Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Fridley

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

Median Home$304,271
Median Rent$1,337/month
Population30,241
Leading IndustriesRetail · Transportation · Healthcare16% retail
Home Value Growth+6.5% over 2 years
Young Adults34% of residentswell above average
Homeowners63% of occupied units
NotableTransit84/100 · excellent transit access
NotableAmenity Score71/100 · highly walkable area
Fridley
MN

Frequently Asked Questions

What are today's mortgage rates in Fridley?

As of today, the 30-year fixed mortgage rate for Fridley is approximately 6.974% (7.013% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fridley
What is the median home price in Fridley?

The median home value in Fridley is $304k. The median monthly rent is $1,337. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fridley?

Home values in Fridley have increased 6.5% 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 Fridley?

Based on a typical all-in ownership cost of $1,361/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fridley is $77k/year.

Calculate your buying power
What industries drive the economy in Fridley?

The largest employment sectors in Fridley are public administration (20%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.