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Minnetonka Beach

Learn about the people, housing, costs and businesses in Minnetonka Beach, Minnesota

Median Home$757,700
Median Rent$1,283/month
Population535
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation10% arts, food & hospitality
Home Value Growth+4.0% over 2 years
Retirees30% of residentswell above average
Renters51% of occupied units
NotableHighly Educated30% hold a bachelor's degree · top 9% nationally
NotableAmenity Score73/100 · highly walkable area
Minnetonka Beach
MN

Explore Minnetonka Beach

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Minnetonka Beach?

As of today, the 30-year fixed mortgage rate for Minnetonka Beach is approximately 6.965% (7.004% 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 Minnetonka Beach?

The median home value in Minnetonka Beach is $758k. The median monthly rent is $1,283. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Minnetonka Beach?

Home values in Minnetonka Beach have increased 4.0% 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 Minnetonka Beach?

Based on a typical all-in ownership cost of $1,611/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minnetonka Beach is $65k/year.

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What industries drive the economy in Minnetonka Beach?

The largest employment sectors in Minnetonka Beach are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.