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Eden Prairie

Learn about the people, housing, costs and businesses in Eden Prairie, Minnesota

Median Home$478,080
Median Rent$1,904/month
Population63,051
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation14% arts, food & hospitality
Home Value Growth+5.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners76% of occupied units
NotableHighly Educated39% bachelor's · 19% graduate · top 1% nationally
NotableHigh Incomes$143k/year · top 5% nationally
Eden Prairie
MN

Frequently Asked Questions

What are today's mortgage rates in Eden Prairie?

As of today, the 30-year fixed mortgage rate for Eden Prairie is approximately 6.873% (6.908% 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 Eden Prairie?

The median home value in Eden Prairie is $478k. The median monthly rent is $1,904. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eden Prairie?

Home values in Eden Prairie have increased 5.7% 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 Eden Prairie?

Based on a typical all-in ownership cost of $1,984/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eden Prairie is $143k/year.

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What industries drive the economy in Eden Prairie?

The largest employment sectors in Eden Prairie are public administration (19%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.