Faribault vs Minneapolis: Housing
| Faribault | Minneapolis | |
|---|---|---|
| Median Home Value | $241,500 | $362,200 |
| Median Gross Rent | $1,074/mo | $1,371/mo |
| Homeownership Rate | 66.1% | 47.7% |
| Rent as Share of Income | 21.0% | 20.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.