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City · 8,708 residents · Hennepin County, Minnesota

Minnetrista , Minnesota

In Minnetrista, a typical home is worth $658,300 and typical rent is $3,501 a month. Compared with all of Hennepin County, typical rent is 135% higher, the typical home value is 68% higher, and the share of households that own their home is 35 points higher.

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  • Typical home value

    $658,300

    68% above the county

    100% above Minnesota

    • Minnetrista
    • Hennepin
    • Minnesota

  • Typical rent

    $3,501a month

    135% above the county

    174% above Minnesota

    • Minnetrista
    • Hennepin
    • Minnesota

  • Typical household income

    $163,051a year

    67% above the county

    83% above Minnesota

    • Minnetrista
    • Hennepin
    • Minnesota

  • Households that own their home

    98%

    35 points above the county

    26 points above Minnesota

    • Minnetrista
    • Hennepin
    • Minnesota

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

Market now, with Zillow data

Zillow data
Typical home value
$685,951
2.6% more than 12 months ago
Typical rent
$2,316 a month

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

Minnetrista 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 Minnetrista apart

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

  1. Minnetrista has the highest homeownership rate of the 152 cities in Minnesota with more than 5,000 people: 98%.

  2. Minnetrista has the highest typical rent of the 148 cities in Minnesota with more than 5,000 people: $3,501.

  3. The typical home in Minnetrista is worth $658,300, 68% more than in Hennepin County as a whole ($392,900).

  4. The typical household income in Minnetrista is $163,051, 67% more than in Hennepin County as a whole ($97,653).

  5. Nearby, in Mound, the typical rent is $1,098: 69% less than in Minnetrista ($3,501).

  6. Nearby, in Mound, the typical home value is $370,800: 44% less than in Minnetrista ($658,300).

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

The homes here

Housing in Minnetrista

What homes there are in Minnetrista, 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

The detached house rules in Minnetrista: 98% of homes, more than in Hennepin County (52%).

Year built

Here half of the homes date from 1996 or later; in Hennepin County, from 1973 or later.

There is more room for a big family here: 91% 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
Monthly rent with utilities

With a mortgage

$2,942 a month

Hennepin County: $2,255 a month

Without a mortgage

$1,052 a month

Hennepin County: $853 a month

Owners with a mortgage

73%

Hennepin County: 69%

Owning costs more in Minnetrista: with a mortgage, the typical cost is $2,942 a month; in Hennepin County, $2,255. Without one, $1,052.

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 Minnetrista gained value more slowly than in Hennepin County: 38% since 2015–2019, against 42%.

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

MeasureMinnetristaHennepin 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 Unreliable estimate2.7%2.3%3.4%
People per household 2.952.302.432.53
Drive alone 60%60%69%69%
Carpool Unreliable estimate6%8%9%
Public transit Unreliable estimate4%2%3%
Walk or bike Unreliable estimate4%3%3%
Work from home 34%25%18%15%
Other means Unreliable estimate2%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Minnetrista are bigger: 2.95 people on average; in Hennepin County, 2.30.

Working from home is more common in Minnetrista: 34%, against 25% in Hennepin 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 Minnetrista?

A typical home costs more than the typical income allows

We start with a typical home in Minnetrista, worth $658,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Minnetrista, which is $163,051 a year. For that payment to be 28% of income, a household would need to earn about $233,526 a year. Note: at that price the loan is above the FHA limit for Hennepin County ($552,000), so FHA would not insure it; the payment is only a reference.

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 Minnetrista. 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 $23,041 (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

$5,449

at 7.18% · 30 years

Loan amount
$646,376
Total interest
$929,983
Paid off in
November 2056

Includes $11,117 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,805 a month

  • Tight

    $3,805 to $4,892 a month

  • Hard

    more than $4,892 a month

    Your payment · 40%

Compared with the typical household income in Minnetrista ($163,051 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,449
Principal & interest$4,379
Property tax$505
Home insurance$274
FHA mortgage insurance (MIP)$291

This loan is over the FHA limit

You'd borrow $635,259, but the FHA limit for a one-unit home in Minnetrista is $552,000. You'd need a bigger down payment or a different loan.

