Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Minneota

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

Median Home$178,000
Median Rent$640/month
Population1,368
Leading IndustriesConstruction · Agriculture & Mining · Transportation11% construction
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners82% of occupied units
NotableHigh Incomes$89k/year · top 26% nationally
Minneota
MN

Frequently Asked Questions

What are today's mortgage rates in Minneota?

As of today, the 30-year fixed mortgage rate for Minneota is approximately 7.083% (7.128% 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 Minneota
What is the median home price in Minneota?

The median home value in Minneota is $178k. The median monthly rent is $640. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Minneota?

Home values in Minneota have increased 15.3% over the past two years. This indicates a strong appreciation trend. 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 Minneota?

Based on a typical all-in ownership cost of $849/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minneota is $89k/year.

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

The largest employment sectors in Minneota are public administration (24%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.