Housing & Real Estate — Tonka Bay, Minnesota
Overview
| Total Housing Units | 619 |
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| Occupied | 569 |
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| Vacant | 50 |
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| Owner-Occupied | 494 |
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| Renter-Occupied | 75 |
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| Median Home Value (Census) | $917,100 |
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| Estimated 2026 | ~$1,036,000 |
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| Median Rent | $2,299/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 17.6% |
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| Severely Rent-Burdened | 31.7% |
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Housing Age
| Built 2010 or later | 90 |
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| Built 2000-2009 | 42 |
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| Built 1990-1999 | 79 |
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| Built before 1960 | 222 |
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| Median Year Built | 1976 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
