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City · 63,051 residents · Hennepin County, Minnesota

Eden Prairie , Minnesota

In Eden Prairie, a typical home is worth $473,900 and typical rent is $1,833 a month. Compared with all of Hennepin County, typical household income is 34% higher, typical rent is 23% higher, and the share of households that own their home is 13 points higher.

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  • Typical home value

    $473,900

    21% above the county

    44% above Minnesota

    • Eden Prairie
    • Hennepin
    • Minnesota

  • Typical rent

    $1,833a month

    23% above the county

    43% above Minnesota

    • Eden Prairie
    • Hennepin
    • Minnesota

  • Typical household income

    $130,489a year

    34% above the county

    47% above Minnesota

    • Eden Prairie
    • Hennepin
    • Minnesota

  • Households that own their home

    76%

    13 points above the county

    4 points above Minnesota

    • Eden Prairie
    • Hennepin
    • Minnesota

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

Market now, with Zillow data

Zillow data
Typical home value
$499,728
2.5% more than 12 months ago
Typical rent
$1,837 a month
3.7% more than 12 months ago

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

Eden Prairie is in Hennepin 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 Hennepin County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Eden Prairie apart

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

  1. The typical household income in Eden Prairie is $130,489, 34% more than in Hennepin County as a whole ($97,653).

  2. Nearby, in Shakopee, the typical home value is $374,800: 21% less than in Eden Prairie ($473,900).

  3. Nearby, in Hopkins, the typical rent is $1,468: 20% less than in Eden Prairie ($1,833).

  4. 76% of households in Eden Prairie own their home, against 63% in Hennepin County.

  5. The typical rent in Eden Prairie is $1,833 a month, 23% more than in Hennepin County as a whole ($1,487).

  6. The typical home in Eden Prairie is worth $473,900, 21% more than in Hennepin County as a whole ($392,900).

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

The homes here

Housing in Eden Prairie

What homes there are in Eden Prairie, 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

In Eden Prairie, 5 in 10 homes are single-family detached houses, about the same as in Hennepin County.

Year built

Here half of the homes date from 1988 or later; in Hennepin County, from 1973 or later.

There is more room for a big family here: 65% of homes have 3 bedrooms or more, against 52% in Hennepin County.

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

The FHA limit for Hennepin County is $552,000: about 62% of owner-occupied homes in Eden Prairie are worth less, and the rest more.

Monthly rent with utilities

With a mortgage

$2,480 a month

Hennepin County: $2,255 a month

Without a mortgage

$880 a month

Hennepin County: $853 a month

Owners with a mortgage

69%

Hennepin County: 69%

Owning costs more in Eden Prairie: with a mortgage, the typical cost is $2,480 a month; in Hennepin County, $2,255. Without one, $880.

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

Homes in Eden Prairie gained value more slowly than in Hennepin County: 29% since 2015–2019, against 42%.

The typical rent in Eden Prairie rose 31% since 2015–2019, about the same as in Hennepin County (31%).

Here income did not keep up with housing: it rose 17%, while home values changed +29% and rent +31%.

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

MeasureEden PrairieHennepin CountyMinnesotaUnited States
Rental vacancy Unreliable estimate5.9%5.3%5.5%
Homeowner vacancy Unreliable estimate0.6%0.6%0.9%
More than one person per room 1.8%2.7%2.3%3.4%
People per household 2.452.302.432.53
Drive alone 59%60%69%69%
Carpool 5%6%8%9%
Public transit 2%4%2%3%
Walk or bike 1%4%3%3%
Work from home 32%25%18%15%
Other means 1%2%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Eden Prairie, 1.8% of households live with more than one person per room, about the same as in Hennepin County.

On average, a household in Eden Prairie has 2.45 people, more than in Hennepin County (2.30).

Many people here do not commute at all: 32% work from home; in Hennepin County, 25%.

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 Eden Prairie?

A typical home costs more than the typical income allows

We start with a typical home in Eden Prairie, worth $473,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Eden Prairie, which is $130,489 a year. For that payment to be 28% of income, a household would need to earn about $170,989 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Eden Prairie. 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 $16,587 (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

$3,990

at 7.18% · 30 years

Loan amount
$465,316
Total interest
$669,481
Paid off in
November 2056

Includes $8,003 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,045 a month

  • Tight

    $3,045 to $3,915 a month

  • Hard

    more than $3,915 a month

    Your payment · 37%

Compared with the typical household income in Eden Prairie ($130,489 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,990
Principal & interest$3,152
Property tax$431
Home insurance$198
FHA mortgage insurance (MIP)$210

You need at least $16,587 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

Eden Prairie and Hennepin County

Eden Prairie is in Hennepin 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).

Eden Prairie's own numbers

Typical home value
$473,900
Typical monthly rent
$1,833
Typical yearly household income
$130,489
Households that own their home
76%
Effective property tax rate
1.09%

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

Numbers for all of Hennepin 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)
+30%
Homes in a high flood-risk zone
0.5%

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 Hennepin County.

Everything about Hennepin County

Buying

Buying a home in Eden Prairie

A typical home in Eden Prairie is worth $473,900: 21% above the county and 44% above Minnesota. With the typical household income in Eden Prairie ($130,489 a year), a typical home costs 3.6 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.

  • Eden Prairie 3.6 years
  • Hennepin 4.0 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Hennepin County

According to FHFA’s house price index, home prices in Hennepin County rose 65% in the 10 years through 2025.

