homes for sale in Fridley on Redfin.com

#19. Eagan, Minnesota
- Payment to income ratio: 33.3%
- Median sale price: $467,900
- Median household income: $107,486
- Income needed to buy: $119,484
- Median monthly mortgage payment: $2,987
- See homes for sale in Eagan on Redfin.com

#20. Woodbury, Minnesota
- Payment to income ratio: 33.8%
- Median sale price: $556,175
- Median household income: $126,222
- Income needed to buy: $142,026
- Median monthly mortgage payment: $3,551
- See homes for sale in Woodbury on Redfin.com