Housing & Real Estate — Minnetonka, Minnesota
Overview
| Total Housing Units | 24,595 |
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| Occupied | 23,348 |
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| Vacant | 1,247 |
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| Owner-Occupied | 16,917 |
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| Renter-Occupied | 6,431 |
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| Median Home Value (Census) | $475,800 |
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| Estimated 2026 | ~$525,000 |
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| Median Rent | $1,758/mo |
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| Median Property Tax | $5,285/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 | 17.7% |
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| Severely Rent-Burdened | 38.0% |
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Housing Age
| Built 2010 or later | 2,436 |
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| Built 2000-2009 | 1,439 |
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| Built 1990-1999 | 2,963 |
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| Built before 1960 | 5,354 |
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| Median Year Built | 1979 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
