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City · 64,463 residents · Dakota County, Minnesota

Burnsville , Minnesota

In Burnsville, a typical home is worth $355,200 and typical rent is $1,513 a month. Compared with all of Dakota County, typical household income is 18% lower, the typical home value is 7% lower, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $355,200

    7% below the county

    8% above Minnesota

    • Burnsville
    • Dakota
    • Minnesota

  • Typical rent

    $1,513a month

    2% below the county

    18% above Minnesota

    • Burnsville
    • Dakota
    • Minnesota

  • Typical household income

    $87,024a year

    18% below the county

    2% below Minnesota

    • Burnsville
    • Dakota
    • Minnesota

  • Households that own their home

    65%

    10 points below the county

    8 points below Minnesota

    • Burnsville
    • Dakota
    • Minnesota

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$364,909
2.1% more than 12 months ago
Typical rent
$1,493 a month
1.9% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Burnsville is in Dakota County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Dakota County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Burnsville apart

What this place has that others do not, from public data, most unusual first.

  1. The typical household income in Burnsville is $87,024, 18% less than in Dakota County as a whole ($106,318).

  2. 65% of households in Burnsville own their home, against 75% in Dakota County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Burnsville

What homes there are in Burnsville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Homes in Burnsville are varied: detached houses are the largest group, at 45%, against 58% in Dakota County.

Year built

The typical home in Burnsville was built in 1982, 6 years before the typical one in Dakota County.

Homes in Burnsville are smaller: 55% have 3 bedrooms or more; in Dakota County, 65%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 90% of owner-occupied homes in Burnsville are worth less than the FHA loan limit for Dakota County ($552,000).

Monthly rent with utilities

With a mortgage

$2,034 a month

Dakota County: $2,129 a month

Without a mortgage

$712 a month

Dakota County: $758 a month

Owners with a mortgage

66%

Dakota County: 70%

Owning costs about the same in Burnsville as in Dakota County: with a mortgage, $2,034 a month; without one, $712.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Burnsville rose at about the same pace as in Dakota County: 44% against 43%.

The typical rent in Burnsville rose 23% over the same time; in Dakota County, it rose 32%.

The typical household income in Burnsville rose 18%: less than home values (+44%) and rent (+23%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBurnsvilleDakota CountyMinnesotaUnited States
Rental vacancy Unreliable estimate3.8%5.3%5.5%
Homeowner vacancy Unreliable estimate0.4%0.6%0.9%
More than one person per room 4.5%2.2%2.3%3.4%
People per household 2.472.542.432.53
Drive alone 69%68%69%69%
Carpool 11%7%8%9%
Public transit 1%1%2%3%
Walk or bike 1%1%3%3%
Work from home 17%21%18%15%
Other means 2%1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Burnsville, 4.5% of households live with more than one person per room, against 2.2% in Dakota County.

By size, households in Burnsville look like those in Dakota County: 2.47 people on average.

Carpooling is common in Burnsville: 11% of workers get to work that way, against 7% in Dakota County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Burnsville?

A typical home costs more than the typical income allows

We start with a typical home in Burnsville, worth $355,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Burnsville, which is $87,024 a year. For that payment to be 28% of income, a household would need to earn about $126,638 a year.

The calculator's FHA and conventional loan limits are those of all of Dakota County.

Your numbers

Local data
$

Starts at the typical home value in Burnsville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $12,432 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,955

at 7.18% · 30 years

Loan amount
$348,766
Total interest
$501,793
Paid off in
November 2056

Includes $5,998 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,031 a month

  • Tight

    $2,031 to $2,611 a month

  • Hard

    more than $2,611 a month

    Your payment · 41%

Compared with the typical household income in Burnsville ($87,024 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,955
Principal & interest$2,363
Property tax$287
Home insurance$148
FHA mortgage insurance (MIP)$157

You need at least $12,432 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Burnsville and Dakota County

Burnsville is in Dakota County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Burnsville's own numbers

Typical home value
$355,200
Typical monthly rent
$1,513
Typical yearly household income
$87,024
Households that own their home
65%
Effective property tax rate
0.97%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Dakota County

FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+32%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Dakota County.

Everything about Dakota County

Buying

Buying a home in Burnsville

A typical home in Burnsville is worth $355,200: 7% below the county and 8% above Minnesota. With the typical household income in Burnsville ($87,024 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Burnsville 4.1 years
  • Dakota 3.6 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Dakota County

According to FHFA’s house price index, home prices in Dakota County rose 64% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Dakota County.

Period County Minnesota U.S.
Last year (2025) +1.5% +2.8% +2.9%
5 years (2020–2025) +32% +37% +47%
10 years (2015–2025) +64% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Burnsville next to Dakota County, Minnesota and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Burnsville $355,200
  • Dakota $381,000
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Burnsville $1,513
  • Dakota $1,548
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Burnsville $87,024
  • Dakota $106,318
  • Minnesota $89,062
  • United States $80,734
See the full table
Burnsville next to Dakota County and Minnesota
Measure Burnsville Dakota County Minnesota U.S.
Typical home value $355,200 $381,000 $329,300 $332,700
Typical monthly rent $1,513 $1,548 $1,280 $1,413
Typical yearly household income $87,024 $106,318 $89,062 $80,734
Households that own their home 65% 75% 72% 65%
Typical yearly property tax $3,451 $3,749 $3,357 $3,119
Effective property tax rate 0.97% 0.98% 1.02% 0.94%
Renters with high rent for their income 50% 50% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Dakota County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Burnsville

For a typical $355,200 home in Burnsville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Burnsville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,955a month

    Least cash to close
    Down payment
    $12,432
    Cash to close
    $23,088
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $157

  • Conventional, 5% down $2,890a month

    Down payment
    $17,760
    Cash to close
    $28,416
    Rate
    7.18%
    Mortgage insurance
    PMI · $169

  • Conventional, 20% down, no PMI $2,360a month

    Down payment
    $71,040
    Cash to close
    $81,696
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,689a month

    Down payment
    $53,280
    Cash to close
    $63,936
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Burnsville and for Dakota County.