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

Period County Minnesota U.S.
Last year (2025) +3.0% +2.8% +2.9%
5 years (2020–2025) +30% +37% +47%
10 years (2015–2025) +65% +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

Eden Prairie next to Hennepin 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
  • Eden Prairie $473,900
  • Hennepin $392,900
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Eden Prairie $1,833
  • Hennepin $1,487
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Eden Prairie $130,489
  • Hennepin $97,653
  • Minnesota $89,062
  • United States $80,734
See the full table
Eden Prairie next to Hennepin County and Minnesota
Measure Eden Prairie Hennepin County Minnesota U.S.
Typical home value $473,900 $392,900 $329,300 $332,700
Typical monthly rent $1,833 $1,487 $1,280 $1,413
Typical yearly household income $130,489 $97,653 $89,062 $80,734
Households that own their home 76% 63% 72% 65%
Typical yearly property tax $5,158 $4,480 $3,357 $3,119
Effective property tax rate 1.09% 1.14% 1.02% 0.94%
Renters with high rent for their income 42% 48% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hennepin 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 Eden Prairie

For a typical $473,900 home in Eden Prairie, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Eden Prairie's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,990a month

    Least cash to close
    Down payment
    $16,587
    Cash to close
    $30,804
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $210

  • Conventional, 5% down $3,903a month

    Down payment
    $23,695
    Cash to close
    $37,912
    Rate
    7.18%
    Mortgage insurance
    PMI · $225

  • Conventional, 20% down, no PMI $3,196a month

    Down payment
    $94,780
    Cash to close
    $108,997
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,634a month

    Down payment
    $71,085
    Cash to close
    $85,302
    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 Eden Prairie and for Hennepin County.

Property tax

Effective rate in Eden Prairie

1.09%of the home’s value each year

$5,158 a year for the typical owner in Eden Prairie.

  • Eden Prairie 1.09%
  • Hennepin 1.14%
  • 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 Hennepin County

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

Homes in the high-risk zone
0.5%
1,992
Of those, with NFIP insurance
15%
County Minnesota U.S.
Homes in the high-risk zone 0.5% 0.7% 3.5%
Of those, with NFIP insurance 15% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Eden Prairie

Typical rent in Eden Prairie is $1,833 a month: 23% above the county. In Eden Prairie, 42% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Hennepin 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 Hennepin 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 Eden Prairie

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Eden Prairie has 3 ZIP codes with their own.

For 2 bedrooms it runs from $2,130 in 55344 to $2,390 in 55347.

3 of the 3 are above the fair market rent for Hennepin County ($1,734).

  • 55344 $2,130$2,780
  • 55346 $2,270$2,960
  • 55347 $2,390$3,120

A ZIP code counts for Eden Prairie 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 Eden Prairie

HUD lists 7 buildings with rents for lower incomes in Eden Prairie. These are the largest.

  • Prairie Meadow Aka Windslope Apts 11345 Westwind Dr, Eden Prairie 55344 168 low-income homes · For families (952) 941-5544
  • Prairie Meadows 11365 Westwind Dr, Eden Prairie 55344 168 homes, 164 low-income · Studio: 11 · 1 bd: 136 · 2 bd: 21 · In service since 2017 · For older adults, people with disabilities, families
  • 092014ni -- Briarhill 7023 Woodland Dr, Eden Prairie 55346 126 homes, 124 low-income · For families (952) 937-1735
  • The Bluffs at Nine Mile Creek 7475 Flying Cloud Dr, Eden Prairie 55344 188 homes, 63 low-income · Studio: 4 · 1 bd: 70 · 2 bd: 114 · In service since 2004
  • Edendale Retirement Residences 16700 Main St, Eden Prairie 55346 61 low-income homes · For older adults (952) 934-5016

See all 329 buildings in Hennepin County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Eden Prairie

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 are 8 HUD-approved agencies with an office in Hennepin County; 3 say they serve in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Eden Prairie

No down payment, repair or rent-help program on our list is for Eden Prairie or Hennepin County. The ones below are statewide in Minnesota: they work in Eden Prairie 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 Eden Prairie

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

  • Scott County Community Development Agency

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

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

  • Prg, Inc.

    2017 E 38th St, Minneapolis · 12 miles away

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

  • Lutheran Social Service of Minnesota

    2400 Park Avenue, Minneapolis · 12 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 1 more
    (888) 577-2227

Every agency in Hennepin County All counseling agencies in Minnesota

Help in Spanish near Eden Prairie

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 Eden Prairie

In HUD’s record, no housing authority with an office in Hennepin County is named for Eden Prairie or Hennepin County.

7 other authorities have an office in Hennepin County: see the list Source: HUD

Cities

Other cities in Hennepin County

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

Everything about Hennepin County Housing in Minnesota
See 13 more cities in Hennepin County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Eden Prairie, with the typical home value.

Neighboring counties

If Hennepin 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 Eden Prairie.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Eden Prairie

Short answers with the numbers for Eden Prairie and all of Hennepin 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 Eden Prairie?

The typical home value in Eden Prairie is $473,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hennepin County it is $392,900.

How much does it cost to rent in Eden Prairie?

Typical rent in Eden Prairie is $1,833 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hennepin County is $1,734.

What is the FHA loan limit in Eden Prairie?

Eden Prairie uses the FHA limit for all of Hennepin 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 Eden Prairie?

The typical homeowner in Eden Prairie pays $5,158 a year, according to the U.S. Census Bureau. That is 1.09% of the home’s value; in Hennepin County, the rate is 1.14%.

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

There are 8 HUD-approved counseling agencies with an office in Hennepin County. 3 say they serve in Spanish. 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).