Housing & Real Estate — Inver Grove Heights, Minnesota
Overview
| Total Housing Units | 14,913 |
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| Occupied | 14,598 |
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| Vacant | 315 |
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| Owner-Occupied | 11,027 |
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| Renter-Occupied | 3,571 |
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| Median Home Value (Census) | $363,400 |
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| Estimated 2026 | ~$391,000 |
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| Median Rent | $1,447/mo |
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| Median Property Tax | $3,464/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 17.1% |
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| Severely Rent-Burdened | 41.7% |
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Housing Age
| Built 2010 or later | 1,385 |
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| Built 2000-2009 | 2,559 |
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| Built 1990-1999 | 3,729 |
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| Built before 1960 | 1,412 |
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| Median Year Built | 1990 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