You need at least $23,041 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

Minnetrista and Hennepin County

Minnetrista 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).

Minnetrista's own numbers

Typical home value
$658,300
Typical monthly rent
$3,501
Typical yearly household income
$163,051
Households that own their home
98%
Effective property tax rate
0.92%

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 Minnetrista

A typical home in Minnetrista is worth $658,300: 68% above the county and 100% above Minnesota. With the typical household income in Minnetrista ($163,051 a year), a typical home costs 4.0 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.

  • Minnetrista 4.0 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

Minnetrista 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
  • Minnetrista $658,300
  • Hennepin $392,900
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Minnetrista $3,501
  • Hennepin $1,487
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Minnetrista $163,051
  • Hennepin $97,653
  • Minnesota $89,062
  • United States $80,734
See the full table
Minnetrista next to Hennepin County and Minnesota
Measure Minnetrista Hennepin County Minnesota U.S.
Typical home value $658,300 $392,900 $329,300 $332,700
Typical monthly rent $3,501 $1,487 $1,280 $1,413
Typical yearly household income $163,051 $97,653 $89,062 $80,734
Households that own their home 98% 63% 72% 65%
Typical yearly property tax $6,038 $4,480 $3,357 $3,119
Effective property tax rate 0.92% 1.14% 1.02% 0.94%

“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 Minnetrista

For a typical $658,300 home in Minnetrista, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Minnetrista's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,449a month

    Above the FHA limit for Hennepin County ($552,000)
    Down payment
    $23,041
    Cash to close
    $42,790
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $291

  • Conventional, 5% down $5,328a month

    Least cash to close
    Down payment
    $32,915
    Cash to close
    $52,664
    Rate
    7.18%
    Mortgage insurance
    PMI · $313

  • Conventional, 20% down, no PMI $4,347a month

    Down payment
    $131,660
    Cash to close
    $151,409
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,955a month

    Down payment
    $98,745
    Cash to close
    $118,494
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 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 Minnetrista and for Hennepin County.

Property tax

Effective rate in Minnetrista

0.92%of the home’s value each year

$6,038 a year for the typical owner in Minnetrista.

  • Minnetrista 0.92%
  • 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 Minnetrista

Typical rent in Minnetrista is $3,501 a month: 135% above the county.

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 Minnetrista

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

For 2 bedrooms it runs from $1,540 in 55359 to $1,580 in 55364.

None is above the fair market rent for Hennepin County ($1,734).

  • 55359 $1,540$2,040
  • 55364 $1,580$2,060

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Minnetrista 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?

Free help

Help to buy or rent in Minnetrista

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.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Minnetrista

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

The HUD-approved agencies closest to the center of Minnetrista, 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 · 14 miles away · Spanish

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

  • Community Action Partnership of Hennepin County

    7101 Northland Cir N, Brooklyn Park · 19 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (952) 697-1303

  • Build Wealth Minnesota, Inc

    2121 Plymouth Ave N, Minneapolis · 20 miles away · Spanish

    Also serves in Cambodian and French.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (612) 877-4182

Every agency in Hennepin County All counseling agencies in Minnesota

Help in Spanish near Minnetrista

2 of the 3 agencies on this list say they serve 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 Minnetrista

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

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Minnetrista

Short answers with the numbers for Minnetrista 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 Minnetrista?

The typical home value in Minnetrista is $658,300, 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 Minnetrista?

Typical rent in Minnetrista is $3,501 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 Minnetrista?

Minnetrista 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 Minnetrista?

The typical homeowner in Minnetrista pays $6,038 a year, according to the U.S. Census Bureau. That is 0.92% of the home’s value; in Hennepin County, the rate is 1.14%.

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

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).