Property tax

Effective rate in Burnsville

0.97%of the home’s value each year

$3,451 a year for the typical owner in Burnsville.

  • Burnsville 0.97%
  • Dakota 0.98%
  • Minnesota 1.02%

What Minnesota publishes Homestead market value exclusion (Minnesota Office of the Revisor of Statutes (Minnesota Statutes))

Exemptions and deadlines in Minnesota

Flood risk in Dakota County

FEMA does not publish these numbers by city: they are for all of Dakota County.

Homes in the high-risk zone
0.3%
488
Of those, with NFIP insurance
6.6%
County Minnesota U.S.
Homes in the high-risk zone 0.3% 0.7% 3.5%
Of those, with NFIP insurance 6.6% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Burnsville

Typical rent in Burnsville is $1,513 a month: 2% below the county. In Burnsville, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Dakota County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of Dakota County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,265 $24.33 $50,600
1 bedroom $1,427 $27.44 $57,080
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,264 $43.54 $90,560
4 bedrooms $2,538 $48.81 $101,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Burnsville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Burnsville has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,870 in 55337 to $1,940 in 55306.

2 of the 2 are above the fair market rent for Dakota County ($1,734).

  • 55306 $1,940$2,530
  • 55337 $1,870$2,440

A ZIP code counts for Burnsville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Burnsville

HUD lists 14 buildings with rents for lower incomes in Burnsville. These are the largest.

  • 092020ni -- Chancellor Manor 14250 Irving Ave S, Burnsville 55306 200 homes, 196 low-income · For families (952) 435-7111
  • Chancellor Manor Multiple Building Addresses, Burnsville 55306 200 homes, 189 low-income · 1 bd: 60 · 2 bd: 80 · 3 bd: 60 · In service since 2009 · For families
  • Grande Market Place Apartments 12700 Nicollet Ave, Burnsville 55337 113 homes, 60 low-income · Studio: 6 · 1 bd: 40 · 2 bd: 67 · In service since 2003 · For families
  • Andrews Pointe Multiple Building Addresses, Burnsville 55337 57 low-income homes · 2 bd: 28 · 3 bd: 29 · In service since 2011 · For people with disabilities
  • Timber Ridge 14032 Plymouth Ave, Burnsville 55337 49 homes, 48 low-income · 2 bd: 24 · 3 bd: 25 · In service since 1995

See all 74 buildings in Dakota County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Burnsville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Dakota County; none says it serves in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Burnsville

No down payment, repair or rent-help program on our list is for Burnsville or Dakota County. The ones below are statewide in Minnesota: they work in Burnsville the same as in the rest of the state.

Which programs do I qualify for? All programs in Minnesota

  • Deferred Payment Loan (Start Up)

    Statewide in Minnesota

    Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Deferred

    See the program Official page

  • Monthly Payment Loan

    Statewide in Minnesota

    Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Repayable

    See the program Official page

Housing counselors near Burnsville

The HUD-approved agencies closest to the center of Burnsville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Dakota County Community Development Agency

    1228 Town Centre Dr, Eagan · 8 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (651) 675-4400

  • Prg, Inc.

    2017 E 38th St, Minneapolis · 12 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (612) 721-7556

  • Scott County Community Development Agency

    100 5th Ave E, Shakopee · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (952) 402-9022

Every agency in Dakota County All counseling agencies in Minnesota

Help in Spanish near Burnsville

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Burnsville

HUD’s record names them for Burnsville or Dakota County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Dakota County Cda Public housing and Section 8 vouchers (651) 675-4400

One other authority has an office in Dakota County: see the list Source: HUD

Cities

Other cities in Dakota County

These cities are also in Dakota County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Dakota County Housing in Minnesota

Nearby cities

The cities closest to Burnsville, with the typical home value.

Neighboring counties

If Dakota County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Burnsville.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Burnsville

Short answers with the numbers for Burnsville and all of Dakota County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Burnsville?

The typical home value in Burnsville is $355,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Dakota County it is $381,000.

How much does it cost to rent in Burnsville?

Typical rent in Burnsville is $1,513 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Dakota County is $1,734.

What is the FHA loan limit in Burnsville?

Burnsville uses the FHA limit for all of Dakota County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.

How much property tax do owners pay in Burnsville?

The typical homeowner in Burnsville pays $3,451 a year, according to the U.S. Census Bureau. That is 0.97% of the home’s value; in Dakota County, the rate is 0.98%.

Where can I find free help to buy or rent in Burnsville?

There is 1 HUD-approved counseling agency with an office in Dakota County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).