Housing & Real Estate — Andover, Minnesota
Overview
| Total Housing Units | 11,289 |
|---|
| Occupied | 11,087 |
|---|
| Vacant | 202 |
|---|
| Owner-Occupied | 10,395 |
|---|
| Renter-Occupied | 692 |
|---|
| Median Home Value (Census) | $410,200 |
|---|
| Estimated 2026 | ~$464,000 |
|---|
| Median Rent | $1,827/mo |
|---|
| Median Property Tax | $3,632/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 15.9% |
|---|
| Severely Rent-Burdened | 50.8% |
|---|
Housing Age
| Built 2010 or later | 1,202 |
|---|
| Built 2000-2009 | 2,496 |
|---|
| Built 1990-1999 | 2,949 |
|---|
| Built before 1960 | 403 |
|---|
| Median Year Built | 1993 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
