Housing & Real Estate — Shakopee, Minnesota
Overview
| Total Housing Units | 16,491 |
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| Occupied | 16,094 |
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| Vacant | 397 |
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| Owner-Occupied | 12,360 |
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| Renter-Occupied | 3,734 |
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| Median Home Value (Census) | $374,800 |
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| Estimated 2026 | ~$408,000 |
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| Median Rent | $1,495/mo |
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| Median Property Tax | $3,700/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 16.7% |
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| Severely Rent-Burdened | 33.4% |
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Housing Age
| Built 2010 or later | 2,848 |
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| Built 2000-2009 | 5,290 |
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| Built 1990-1999 | 3,835 |
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| Built before 1960 | 1,443 |
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| Median Year Built | 1998 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
