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States / Minnesota / Independence

Independence, MN Housing

ACS 2020-2024

Median Home Value
$663,400 ± $96,189
Median Gross Rent
$3,469 ± $2,661/mo
Homeownership Rate
92.1%
Rent as Share of Income
22.3%
Price-to-Income Ratio
3.6×
Vacancy Rate
6.2%
Median Year Built
1989

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
23
Buildings
23
Single-Family Units
23
Multi-Family Units
0

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Independence, MN Housing: Rent & Home Values | HomeDataUSA