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Chaska

Learn about the people, housing, costs and businesses in Chaska, Minnesota

Median Home$450,299
Median Rent$2,080/month
Population28,530
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare17% retail
Home Value Growth+4.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners67% of occupied units
NotableHigh Incomes$133k/year · top 6% nationally
NotableHighly Educated32% bachelor's · 12% graduate · top 6% nationally
Chaska
MN

Frequently Asked Questions

What are today's mortgage rates in Chaska?

As of today, the 30-year fixed mortgage rate for Chaska is approximately 6.865% (6.900% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chaska?

The median home value in Chaska is $450k. The median monthly rent is $2,080. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chaska?

Home values in Chaska have increased 4.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chaska?

Based on a typical all-in ownership cost of $1,948/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chaska is $133k/year.

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What industries drive the economy in Chaska?

The largest employment sectors in Chaska are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.