Hennepin County, MN — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$376,500
Median Rent
$1,439/mo
Homeownership
63.0%
Vacancy Rate
5.3%
Total Housing Units
564,441
Property Tax
$4,337/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied63.0%
Renter-Occupied37.0%
Housing Types
Source: Census Bureau ACS (2023)Single Family60.5%
Multi-Family39.2%
Mobile Home0.3%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,788/mo
Without Mortgage
$2,182/mo
Median Year Built
1973
The median home value in Hennepin County, MN is $376,500 according to 2023 Census Bureau estimates. The median monthly rent is $1,439. 63.0% of housing units are owner-occupied. There are 564,441 total housing units in the county. The vacancy rate is 5.3%.